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Company Registration No. 12248061 (England and Wales)
WWW.KWIKPARK.CO.UK LTD Financial Statements for the year ended 31 October 2024
WWW.KWIKPARK.CO.UK LTD Financial Statements Contents
Page
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WWW.KWIKPARK.CO.UK LTD Company Information for the year ended 31 October 2024
Director
Zubair Ahmed
Company Number
12248061 (England and Wales)
Registered Office
FLAT 137 FOUNDRY COURT MILL STREET SLOUGH BERKSHIRE SL2 5FZ ENGLAND
Accountants
Abdul Kayani (Accountant ACCA1109338) First Accountancy Services Ltd 28a Stoke Poges Lane Slough Berkshire SL1 3PQ
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WWW.KWIKPARK.CO.UK LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,840 
2,560 
Current assets
Debtors
75,059 
74,563 
Cash at bank and in hand
13,897 
1,591 
88,956 
76,154 
Creditors: amounts falling due within one year
(32,122)
(66,297)
Net current assets
56,834 
9,857 
Total assets less current liabilities
64,674 
12,417 
Creditors: amounts falling due after more than one year
(49,467)
- 
Net assets
15,207 
12,417 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15,107 
12,317 
Shareholders' funds
15,207 
12,417 
For the year ending 31 October 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 15 May 2025 and were signed on its behalf by
Zubair Ahmed Director Company Registration No. 12248061
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WWW.KWIKPARK.CO.UK LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
WWW.KWIKPARK.CO.UK LTD is a private company, limited by shares, registered in England and Wales, registration number 12248061. The registered office is FLAT 137 FOUNDRY COURT, MILL STREET, SLOUGH, BERKSHIRE, SL2 5FZ, 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.
3
Accounting policies
These financial statements for the year ended 31 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
20% Streight Line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 November 2023
4,000 
Additions
7,500 
At 31 October 2024
11,500 
Depreciation
At 1 November 2023
1,440 
Charge for the year
2,220 
At 31 October 2024
3,660 
Net book value
At 31 October 2024
7,840 
At 31 October 2023
2,560 
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WWW.KWIKPARK.CO.UK LTD Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
23,750 
14,750 
Other debtors
51,309 
59,813 
75,059 
74,563 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
24,000 
62,085 
Taxes and social security
8,122 
4,212 
32,122 
66,297 
Credit due includes £24000 VAT outstanding for Covid Period payment plan of £2000 per month in place with HMRC. £6477 Corporation tax 2024-25 payable with in one year. £1645 Corporation Tax for 2023-24 outstanding payment agreed £400 per month with HMRC
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
49,467 
- 
Creditor due includes VAT amount outstanding, payment term of £2000 per month agreed with HMRC and due to be expire in 2028.
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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