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REGISTERED NUMBER: 08358594 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

K4 SOLUTIONS LTD

K4 SOLUTIONS LTD (Registered number: 08358594)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


K4 SOLUTIONS LTD

Company Information
for the Year Ended 31 December 2023







DIRECTOR: D Kendall





SECRETARY: C Kendall





REGISTERED OFFICE: 10 Waresley Road
Gamlingay
Sandy
Bedfordshire
SG19 3EJ





REGISTERED NUMBER: 08358594 (England and Wales)





ACCOUNTANTS: Carrington-May
Chartered Certified Accountants
31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW

K4 SOLUTIONS LTD (Registered number: 08358594)

Abridged Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 147

CURRENT ASSETS
Debtors 3,239 2,791
Cash at bank 14,382 4,673
17,621 7,464
CREDITORS
Amounts falling due within one year 17,258 7,344
NET CURRENT ASSETS 363 120
TOTAL ASSETS LESS CURRENT
LIABILITIES

363

267

PROVISIONS FOR LIABILITIES - 28
NET ASSETS 363 239

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 263 139
SHAREHOLDERS' FUNDS 363 239

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

K4 SOLUTIONS LTD (Registered number: 08358594)

Abridged Statement of Financial Position - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2024 and were signed by:





D Kendall - Director


K4 SOLUTIONS LTD (Registered number: 08358594)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

K4 SOLUTIONS LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The director has considered the future cash flow and profitability of the company which is continuing to remain positive. On this basis the director considers that the going concern basis of preparation to be appropriate.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

K4 SOLUTIONS LTD (Registered number: 08358594)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 1,120 1,656 2,776
DEPRECIATION
At 1 January 2023 1,120 1,509 2,629
Charge for year - 147 147
At 31 December 2023 1,120 1,656 2,776
NET BOOK VALUE
At 31 December 2023 - - -
At 31 December 2022 - 147 147

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the sum of £9,322 (2022 - £2,514) is owed to the director. £9,322 was the maximum amount outstanding during the period. Interest has not been paid or accrued on the sum outstanding.