Company Registration No. 07780639 (England and Wales)
Kn Management Limited
Unaudited accounts
for the year ended 30 September 2024
Kn Management Limited
Unaudited accounts
Contents
Kn Management Limited
Company Information
for the year ended 30 September 2024
Company Number
07780639 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
England
Accountants
CASA Accountancy & Bookkeeping Ltd
17 Lipizzaner Fields
Whiteley
Fareham
Hampshire
PO15 7BH
Kn Management Limited
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
1,601
20,658
Creditors: amounts falling due within one year
(102,297)
(115,818)
Net current (liabilities)/assets
(100,696)
176,837
Total assets less current liabilities
(99,776)
182,179
Creditors: amounts falling due after more than one year
155,141
(23,559)
Provisions for liabilities
Other provisions
-
(1,336)
Called up share capital
101
101
Profit and loss account
55,264
157,183
Shareholders' funds
55,365
157,284
For the year ending 30 September 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 her 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 29 January 2025 and were signed on its behalf by
Nicola Adams
Director
Company Registration No. 07780639
Kn Management Limited
Notes to the Accounts
for the year ended 30 September 2024
Kn Management Limited is a private company, limited by shares, registered in England and Wales, registration number 07780639. The registered office is 124 City Road, London, EC1V 2NX, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% Reducing Line
Computer equipment
25% Straight Line
Other tangible fixed assets
25% Reducing Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 September 2024
2,050
At 30 September 2024
2,050
Kn Management Limited
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
20,021
2,706
22,727
At 30 September 2024
20,021
2,706
22,727
At 1 October 2023
17,385
-
17,385
Charge for the year
2,636
893
3,529
Surplus on revaluation
-
893
893
At 30 September 2024
20,021
1,786
21,807
At 30 September 2024
-
920
920
At 30 September 2023
2,636
2,706
5,342
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
4,712
Taxes and social security
96,468
108,141
8
Creditors: amounts falling due after more than one year
2024
2023
Deferred income
(173,220)
-
Allotted, called up and fully paid:
101 Ordinary shares of £1 each
101
101
Kn Management Limited
Notes to the Accounts
for the year ended 30 September 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
245,765
100,677
173,221
173,221
245,765
100,677
173,221
173,221
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Average number of employees
During the year the average number of employees was 2 (2023: 2).