KCL & HL LTD

Company Registration Number:
13816243 (England and Wales)

Unaudited statutory accounts for the year ended 30 December 2024

Period of accounts

Start date: 1 January 2024

End date: 30 December 2024

KCL & HL LTD

Contents of the Financial Statements

for the Period Ended 30 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

KCL & HL LTD

Directors' report period ended 30 December 2024

The directors present their report with the financial statements of the company for the period ended 30 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 30 December 2024

King Lee
Hayley Law


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
21 April 2025

And signed on behalf of the board by:
Name: King Lee
Status: Director

KCL & HL LTD

Profit And Loss Account

for the Period Ended 30 December 2024

2024 2023


£

£
Turnover: 26,018 18,673
Cost of sales: 0
Gross profit(or loss): 26,018 18,673
Distribution costs: 0 0
Administrative expenses: 0 ( 10,504 )
Other operating income: 0 0
Operating profit(or loss): 26,018 8,169
Interest payable and similar charges: ( 15,443 ) ( 8,583 )
Profit(or loss) before tax: 10,575 (414)
Tax: ( 2,009 ) 0
Profit(or loss) for the financial year: 8,566 (414)

KCL & HL LTD

Balance sheet

As at 30 December 2024

Notes 2024 2023


£

£
Called up share capital not paid: 1,000 0
Fixed assets
Tangible assets: 3 544,703 544,703
Total fixed assets: 544,703 544,703
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 503 2,731
Investments:   0
Total current assets: 503 2,731
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 143,088 ) ( 153,314 )
Net current assets (liabilities): (142,585) (150,583)
Total assets less current liabilities: 403,118 394,120
Creditors: amounts falling due after more than one year: 5 ( 394,109 ) ( 394,109 )
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 9,009 11
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 8,009 (989 )
Total Shareholders' funds: 9,009 11

The notes form part of these financial statements

KCL & HL LTD

Balance sheet statements

For the year ending 30 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 21 April 2025
and signed on behalf of the board by:

Name: King Lee
Status: Director

The notes form part of these financial statements

KCL & HL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KCL & HL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

KCL & HL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 544,703 544,703
Additions
Disposals
Revaluations
Transfers
At 30 December 2024 544,703 544,703
Depreciation
At 1 January 2024
Charge for year
On disposals
Other adjustments
At 30 December 2024
Net book value
At 30 December 2024 544,703 544,703
At 31 December 2023 544,703 544,703

KCL & HL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 143,088 153,314
Total 143,088 153,314

KCL & HL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2024

5. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 394,109 394,109
Total 394,109 394,109

KCL & HL LTD

Notes to the Financial Statements

for the Period Ended 30 December 2024

6. Loans to directors

Name of director receiving advance or credit: King Lee
Description of the transaction:
cash Loan
£
Balance at 31 December 2023 94,791
Advances or credits made:
Advances or credits repaid: 295
Balance at 30 December 2024 94,496

Name of director receiving advance or credit: Hayley Law
Description of the transaction:
Cash Loan
£
Balance at 31 December 2023 15,797
Advances or credits made:
Advances or credits repaid: 9,500
Balance at 30 December 2024 6,297