Company Registration No. 15252237 (England and Wales)
Kleine Noord Ltd
Unaudited accounts
for the period from 1 November 2023 to 30 November 2024
Kleine Noord Ltd
Unaudited accounts
Contents
Kleine Noord Ltd
Company Information
for the period from 1 November 2023 to 30 November 2024
Directors
Andrew Leslie Nicoll
Claire Susan Nicoll
Company Number
15252237 (England and Wales)
Registered Office
17a Blenheim Avenue
Nottingham
NG3 6GD
England
Accountants
Embrace Accountants Ltd
37 St. Leonards Drive
Nottingham
NG8 2BB
Kleine Noord Ltd
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
166,190
Creditors: amounts falling due within one year
(233,155)
Net current liabilities
(2,165)
Called up share capital
100
Profit and loss account
(2,265)
Shareholders' funds
(2,165)
For the period ending 30 November 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 March 2025 and were signed on its behalf by
Andrew Leslie Nicoll
Director
Company Registration No. 15252237
Kleine Noord Ltd
Notes to the Accounts
for the period from 1 November 2023 to 30 November 2024
Kleine Noord Ltd is a private company, limited by shares, registered in England and Wales, registration number 15252237. The registered office is 17a Blenheim Avenue, Nottingham, NG3 6GD, 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 period, 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.
Turnover represents gross value of services and is recognised on an accrual basis.
Income received from investment property is recognised over the period of occupation.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements due to the significant level of net assets and cash reserves available. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Kleine Noord Ltd
Notes to the Accounts
for the period from 1 November 2023 to 30 November 2024
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
Taxes and social security
912
Loans from directors
231,343
6
Transactions with related parties
Included within creditors falling due within one year is a loan of £231,343 which is a loan made to meet ongoing costs. The loan has been made equally by the two directors and is unsecured, interest free and repayable on demand.
No remuneration was paid to the directors during the current period.
The directors control the Company by virtue of their shareholding and there is no one ultimate controlling party.
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Average number of employees
During the period the average number of employees was 2.