KNEAD TO KNOW CONSULTANCY LTD

Company Registration Number:
12743210 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

KNEAD TO KNOW CONSULTANCY LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

KNEAD TO KNOW CONSULTANCY LTD

Company Information

for the Period Ended 31 July 2024




Director: Mark Longhurst
Tracy Longhurst
Registered office: 49
St. Margarets Avenue
Cheam
Sutton
England
SM3 9TU
Company Registration Number: 12743210 (England and Wales)

KNEAD TO KNOW CONSULTANCY LTD

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal Activities

Bakery and Food Services Consultancy

Political and charitable donations

N/A

Company policy on the employment of disabled persons

N/A

Additional information

N/A

Directors

The directors shown below have held office during the whole of the period from 01 August 2023 to 31 July 2024
Mark Longhurst
Tracy Longhurst

This report was approved by the board of directors on 10 September 2024
And Signed On Behalf Of The Board By:

Name: Mark Longhurst
Status: Director

KNEAD TO KNOW CONSULTANCY LTD

Profit and Loss Account

for the Period Ended 31 July 2024


Notes

2024
£

2023
£
Turnover 1,492 -
Cost of sales ( 1,000 ) -
Gross Profit or (Loss) 492 -
Income from coronavirus (COVID-19) business support grants 0 -
Distribution Costs ( 0 ) -
Administrative Expenses ( 1,422 ) -
Operating Profit or (Loss) ( 930 ) -
Profit or (Loss) Before Tax ( 930 ) -
Profit or (Loss) for Period ( 930 ) -

The notes form part of these financial statements

KNEAD TO KNOW CONSULTANCY LTD

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 100 100
Total fixed assets: 100 100
Current assets
Cash at bank and in hand: 80 80
Total current assets: 80 80
Net current assets (liabilities): 80 80
Total assets less current liabilities: 180 180
Total net assets (liabilities): 180 180

The notes form part of these financial statements

KNEAD TO KNOW CONSULTANCY LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 5 5
Revaluation reserve: 5 100 100
Profit and loss account: 75 75
Shareholders funds: 180 180

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 10 September 2024
And Signed On Behalf Of The Board By:

Name: Mark Longhurst
Status: Director

The notes form part of these financial statements

KNEAD TO KNOW CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover based on income for consultations and fully accounted for using Xero accounting

    Other accounting policies

    All accounts through Xero

KNEAD TO KNOW CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

    No employees as such, consultancy completed by Director Mark Longhurst and admin and diary managed by Director Tracy Longhurst

KNEAD TO KNOW CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

KNEAD TO KNOW CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 August 2023 110 110
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 110 110
Depreciation
At 01 August 2023 10 10
Charge for year - -
On disposals - -
Other adjustments - -
At 31 July 2024 10 10
Net book value
At 31 July 2024 100 100
At 31 July 2023 100 100

Shared use lap top and phone, no real intrinsic value so entered a nominal £100

KNEAD TO KNOW CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Revaluation reserve


2024
£
Balance at 01 August 2023 100
Surplus or deficit after revaluation 0
Balance at 31 July 2024 100

I got a bit confused here but basically I was asked to match the figures up. I currently use a phone and lap top owned personally but used for the business so I entered a nominal sum in the tangible assets as it would let me complete without it.