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Company Registration No. 13388035 (England and Wales)
KUUNDA LTD Unaudited accounts for the year ended 31 May 2024
KUUNDA LTD Unaudited accounts Contents
Page
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KUUNDA LTD Company Information for the year ended 31 May 2024
Director
Michael Houghton
Company Number
13388035 (England and Wales)
Registered Office
14 HEPDON MEWS LONDON SW17 0GP ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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KUUNDA LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,012 
Current assets
Cash at bank and in hand
42 
256 
Creditors: amounts falling due within one year
(1,717)
(1,773)
Net current liabilities
(1,675)
(1,517)
Net liabilities
(1,675)
(505)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,775)
(605)
Shareholders' funds
(1,675)
(505)
For the year ending 31 May 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.
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 10 January 2025 and were signed on its behalf by
Michael Houghton Director Company Registration No. 13388035
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KUUNDA LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
KUUNDA LTD is a private company, limited by shares, registered in England and Wales, registration number 13388035. The registered office is 14 HEPDON MEWS, LONDON, SW17 0GP, ENGLAND. The company is in the process of being wound up.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
1,350 
Disposals
(1,350)
At 31 May 2024
- 
Depreciation
At 1 June 2023
338 
Charge for the year
253 
On disposals
(591)
At 31 May 2024
- 
Net book value
At 31 May 2024
- 
At 31 May 2023
1,012 
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KUUNDA LTD Notes to the Accounts for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
1,326 
1,510 
Accruals
391 
263 
1,717 
1,773 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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