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Company Registration No. 09681122 (England and Wales)
K. WILLIAMS LIMITED Final accounts for the year ended 31 July 2024
K. WILLIAMS LIMITED Final accounts Contents
Page
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K. WILLIAMS LIMITED Company Information for the year ended 31 July 2024
Directors
ADEBOLA KAYODE OLUWAFUNMILAYO TEMITOPE ONAOLAPO
Company Number
09681122 (England and Wales)
Registered Office
22 Merino Way Bridgwater England TA6 6WH
Accountants
DKA Accounting Ltd. East Wing, Castle House Dawson Road Milton Keynes Buckinghamshire MK1 1QT
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K. WILLIAMS LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,738 
5,266 
Current assets
Cash at bank and in hand
5 
20 
Creditors: amounts falling due within one year
94,522 
101,059 
Net current assets
94,527 
101,079 
Total assets less current liabilities
96,265 
106,345 
Creditors: amounts falling due after more than one year
(41,839)
(41,839)
Net assets
54,426 
64,506 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
54,425 
64,505 
Shareholders' funds
54,426 
64,506 
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 5 December 2024 and were signed on its behalf by
ADEBOLA KAYODE Director Company Registration No. 09681122
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K. WILLIAMS LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
K. WILLIAMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09681122. The registered office is 22 Merino Way, Bridgwater, England, TA6 6WH.
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.
Presentation currency
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:
Plant & machinery
25% Straight Line Method
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2023
30,844 
At 31 July 2024
30,844 
Depreciation
At 1 August 2023
25,578 
Charge for the year
3,528 
At 31 July 2024
29,106 
Net book value
At 31 July 2024
1,738 
At 31 July 2023
5,266 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,327 
6,037 
Loans from directors
(97,569)
(107,096)
Accruals
720 
- 
(94,522)
(101,059)
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K. WILLIAMS LIMITED Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
41,839 
41,839 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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