REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST FEBRUARY 2024 TO 30TH SEPTEMBER 2024 |
FOR |
KANTAN CONSULTING LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST FEBRUARY 2024 TO 30TH SEPTEMBER 2024 |
FOR |
KANTAN CONSULTING LTD |
KANTAN CONSULTING LTD (REGISTERED NUMBER: 11155124) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST FEBRUARY 2024 TO 30TH SEPTEMBER 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
KANTAN CONSULTING LTD |
COMPANY INFORMATION |
FOR THE PERIOD 1ST FEBRUARY 2024 TO 30TH SEPTEMBER 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
36 - 40 Doncaster Road |
Barnsley |
South Yorkshire |
S70 1TL |
KANTAN CONSULTING LTD (REGISTERED NUMBER: 11155124) |
BALANCE SHEET |
30TH SEPTEMBER 2024 |
2024 | 2024 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks | 5 |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings | 10 |
SHAREHOLDERS' FUNDS |
KANTAN CONSULTING LTD (REGISTERED NUMBER: 11155124) |
BALANCE SHEET - continued |
30TH SEPTEMBER 2024 |
The directors acknowledge their 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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
KANTAN CONSULTING LTD (REGISTERED NUMBER: 11155124) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST FEBRUARY 2024 TO 30TH SEPTEMBER 2024 |
1. | STATUTORY INFORMATION |
Kantan Consulting Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Computer equipment | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit & Loss Account and Retained Earnings, 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. |
Deferred tax |
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 period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
KANTAN CONSULTING LTD (REGISTERED NUMBER: 11155124) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST FEBRUARY 2024 TO 30TH SEPTEMBER 2024 |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1st February 2024 |
Disposals | ( |
) |
At 30th September 2024 |
DEPRECIATION |
At 1st February 2024 |
Eliminated on disposal | ( |
) |
At 30th September 2024 |
NET BOOK VALUE |
At 30th September 2024 |
At 31st January 2024 |
5. | STOCKS |
2024 | 2024 |
£ | £ |
Work-in-progress |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2024 |
£ | £ |
Trade debtors |
Directors' current accounts | 4,349 | - |
VAT |
Prepayments & accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2024 |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes | ( |
) |
VAT | 379 | - |
Directors' current accounts | - | 318 |
Accrued expenses |
KANTAN CONSULTING LTD (REGISTERED NUMBER: 11155124) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST FEBRUARY 2024 TO 30TH SEPTEMBER 2024 |
8. | PROVISIONS FOR LIABILITIES |
2024 | 2024 |
£ | £ |
Deferred tax | - | 81 |
Deferred |
tax |
£ |
Balance at 1st February 2024 |
Provided during period | ( |
) |
Balance at 30th September 2024 |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2024 |
value: | £ | £ |
Ordinary A | £1 | 3 | 3 |
Ordinary B | £1 | 3 | 3 |
Ordinary C | £1 | 3 | 3 |
9 | 9 |
10. | RESERVES |
Retained |
earnings |
£ |
At 1st February 2024 |
Profit for the period |
Dividends | ( |
) |
At 30th September 2024 |
11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the period ended 30th September 2024 and the year ended 31st January 2024: |
2024 | 2024 |
£ | £ |
Balance outstanding at start of period | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period | ( |
) |
KANTAN CONSULTING LTD (REGISTERED NUMBER: 11155124) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST FEBRUARY 2024 TO 30TH SEPTEMBER 2024 |
12. | ULTIMATE CONTROLLING PARTY |
The directors control the company, by virtue of holding the majority of the share capital. |