Company Registration No. 07118779 (England and Wales)
Klan G Limited
Unaudited accounts
for the year ended 31 January 2024
Klan G Limited
Unaudited accounts
Contents
Klan G Limited
Company Information
for the year ended 31 January 2024
Company Number
07118779 (England and Wales)
Registered Office
71 Hollybrook Way, Littleover
Derby
DE23 3TU
Accountants
Contrast Accounting Limited T/A Accrue Accounting
Unit E4 Arena Business Centre
Holyrood Close
Poole
BH17 7FP
Klan G Limited
Statement of financial position
as at 31 January 2024
Called up share capital not paid
(100)
-
Tangible assets
45,179
25,724
Cash at bank and in hand
5,425
2,216
Creditors: amounts falling due within one year
(56,730)
(24,652)
Net current liabilities
(41,086)
(12,444)
Total assets less current liabilities
3,993
13,280
Creditors: amounts falling due after more than one year
(13,264)
(13,264)
Net (liabilities)/assets
(9,271)
16
Called up share capital
100
100
Profit and loss account
(9,371)
(84)
Shareholders' funds
(9,271)
16
For the year ending 31 January 2024 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 18 September 2024 and were signed on its behalf by
Fisnik Gijnaj
Director
Company Registration No. 07118779
Klan G Limited
Notes to the Accounts
for the year ended 31 January 2024
Klan G Limited is a private company, limited by shares, registered in England and Wales, registration number 07118779. The registered office is 71 Hollybrook Way, Littleover, Derby, DE23 3TU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Over 5 years
Computer equipment
Over 5 years
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
55,150
4,069
59,219
At 31 January 2024
85,900
4,069
89,969
At 1 February 2023
31,600
1,895
33,495
Charge for the year
10,860
435
11,295
At 31 January 2024
42,460
2,330
44,790
At 31 January 2024
43,440
1,739
45,179
At 31 January 2023
23,550
2,174
25,724
Klan G Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
35,302
4,512
Taxes and social security
2,675
6,022
Loans from directors
7,498
7,286
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
13,264
13,264
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).