Company Registration No. 09599522 (England and Wales)
KD7 Limited
Unaudited accounts
for the year ended 31 May 2024
KD7 Limited
Unaudited accounts
Contents
KD7 Limited
Company Information
for the year ended 31 May 2024
Directors
Ravinder Kalsi
Asa Singh Dhaliwal
Company Number
09599522 (England and Wales)
Registered Office
92 Lodgefield Road
Halesowen
B62 8BA
England
KD7 Limited
Statement of financial position
as at 31 May 2024
Investment property
220,931
220,931
Cash at bank and in hand
3,041
5,392
Creditors: amounts falling due within one year
(52,921)
(51,457)
Net current liabilities
(49,880)
(46,065)
Total assets less current liabilities
171,051
174,866
Creditors: amounts falling due after more than one year
(161,854)
(170,012)
Called up share capital
2
2
Profit and loss account
9,195
4,852
Shareholders' funds
9,197
4,854
For the year ending 31 May 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 11 February 2025 and were signed on its behalf by
Ravinder Kalsi
Director
Company Registration No. 09599522
KD7 Limited
Notes to the Accounts
for the year ended 31 May 2024
KD7 Limited is a private company, limited by shares, registered in England and Wales, registration number 09599522. The registered office is 92 Lodgefield Road, Halesowen, B62 8BA, 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.
Fair value at 1 June 2023
220,931
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
20,071
31,230
Taxes and social security
1,019
641
Loans from directors
31,618
19,373
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
161,854
170,012
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
KD7 Limited
Notes to the Accounts
for the year ended 31 May 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan to the company
(9,686)
(6,122)
-
(15,808)
Director's Loan to the company
(9,687)
(6,122)
-
(15,809)
(19,373)
(12,244)
-
(31,617)
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).