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Company Registration No. 12922151 (England and Wales)
K2 Data Limited Unaudited accounts for the year ended 31 October 2024
K2 Data Limited Unaudited accounts Contents
Page
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K2 Data Limited Company Information for the year ended 31 October 2024
Directors
Adam Koczan Mark Konyi-kiss Eszter Konyi-kiss
Company Number
12922151 (England and Wales)
Registered Office
2 Knowland Mews Thornton Heath CR7 8FQ England
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K2 Data Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,066 
5,575 
Current assets
Inventories
- 
3,241 
Debtors
32,456 
90,528 
Cash at bank and in hand
426,104 
98,899 
458,560 
192,668 
Creditors: amounts falling due within one year
(116,865)
(87,290)
Net current assets
341,695 
105,378 
Total assets less current liabilities
344,761 
110,953 
Provisions for liabilities
Other provisions
- 
(1,059)
Net assets
344,761 
109,894 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
344,661 
109,794 
Shareholders' funds
344,761 
109,894 
For the year ending 31 October 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 4 February 2025 and were signed on its behalf by
Mark Konyi-kiss Director Company Registration No. 12922151
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K2 Data Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
K2 Data Limited is a private company, limited by shares, registered in England and Wales, registration number 12922151. The registered office is 2 Knowland Mews, Thornton Heath, CR7 8FQ, 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.
3
Accounting policies
These financial statements for the year ended 31 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Computer equipment
20% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2023
10,273 
At 31 October 2024
10,273 
Depreciation
At 1 November 2023
4,698 
Charge for the year
2,509 
At 31 October 2024
7,207 
Net book value
At 31 October 2024
3,066 
At 31 October 2023
5,575 
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K2 Data Limited Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,726 
88,900 
Accrued income and prepayments
- 
1,628 
Other debtors
15,730 
- 
32,456 
90,528 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
14,163 
16,680 
Trade creditors
- 
1,555 
Taxes and social security
101,766 
64,648 
Loans from directors
936 
4,407 
116,865 
87,290 
7
Loans to directors
During the year, the director received advances and credits as follows: Adam Koczan Opening Balance : -£3,529.65 Further Advances : £19,256.57 Repayments : £0:00 Closing balance £15,726.92 Terms: The amounts advanced are unsecured, repayable on demand and bear an interest of 2.25%
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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