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REGISTERED NUMBER: 03820868 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

K.K.T.K. LIMITED

K.K.T.K. LIMITED (REGISTERED NUMBER: 03820868)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K.K.T.K. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: Mr K Kimura





REGISTERED OFFICE: S2 Mill House Centre
108 Commercial Road
Totton
Southampton
Hampshire
SO40 3AE





REGISTERED NUMBER: 03820868 (England and Wales)





ACCOUNTANTS: TBW Accountancy Limited
S2 Mill House Centre
108 Commercial Road
Totton
Southampton
Hampshire
SO40 3AE

K.K.T.K. LIMITED (REGISTERED NUMBER: 03820868)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 29,137 24,063
Investments 6 - 50,000
29,137 74,063

CURRENT ASSETS
Stocks 7 12,867 15,488
Debtors 8 888,328 892,236
Cash at bank and in hand 144,845 264,398
1,046,040 1,172,122
CREDITORS
Amounts falling due within one year 9 305,278 351,493
NET CURRENT ASSETS 740,762 820,629
TOTAL ASSETS LESS CURRENT
LIABILITIES

769,899

894,692

PROVISIONS FOR LIABILITIES 7,144 5,845
NET ASSETS 762,755 888,847

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 762,753 888,845
SHAREHOLDERS' FUNDS 762,755 888,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

K.K.T.K. LIMITED (REGISTERED NUMBER: 03820868)

BALANCE SHEET - continued
31 AUGUST 2024


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

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 11 November 2024 and were signed by:





Mr K Kimura - Director


K.K.T.K. LIMITED (REGISTERED NUMBER: 03820868)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

K.K.T.K. Limited 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 25% on cost and Length of lease
Fixtures and fittings - 20% on reducing balance
Website - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

K.K.T.K. LIMITED (REGISTERED NUMBER: 03820868)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2023 - 27 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 26,000
AMORTISATION
At 1 September 2023
and 31 August 2024 26,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Website Totals
£    £    £    £   
COST
At 1 September 2023 34,522 175,003 1,900 211,425
Additions - 12,643 - 12,643
At 31 August 2024 34,522 187,646 1,900 224,068
DEPRECIATION
At 1 September 2023 34,522 151,700 1,140 187,362
Charge for year - 7,189 380 7,569
At 31 August 2024 34,522 158,889 1,520 194,931
NET BOOK VALUE
At 31 August 2024 - 28,757 380 29,137
At 31 August 2023 - 23,303 760 24,063

K.K.T.K. LIMITED (REGISTERED NUMBER: 03820868)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 September 2023 50,000
Disposals (50,000 )
At 31 August 2024 -
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 50,000

7. STOCKS
2024 2023
£    £   
Stocks 12,867 15,488

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,863 2,620
Amounts owed by group undertakings - 90,922
Amounts owed by associates 731,603 648,181
Other debtors 122,300 129,300
Prepayments and accrued income 30,562 21,213
888,328 892,236

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 38,197 51,533
Tax 112,832 113,463
Social security and other taxes 20,313 20,263
VAT 106,817 119,781
Other creditors 10,000 10,000
Directors' current accounts 800 220
Accrued expenses 16,319 36,233
305,278 351,493

K.K.T.K. LIMITED (REGISTERED NUMBER: 03820868)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
Mr K Kimura
Balance outstanding at start of year (220 ) (2,548 )
Amounts advanced 408,575 2,328
Amounts repaid (409,155 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (800 ) (220 )

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr K Kimura.