Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 12469141 Mr Nezam Uddin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12469141 2023-02-28 12469141 2024-02-28 12469141 2023-03-01 2024-02-28 12469141 frs-core:CurrentFinancialInstruments 2024-02-28 12469141 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 12469141 frs-bus:CompanyLimitedByGuarantee 2023-03-01 2024-02-28 12469141 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 12469141 frs-bus:SmallEntities 2023-03-01 2024-02-28 12469141 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 12469141 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 12469141 frs-bus:Director1 2023-03-01 2024-02-28 12469141 frs-countries:EnglandWales 2023-03-01 2024-02-28 12469141 2022-02-28 12469141 2023-02-28 12469141 2022-03-01 2023-02-28 12469141 frs-core:CurrentFinancialInstruments 2023-02-28 12469141 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 12469141
K&n Services Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 12469141
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 295 295
Cash at bank and in hand 1,729 1,729
2,024 2,024
Creditors: Amounts Falling Due Within One Year 5 (23,535 ) (23,535 )
NET CURRENT ASSETS (LIABILITIES) (21,511 ) (21,511 )
TOTAL ASSETS LESS CURRENT LIABILITIES (21,511 ) (21,511 )
NET LIABILITIES (21,511 ) (21,511 )
Income and Expenditure Account (21,511 ) (21,511 )
MEMBERS' FUNDS (21,511) (21,511)
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
Mr Nezam Uddin
Director
29/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
K&n Services Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 12469141 . The registered office is 4 Manor Road, Chadwell Heath, Romford, RM6 4LL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 100 100
Other taxes and social security 195 195
295 295
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Bank loans and overdrafts 19,102 19,102
Other loans 900 900
Accruals and deferred income 1,020 1,020
Director's loan account 2,512 2,512
23,535 23,535
6. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 2