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Company Registration No. 12463024 (England and Wales)
Kreftor Ltd Unaudited accounts for the year ended 29 February 2024
Kreftor Ltd Unaudited accounts Contents
Page
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Kreftor Ltd Company Information for the year ended 29 February 2024
Directors
Jordan Earl-Davies Anthony Massey
Company Number
12463024 (England and Wales)
Registered Office
18 POLWITHEN ROAD PENRYN TR10 8QT ENGLAND
Accountants
Zoe Simmons Kernow House 17 Green Lane Penryn Cornwall TR10 8QQ
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Kreftor Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,632 
17,440 
Current assets
Debtors
41,269 
49,197 
Cash at bank and in hand
2,984 
54,530 
44,253 
103,727 
Creditors: amounts falling due within one year
(38,888)
(25,426)
Net current assets
5,365 
78,301 
Net assets
10,997 
95,741 
Capital and reserves
Profit and loss account
10,997 
95,741 
Shareholders' funds
10,997 
95,741 
For the year ending 29 February 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 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 of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by
Jordan Earl-Davies Director Company Registration No. 12463024
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Kreftor Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Kreftor Ltd is a private company, limited by shares, registered in England and Wales, registration number 12463024. The registered office is 18 POLWITHEN ROAD, PENRYN, TR10 8QT, 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.
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:
Plant & machinery
20% straight line
Motor vehicles
20% reducing balance
Computer equipment
50% straight line
Going concern
The directors have confirmed that they will continue to give financial support to the company until such time as its position improves. In addition the directors have confirmed that they will not recall their loans within 12 months. The directors consider that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support were withdrawn
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2023
27,250 
Disposals
(16,250)
At 29 February 2024
11,000 
Depreciation
At 1 March 2023
9,810 
Charge for the year
3,488 
On disposals
(7,930)
At 29 February 2024
5,368 
Net book value
At 29 February 2024
5,632 
At 28 February 2023
17,440 
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Kreftor Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
(20,640)
Trade debtors
41,269 
69,837 
41,269 
49,197 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,601 
- 
Trade creditors
36,738 
15,168 
Taxes and social security
5,551 
3,545 
Loans from directors
(10,002)
6,713 
38,888 
25,426 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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