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Company Registration No. 9382252 (England and Wales)
K&F1991 Ltd Unaudited accounts for the year ended 31 January 2024
K&F1991 Ltd Unaudited accounts Contents
Page
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K&F1991 Ltd Company Information for the year ended 31 January 2024
Director
Andrea Velletrani
Company Number
9382252 (England and Wales)
Registered Office
2ND FLOOR 22 EASTCHEAP LONDON EC3M 1EU ENGLAND
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K&F1991 Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
766 
1,474 
Current assets
Debtors
30,366 
223,693 
Cash at bank and in hand
26,123 
16,329 
56,489 
240,022 
Creditors: amounts falling due within one year
(24,262)
(154,877)
Net current assets
32,227 
85,145 
Total assets less current liabilities
32,993 
86,619 
Provisions for liabilities
Other provisions
(28,580)
(54,592)
Net assets
4,413 
32,027 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
3,413 
31,027 
Shareholders' funds
4,413 
32,027 
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 22 October 2024 and were signed on its behalf by
Andrea Velletrani Director Company Registration No. 9382252
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K&F1991 Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
K&F1991 Ltd is a private company, limited by shares, registered in England and Wales, registration number 9382252. The registered office is 2ND FLOOR, 22 EASTCHEAP, LONDON, EC3M 1EU, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling. The Company's functional currency is £ sterling.
Turnover
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:
Computer equipment
25% SLM
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Going concern
At the time of approval of these financial statements, the Directors have a reasonable expectation that the Company has adequate resources to continue to adopt the going concern basis of accounting for the next twelve months.
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K&F1991 Ltd Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
19,793 
15,783 
35,576 
Disposals
(19,793)
- 
(19,793)
At 31 January 2024
- 
15,783 
15,783 
Depreciation
At 1 February 2023
19,793 
14,309 
34,102 
Charge for the year
- 
708 
708 
On disposals
(19,793)
- 
(19,793)
At 31 January 2024
- 
15,017 
15,017 
Net book value
At 31 January 2024
- 
766 
766 
At 31 January 2023
- 
1,474 
1,474 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,786 
1,476 
Trade debtors
28,580 
205,181 
Accrued income and prepayments
- 
17,036 
30,366 
223,693 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
23,670 
154,285 
Accruals
592 
592 
24,262 
154,877 
7
Provisions for liabilities
£ 
At 1 February 2023
54,592 
Provisions used
(26,012)
At 31 January 2024
28,580 
A provision for bad debt of £28,580 has been made, in relation to Debtor's invoices judged as unrecoverable at the FS date and to be written off.
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
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K&F1991 Ltd Notes to the Accounts for the year ended 31 January 2024
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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