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Registered number: 12070123
KTN Consultants Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of KTN Consultants Ltd for the year ended 30 June 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of KTN Consultants Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of KTN Consultants Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of KTN Consultants Ltd and state those matters that we have agreed to state to the directors of KTN Consultants Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KTN Consultants Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that KTN Consultants Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of KTN Consultants Ltd . You consider that KTN Consultants Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of KTN Consultants Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
Anderson Ross Accounting & Tax Ltd
20 September 2024
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Page 1
Page 2
Balance Sheet
Registered number: 12070123
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,237 438
1,237 438
CURRENT ASSETS
Debtors 5 187,235 177,191
Cash at bank and in hand 298,966 293,890
486,201 471,081
Creditors: Amounts Falling Due Within One Year 6 (97,935 ) (67,212 )
NET CURRENT ASSETS (LIABILITIES) 388,266 403,869
TOTAL ASSETS LESS CURRENT LIABILITIES 389,503 404,307
Creditors: Amounts Falling Due After More Than One Year 7 (21,094 ) (30,888 )
NET ASSETS 368,409 373,419
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 368,209 373,219
SHAREHOLDERS' FUNDS 368,409 373,419
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For the year ending 30 June 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Konstantinos Tsitskaris
Director
20 September 2024
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
KTN Consultants Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12070123 . The registered office is G-05 Davenport House, 16 Pepper Street, London, , E14 9RP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25% Reducing Balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2023 849
Additions 1,038
As at 30 June 2024 1,887
Depreciation
As at 1 July 2023 411
Provided during the period 239
As at 30 June 2024 650
Net Book Value
As at 30 June 2024 1,237
As at 1 July 2023 438
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 7,235 7,191
Due after more than one year
Other debtors 180,000 170,000
187,235 177,191
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 64,730 47,551
Accruals and deferred income 1,440 1,440
Directors' loan accounts 31,765 18,221
97,935 67,212
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 21,094 30,888
The amount of £21,094 (2023: £30,888) shown in the long term creditors is a bounce back loan from the bank.
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 200,000 4,000
The shareholders of the company Dr Konstantinos Tsitskaris and Nathmya Nadia Safarini have each been paid £100,000 dividends.
10. Related Party Transactions
Included in debtors falling due after more than one year is an amount of £180,000 receivable from KTN Portfolio Ltd, a company with same director.
Included in creditors falling due within one year is an amount of £31,765 (2023: £18,221) payable to the directors. The loan is interest free.
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