Company registration number 12156128 ()
KONECT PROPERTY INVESTMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
KONECT PROPERTY INVESTMENTS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
KONECT PROPERTY INVESTMENTS LTD
BALANCE SHEET
AS AT 31 AUGUST 2024
31 August 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investment property
2
130,026
130,026
Current assets
Cash at bank and in hand
7,606
11,152
Creditors: amounts falling due within one year
3
(24,264)
(23,232)
Net current liabilities
(16,658)
(12,080)
Total assets less current liabilities
113,368
117,946
Creditors: amounts falling due after more than one year
4
(118,593)
(128,985)
Net liabilities
(5,225)
(11,039)
Capital and reserves
Called up share capital
5
5
5
Profit and loss reserves
(5,230)
(11,044)
Total equity
(5,225)
(11,039)
For the financial year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 27 May 2025 and are signed on its behalf by:
K A Oultram
Director
Company registration number 12156128 ()
KONECT PROPERTY INVESTMENTS LTD
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024
31 August 2024
- 2 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
3
3
2
Investment property
2024
£
Fair value
At 1 September 2023 and 31 August 2024
130,026
Investment property comprises a single property and the original cost has been used as being the fair value of the property.
3
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
10,000
10,000
Trade creditors
936
48
Other creditors
13,328
13,184
24,264
23,232
4
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
10,878
21,667
Other creditors
107,715
107,318
118,593
128,985
5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
of £1 each
5
5
5
5