Company Registration No. 10560991 (England and Wales)
KKAD Ltd
Unaudited accounts
for the year ended 31 January 2024
KKAD Ltd
Unaudited accounts
Contents
KKAD Ltd
Company Information
for the year ended 31 January 2024
Director
Konstantinos Korakakis
Company Number
10560991 (England and Wales)
Registered Office
4 Hiltons Lane
Wiggenhall St Germans
King's Lynn
Norfolk
PE34 3EZ
Accountants
M C Mallett Accountants Ltd
4 Hiltons Lane
Wiggenhall St Germans
King's Lynn
Norfolk
PE34 3EZ
KKAD Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
2,820
1,872
Cash at bank and in hand
2,258
14,385
Creditors: amounts falling due within one year
(72,953)
(55,897)
Net current (liabilities)/assets
(1,107)
257
Total assets less current liabilities
1,713
2,129
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
1,113
1,679
Shareholders' funds
1,213
1,779
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 31 October 2024 and were signed on its behalf by
Konstantinos Korakakis
Director
Company Registration No. 10560991
KKAD Ltd
Notes to the Accounts
for the year ended 31 January 2024
KKAD Ltd is a private company, limited by shares, registered in England and Wales, registration number 10560991. The registered office is 4 Hiltons Lane, Wiggenhall St Germans, King's Lynn, Norfolk, PE34 3EZ.
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.
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.
The accounts have been prepared under the historical cost convention.
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% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Total
KKAD Ltd
Notes to the Accounts
for the year ended 31 January 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
8,512
13,308
-
21,820
Interest is being charged on the loan at the official rate
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Average number of employees
During the year the average number of employees was 1 (2023: 1).