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Company Registration No. 10466495 (England and Wales)
KINETIC BIOSCIENCES LTD Unaudited accounts for the year ended 30 November 2023
KINETIC BIOSCIENCES LTD Unaudited accounts Contents
Page
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KINETIC BIOSCIENCES LTD Company Information for the year ended 30 November 2023
Director
Yassin Bhadurali MAMADE
Company Number
10466495 (England and Wales)
Registered Office
67 MOULTON ROAD HAMILTON LEICESTER LE5 1BS ENGLAND
Accountants
Deq Accountancy Ltd 62 Bloomfield Road Leicester LE2 6LA
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KINETIC BIOSCIENCES LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
562 
708 
Current assets
Cash at bank and in hand
- 
329 
Creditors: amounts falling due within one year
(68,035)
(34,676)
Net current liabilities
(68,035)
(34,347)
Total assets less current liabilities
(67,473)
(33,639)
Creditors: amounts falling due after more than one year
(50,000)
(50,000)
Net liabilities
(117,473)
(83,639)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(117,475)
(83,641)
Shareholders' funds
(117,473)
(83,639)
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 his 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 31 July 2024 and were signed on its behalf by
Yassin Bhadurali MAMADE Director Company Registration No. 10466495
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KINETIC BIOSCIENCES LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
KINETIC BIOSCIENCES LTD is a private company, limited by shares, registered in England and Wales, registration number 10466495. The registered office is 67 MOULTON ROAD, HAMILTON, LEICESTER, LE5 1BS, ENGLAND.
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.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2022
1,000 
At 30 November 2023
1,000 
Depreciation
At 1 December 2022
292 
Charge for the year
146 
At 30 November 2023
438 
Net book value
At 30 November 2023
562 
At 30 November 2022
708 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
24,136 
9,416 
Loans from directors
35,260 
25,260 
Accruals
8,639 
- 
68,035 
34,676 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
50,000 
50,000 
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KINETIC BIOSCIENCES 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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