Registered number
08483461
KAMZ BARBER LIMITED
Filleted Accounts
30 April 2024
KAMZ BARBER LIMITED
Registered number: 08483461
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 43,351 28,255
Creditors: amounts falling due within one year 3 (36,102) (37,891)
Net current assets/(liabilities) 7,249 (9,636)
Total assets less current liabilities 7,249 (9,636)
Creditors: amounts falling due after more than one year 4 (7,025) (8,933)
Net assets/(liabilities) 224 (18,569)
Capital and reserves
Called up share capital 1 1
Profit and loss account 223 (18,570)
Shareholders' funds 224 (18,569)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Kameel Vadhia
Director
Approved by the board on 13 January 2025
KAMZ BARBER LIMITED
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Going concern and Covid19 pandemic
The COVID-19 pandemic has developed rapidly in 2020, with a significant number of cases. Measures taken by various governments to contain the virus have affected economic activity and the company’s business in various material ways:
● Due to government measures taken, we had to close our store down for some parts of 2020.
● The reduction of general economic activity has also curtailed revenue due to reduced footfall.
To the extent appropriate we have applied for government assistance. The details of all the arrangements that might be available to us and the period throughout which they will remain available are continuing to evolve and remain subject to uncertainty. We are continuing to assess the implications for our business when these arrangements are no longer available. Depending on the duration of the COVID-19 crisis and continued negative impact on economic activity, the company will experience further negative results during 2021 and 2022. The exact impact on our activities cannot be predicted but the roll out of the UK vaccination program at the end of 2020 gives rise to optimise that business operations will return closer to normality during the last quarter of 2021. With the current government support, related business support, arrangements with suppliers and landlords we are confident that within these timeframes the company’s business activity currently remains viable.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other taxes and social security costs (1) 167
Other creditors 36,103 37,724
36,102 37,891
4 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 7,025 8,933
5 Other information
KAMZ BARBER LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
343a Queens Road
Maidstone
Kent
UK
ME16 0ES
KAMZ BARBER LIMITED 08483461 false 2023-05-01 2024-04-30 2024-04-30 VT Final Accounts July 2024 Mr Kameel Vadhia No description of principal activity 08483461 2022-05-01 2023-04-30 08483461 core:WithinOneYear 2023-04-30 08483461 core:AfterOneYear 2023-04-30 08483461 core:ShareCapital 2023-04-30 08483461 core:RetainedEarningsAccumulatedLosses 2023-04-30 08483461 2023-05-01 2024-04-30 08483461 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08483461 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08483461 bus:Director40 2023-05-01 2024-04-30 08483461 countries:England 2023-05-01 2024-04-30 08483461 bus:FRS102 2023-05-01 2024-04-30 08483461 bus:FilletedAccounts 2023-05-01 2024-04-30 08483461 2024-04-30 08483461 core:WithinOneYear 2024-04-30 08483461 core:AfterOneYear 2024-04-30 08483461 core:ShareCapital 2024-04-30 08483461 core:RetainedEarningsAccumulatedLosses 2024-04-30 08483461 2023-04-30 iso4217:GBP xbrli:pure