KONATE GROUP CORPORATION LTD

Company Registration Number:
11928263 (England and Wales)

Unaudited statutory accounts for the year ended 30 July 2024

Period of accounts

Start date: 1 May 2023

End date: 30 July 2024

KONATE GROUP CORPORATION LTD

Contents of the Financial Statements

for the Period Ended 30 July 2024

Balance sheet
Additional notes
Balance sheet notes

KONATE GROUP CORPORATION LTD

Balance sheet

As at 30 July 2024

Notes 15 months to 30 July 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 950,000 350,000
Tangible assets: 4 623,000 350,000
Investments: 5 3,670,000 275,000
Total fixed assets: 5,243,000 975,000
Current assets
Debtors: 6 2,500,000 275,000
Cash at bank and in hand: 582,000 400,000
Investments: 7 3,670,000 275,000
Total current assets: 6,752,000 950,000
Prepayments and accrued income: 224,000 72,400
Creditors: amounts falling due within one year: 8 ( 810,000 ) ( 425,000 )
Net current assets (liabilities): 6,166,000 597,400
Total assets less current liabilities: 11,409,000 1,572,400
Creditors: amounts falling due after more than one year: 9 ( 810,000 ) ( 425,000 )
Provision for liabilities: ( 85,240 ) ( 22,000 )
Accruals and deferred income: ( 6,100 ) ( 14,300 )
Total net assets (liabilities): 10,507,660 1,111,100
Capital and reserves
Called up share capital: 10,507,660 1,111,100
Total Shareholders' funds: 10,507,660 1,111,100

The notes form part of these financial statements

KONATE GROUP CORPORATION LTD

Balance sheet statements

For the year ending 30 July 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 25 June 2025
and signed on behalf of the board by:

Name: Moussa KONATE
Status: Director

The notes form part of these financial statements

KONATE GROUP CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 30 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

KONATE GROUP CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 30 July 2024

  • 2. Employees

    15 months to 30 July 2024 2023
    Average number of employees during the period 1 1

KONATE GROUP CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 30 July 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 May 2023 58,000 292,000 350,000
Additions 600,000 600,000
Disposals
Revaluations
Transfers
At 30 July 2024 58,000 892,000 950,000
Amortisation
At 1 May 2023 0 0 0
Charge for year
On disposals
Other adjustments
At 30 July 2024 0 0 0
Net book value
At 30 July 2024 58,000 892,000 950,000
At 30 April 2023 58,000 292,000 350,000

KONATE GROUP CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 30 July 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 7,700 49,410 12,395 102,595 212,900 385,000
Additions 70,000 55,000 18,000 5,000 125,000 273,000
Disposals
Revaluations
Transfers
At 30 July 2024 77,700 104,410 30,395 107,595 337,900 658,000
Depreciation
At 1 May 2023 3,200 14,410 5,590 11,800 35,000
Charge for year
On disposals
Other adjustments
At 30 July 2024 3,200 14,410 5,590 11,800 35,000
Net book value
At 30 July 2024 74,500 90,000 30,395 102,005 326,100 623,000
At 30 April 2023 4,500 35,000 12,395 97,005 201,100 350,000

KONATE GROUP CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 30 July 2024

5. Fixed assets investments note

3670000

KONATE GROUP CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 30 July 2024

6. Debtors

15 months to 30 July 2024 2023
£ £
Trade debtors 1,850,000 105,000
Other debtors 650,000 170,000
Total 2,500,000 275,000

KONATE GROUP CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 30 July 2024

7. Current assets investments note

3670000

KONATE GROUP CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 30 July 2024

8. Creditors: amounts falling due within one year note

15 months to 30 July 2024 2023
£ £
Other creditors 810,000 425,000
Total 810,000 425,000

KONATE GROUP CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 30 July 2024

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

15 months to 30 July 2024 2023
£ £
Other creditors 810,000 425,000
Total 810,000 425,000