K C Counts Ltd |
Notes to the Accounts |
for the year ended 31 July 2024 |
|
|
1 |
Accounting policies |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Trade debtors |
3,269 |
|
1,950 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Bank loans and overdrafts |
842 |
|
- |
|
Bounce Back Loan |
1,843 |
|
2,848 |
|
Bounce Back Loan - Martin |
(1,838) |
|
(2,843) |
|
Taxation and social security costs |
1,829 |
|
1,595 |
|
Other creditors |
45,847 |
|
40,343 |
|
|
|
|
|
|
48,523 |
|
41,943 |
|
|
|
|
|
|
|
|
|
|
5 |
Other information |
|
|
K C Counts Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Downsway |
|
Water Lane |
|
Ingham |
|
Norwich, Norfolk |
|
NR12 0XA |