Company Registration No. 10977804 (England and Wales)
KVC GLOBAL RESOURCES LTD
Unaudited accounts
for the year ended 30 September 2024
KVC GLOBAL RESOURCES LTD
Unaudited accounts
Contents
KVC GLOBAL RESOURCES LTD
Company Information
for the year ended 30 September 2024
Company Number
10977804 (England and Wales)
Registered Office
116 MAIDSTONE ROAD
CHATHAM
ME4 6DQ
ENGLAND
KVC GLOBAL RESOURCES LTD
Statement of financial position
as at 30 September 2024
Tangible assets
222,000
67,000
Cash at bank and in hand
3,326
53,883
Creditors: amounts falling due within one year
(162,290)
(92,756)
Net current liabilities
(158,964)
(38,873)
Total assets less current liabilities
63,036
28,127
Creditors: amounts falling due after more than one year
(92,756)
-
Net (liabilities)/assets
(29,720)
28,127
Called up share capital
100
100
Profit and loss account
(29,820)
28,027
Shareholders' funds
(29,720)
28,127
For the year ending 30 September 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 her 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 21 May 2025 and were signed on its behalf by
Ms M R Chirairo
Director
Company Registration No. 10977804
KVC GLOBAL RESOURCES LTD
Notes to the Accounts
for the year ended 30 September 2024
KVC GLOBAL RESOURCES LTD is a private company, limited by shares, registered in England and Wales, registration number 10977804. The registered office is 116 MAIDSTONE ROAD, CHATHAM, ME4 6DQ, 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:
4
Tangible fixed assets
Land & buildings
At 30 September 2024
222,000
At 30 September 2024
222,000
At 30 September 2023
67,000
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
162,290
92,756
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
92,756
-
KVC GLOBAL RESOURCES LTD
Notes to the Accounts
for the year ended 30 September 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).