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Company Registration No. 10458439 (England and Wales)
KNNAK LIMITED Unaudited accounts for the year ended 30 November 2024
KNNAK LIMITED Unaudited accounts Contents
Page
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KNNAK LIMITED Company Information for the year ended 30 November 2024
Directors
BANGA, Kanwar Paul BANGA, Nikita
Secretary
FLEMING, Simone Janette
Company Number
10458439 (England and Wales)
Registered Office
48 STANHOPE ROAD BOWDON ALTRINCHAM WA14 3JT UNITED KINGDOM
Accountants
Enso Accountants Ltd 189c Mauldeth Road Manchester M191BA
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KNNAK LIMITED Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,415,001 
1,747,753 
Investments
- 
450,128 
1,415,001 
2,197,881 
Current assets
Debtors
7,755 
229,886 
Cash at bank and in hand
1,096 
70,927 
8,851 
300,813 
Creditors: amounts falling due within one year
(548,729)
(1,766,375)
Net current liabilities
(539,878)
(1,465,562)
Total assets less current liabilities
875,123 
732,319 
Creditors: amounts falling due after more than one year
(31,665)
- 
Provisions for liabilities
Other provisions
(127,842)
(127,842)
Net assets
715,616 
604,477 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
338,145 
276,598 
Profit and loss account
377,371 
327,779 
Shareholders' funds
715,616 
604,477 
For the year ending 30 November 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 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 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 of Directors and authorised for issue on 1 August 2025 and were signed on its behalf by
BANGA, Kanwar Paul Director Company Registration No. 10458439
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KNNAK LIMITED Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
KNNAK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10458439. The registered office is 48 STANHOPE ROAD, BOWDON, ALTRINCHAM, WA14 3JT, UNITED KINGDOM.
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
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.
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.
4
Investment property
2024 
£ 
Fair value at 1 December 2023
1,747,753 
Disposals
(394,299)
Net gain from fair value adjustments
61,547 
At 30 November 2024
1,415,001 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 December 2023
450,128 
Disposals
(450,128)
Valuation at 30 November 2024
- 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,923 
Amounts due from group undertakings etc.
5,535 
227,334 
Accrued income and prepayments
2,175 
- 
Other debtors
45 
629 
7,755 
229,886 
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KNNAK LIMITED Notes to the Accounts for the year ended 30 November 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
29,755 
26,525 
Amounts owed to group undertakings and other participating interests
52,996 
- 
Taxes and social security
12,778 
78,308 
Other creditors
450,000 
1,657,142 
Accruals
3,200 
4,400 
548,729 
1,766,375 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
31,665 
- 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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