1 August 2023 false No description of principal activity Taxfiler 2024.6 10282502business:PrivateLimitedCompanyLtd2023-08-012024-07-31 102825022023-07-31 102825022023-08-012024-07-31 10282502business:AuditExemptWithAccountantsReport2023-08-012024-07-31 10282502business:FilletedAccounts2023-08-012024-07-31 102825022024-07-31 10282502business:Director12023-08-012024-07-31 10282502business:Director22023-08-012024-07-31 10282502business:RegisteredOffice2023-08-012024-07-31 102825022023-07-31 10282502core:WithinOneYear2024-07-31 10282502core:WithinOneYear2023-07-31 10282502core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 10282502core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 10282502core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 10282502core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 10282502core:PreviouslyStatedAmount2024-07-31 10282502core:PreviouslyStatedAmount2023-07-31 10282502business:SmallEntities2023-08-012024-07-31 10282502countries:EnglandWales2023-08-012024-07-31 10282502core:PlantMachinery2023-08-012024-07-31 10282502core:ComputerEquipment2023-08-012024-07-31 10282502core:PlantMachinery2023-07-31 10282502core:ComputerEquipment2023-07-31 10282502core:PlantMachinery2024-07-31 10282502core:ComputerEquipment2024-07-31 102825022022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 10282502 (England and Wales)
K & G Solutions Ltd Unaudited accounts for the year ended 31 July 2024
K & G Solutions Ltd Unaudited accounts Contents
Page
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K & G Solutions Ltd Company Information for the year ended 31 July 2024
Directors
Kevin Sullivan Deborah Sullivan
Company Number
10282502 (England and Wales)
Registered Office
4 Cadogan House Richmond Drive, Woodford Green England IG8 8RQ UK
Accountants
TOA LTD t/a The Online Accountancy 124 City Road London EC1V 2NX
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K & G Solutions Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,933 
2,380 
Current assets
Inventories
- 
2,100 
Debtors
54,046 
159,449 
Cash at bank and in hand
297,453 
264,547 
351,499 
426,096 
Creditors: amounts falling due within one year
(56,752)
(106,474)
Net current assets
294,747 
319,622 
Net assets
297,680 
322,002 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
297,580 
321,902 
Shareholders' funds
297,680 
322,002 
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 14 March 2025 and were signed on its behalf by
Kevin Sullivan Director Company Registration No. 10282502
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K & G Solutions Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
K & G Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 10282502. The registered office is 4 Cadogan House, Richmond Drive,, Woodford Green, England, IG8 8RQ , UK.
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 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:
Plant & machinery
Depreciated using straight-line method over 4 years
Computer equipment
Depreciated using straight-line method over 4 years
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
13,424 
4,205 
17,629 
Additions
841 
512 
1,353 
Disposals
(11,260)
(1,830)
(13,090)
At 31 July 2024
3,005 
2,887 
5,892 
Depreciation
At 1 August 2023
12,423 
2,826 
15,249 
Charge for the year
576 
626 
1,202 
Surplus on revaluation
- 
(402)
(402)
On disposals
(11,260)
(1,830)
(13,090)
At 31 July 2024
1,739 
1,220 
2,959 
Net book value
At 31 July 2024
1,266 
1,667 
2,933 
At 31 July 2023
1,001 
1,379 
2,380 
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K & G Solutions Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
54,046 
130,740 
Other debtors
- 
28,709 
54,046 
159,449 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,073 
25,544 
Trade creditors
39,157 
21,110 
Taxes and social security
9,524 
51,200 
Other creditors
(2)
7,933 
Loans from directors
- 
687 
56,752 
106,474 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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