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REGISTERED NUMBER: 11287003 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

N KAY FINANCIAL MANAGEMENT LIMITED

N KAY FINANCIAL MANAGEMENT LIMITED (REGISTERED NUMBER: 11287003)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N KAY FINANCIAL MANAGEMENT LIMITED

COMPANY INFORMATION
for the Year Ended 30 APRIL 2024







DIRECTORS: Mr N E Kay
Ms M I Munoz - Devesa





REGISTERED OFFICE: 61 Queen Square
Bristol
BS1 4JZ





REGISTERED NUMBER: 11287003 (England and Wales)





ACCOUNTANTS: Burnside
Chartered Accountants
and Statutory Auditor
61 Queen Square
Bristol
BS1 4JZ

N KAY FINANCIAL MANAGEMENT LIMITED (REGISTERED NUMBER: 11287003)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 7,741 214,332
Cash at bank 229,186 21,566
236,927 235,898
CREDITORS
Amounts falling due within one year 6 2,727 2,179
NET CURRENT ASSETS 234,200 233,719
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,200

233,719

CAPITAL AND RESERVES
Called up share capital 25,000 25,000
Retained earnings 209,200 208,719
234,200 233,719

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

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.

N KAY FINANCIAL MANAGEMENT LIMITED (REGISTERED NUMBER: 11287003)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by:





Mr N E Kay - Director


N KAY FINANCIAL MANAGEMENT LIMITED (REGISTERED NUMBER: 11287003)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2024

1. STATUTORY INFORMATION

N Kay Financial Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income 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 year 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 year was NIL (2023 - NIL).

N KAY FINANCIAL MANAGEMENT LIMITED (REGISTERED NUMBER: 11287003)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2023
and 30 April 2024 1,796
DEPRECIATION
At 1 May 2023
and 30 April 2024 1,796
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 7,741 214,332

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 723 -
Other creditors 2,004 2,179
2,727 2,179

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
Mr N E Kay
Balance outstanding at start of year 214,332 (1,054 )
Amounts advanced 7,741 218,933
Amounts repaid (214,332 ) (3,547 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,741 214,332

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr N E Kay who owns 90% of the issued share capital.