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Company Registration No. 14535618 (England and Wales)
Kj Bears Co Ltd Unaudited accounts for the year ended 31 December 2024
Kj Bears Co Ltd Unaudited accounts Contents
Page
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Kj Bears Co Ltd Company Information for the year ended 31 December 2024
Directors
Ms Ka Wai Chan Mr Lap Yin NG
Company Number
14535618 (England and Wales)
Registered Office
Flat 310 Baronet House 9 Lakeside Drive London London NW10 7GR England
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Kj Bears Co Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
18,000 
24,000 
Tangible assets
67,518 
90,024 
85,518 
114,024 
Current assets
Inventories
9,570 
9,875 
Debtors
25,189 
19,730 
Cash at bank and in hand
3,418 
10,233 
38,177 
39,838 
Creditors: amounts falling due within one year
(238,950)
(220,325)
Net current liabilities
(200,773)
(180,487)
Net liabilities
(115,255)
(66,463)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(115,355)
(66,563)
Shareholders' funds
(115,255)
(66,463)
For the year ending 31 December 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 20 March 2025 and were signed on its behalf by
Ms Ka Wai Chan Director Company Registration No. 14535618
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Kj Bears Co Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Kj Bears Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 14535618. The registered office is Flat 310, Baronet House, 9 Lakeside Drive, London, London, NW10 7GR, 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
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
30,000 
At 31 December 2024
30,000 
Amortisation
At 1 January 2024
6,000 
Charge for the year
6,000 
At 31 December 2024
12,000 
Net book value
At 31 December 2024
18,000 
At 31 December 2023
24,000 
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Kj Bears Co Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
29,020 
83,510 
112,530 
At 31 December 2024
29,020 
83,510 
112,530 
Depreciation
At 1 January 2024
5,804 
16,702 
22,506 
Charge for the year
5,804 
16,702 
22,506 
At 31 December 2024
11,608 
33,404 
45,012 
Net book value
At 31 December 2024
17,412 
50,106 
67,518 
At 31 December 2023
23,216 
66,808 
90,024 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,887 
2,751 
Trade debtors
6,052 
729 
8,939 
3,480 
Amounts falling due after more than one year
Accrued income and prepayments
16,250 
16,250 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
18,686 
2,507 
Other creditors
784 
388 
Loans from directors
219,480 
217,430 
238,950 
220,325 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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