KTZ GOLDBORNE LIMITED

Company Registration Number:
06729852 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 31 December 2022

End date: 31 December 2023

KTZ GOLDBORNE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

KTZ GOLDBORNE LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Marjan Djodjov Pejoski
Registered office: 86
Golborne Road
London
England
W10 5PS
Company Registration Number: 06729852 (England and Wales)

KTZ GOLDBORNE LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Other retail sale of new goods in specialised stores (not commercial art galleries and opticians) Retail sale of antiques including antique books in stores

Directors

The directors shown below have held office during the whole of the period from 31 December 2022 to 31 December 2023
Marjan Djodjov Pejoski

This report was approved by the board of directors on 30 October 2024
And Signed On Behalf Of The Board By:

Name: Marjan Djodjov Pejoski
Status: Director

KTZ GOLDBORNE LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 369,191 303,258
Cost of sales ( 154,650 ) ( 101,546 )
Gross Profit or (Loss) 214,541 201,712
Distribution Costs ( 8,743 ) ( 6,025 )
Administrative Expenses ( 147,646 ) ( 131,775 )
Operating Profit or (Loss) 58,152 63,912
Interest Payable and Similar Charges ( 995 ) ( 1,094 )
Profit or (Loss) Before Tax 57,157 62,818
Tax on Profit ( 10,860 ) ( 11,935 )
Profit or (Loss) for Period 46,297 50,883

The notes form part of these financial statements

KTZ GOLDBORNE LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 13,337 5,597
Total fixed assets: 13,337 5,597
Current assets
Stocks: 35,760 39,880
Debtors: 5 35,600 39,600
Cash at bank and in hand: 7,574 26,514
Total current assets: 78,934 105,994
Creditors: amounts falling due within one year: 6 ( 39,665 ) ( 49,665 )
Net current assets (liabilities): 39,269 56,329
Total assets less current liabilities: 52,606 61,926
Creditors: amounts falling due after more than one year: 7 ( 45,099 ) ( 55,099 )
Total net assets (liabilities): 7,507 6,827

The notes form part of these financial statements

KTZ GOLDBORNE LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 7,407 6,727
Shareholders funds: 7,507 6,827

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 30 October 2024
And Signed On Behalf Of The Board By:

Name: Marjan Djodjov Pejoski
Status: Director

The notes form part of these financial statements

KTZ GOLDBORNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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 from the sale of goods is recognised when the significant risks
    and rewards of ownership of the goods have transferred to the buyer. 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 depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative
    impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land,
    at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its
    expected useful life, as follows:

    Equipment, Fixtures & fittings: 25% Reducing balance

    Motor Vehicles: 25% Reducing balance

KTZ GOLDBORNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 4 4

KTZ GOLDBORNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

KTZ GOLDBORNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Office equipment Motor vehicles Total
Cost £ £ £
At 31 December 2022 28,616 - 28,616
Additions - 12,185 12,185
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 December 2023 28,616 12,185 40,801
Depreciation
At 31 December 2022 23,019 - 23,019
Charge for year 1,399 3,046 4,445
On disposals - - -
Other adjustments - - -
At 31 December 2023 24,418 3,046 27,464
Net book value
At 31 December 2023 4,198 9,139 13,337
At 30 December 2022 5,597 - 5,597

KTZ GOLDBORNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors


2023
£

2022
£
Other debtors 35,600 39,600
Total 35,600 39,600

KTZ GOLDBORNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 10,000 10,000
Taxation and social security 29,665 39,665
Total 39,665 49,665

KTZ GOLDBORNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 45,099 55,099
Total 45,099 55,099