Company Registration No. 07975050 (England and Wales)
K&Q ENTERPRISES LTD
Unaudited accounts
for the year ended 31 July 2024
K&Q ENTERPRISES LTD
Unaudited accounts
Contents
K&Q ENTERPRISES LTD
Company Information
for the year ended 31 July 2024
Company Number
07975050 (England and Wales)
Registered Office
923B BRIGHTON ROAD
PURLEY
CR8 2BP
ENGLAND
K&Q ENTERPRISES LTD
Statement of financial position
as at 31 July 2024
Investment property
874,259
874,259
Cash at bank and in hand
154,258
82,736
Creditors: amounts falling due within one year
(169,415)
(78,082)
Net current (liabilities)/assets
(8,914)
9,154
Total assets less current liabilities
865,343
883,411
Creditors: amounts falling due after more than one year
(582,690)
(601,839)
Net assets
282,653
281,572
Called up share capital
10
10
Profit and loss account
282,643
281,562
Shareholders' funds
282,653
281,572
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 director acknowledges his 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 and authorised for issue on 25 April 2025 and were signed on its behalf by
REHMAN QAMAR
Director
Company Registration No. 07975050
K&Q ENTERPRISES LTD
Notes to the Accounts
for the year ended 31 July 2024
K&Q ENTERPRISES LTD is a private company, limited by shares, registered in England and Wales, registration number 07975050. The registered office is 923B BRIGHTON ROAD, PURLEY, CR8 2BP, 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.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
K&Q ENTERPRISES LTD
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery
Fair value at 1 August 2023
874,259
Amounts falling due within one year
8
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,300
4,300
Taxes and social security
43,088
41,401
Other creditors
71,792
31,181
Loans from directors
49,035
-
9
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
382,694
401,843
Other creditors
64,996
64,996
Loans from directors
135,000
135,000
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).