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Company Registration No. 11076144 (England and Wales)
KTJ Trading Ltd Unaudited accounts for the year ended 30 November 2023
KTJ Trading Ltd Unaudited accounts Contents
Page
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KTJ Trading Ltd Company Information for the year ended 30 November 2023
Director
K R Jacob
Company Number
11076144 (England and Wales)
Registered Office
59 Dukes Wood Avenue Gerrards Cross SL9 7JY
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KTJ Trading Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
400,000 
380,000 
Current assets
Debtors
- 
108 
Cash at bank and in hand
5,835 
9,621 
5,835 
9,729 
Net current assets
5,835 
9,729 
Total assets less current liabilities
405,835 
389,729 
Creditors: amounts falling due after more than one year
(389,328)
(389,016)
Provisions for liabilities
Deferred tax
(1,200)
- 
Net assets
15,307 
713 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
15,306 
712 
Shareholders' funds
15,307 
713 
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 September 2024 and were signed on its behalf by
K R Jacob Director Company Registration No. 11076144
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KTJ Trading Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
KTJ Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 11076144. The registered office is 59 Dukes Wood Avenue, Gerrards Cross, SL9 7JY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2023 
£ 
Fair value at 1 December 2022
380,000 
Net gain from fair value adjustments
20,000 
At 30 November 2023
400,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
108 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
260,094 
260,094 
Loans from directors
129,234 
128,922 
389,328 
389,016 
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KTJ Trading Ltd Notes to the Accounts for the year ended 30 November 2023
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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