Registered number
14517435
K&G LOGISTICS LTD
Filleted Accounts
30 November 2024
K&G LOGISTICS LTD
Registered number: 14517435
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 644 644
Cash at bank and in hand 211 211
855 855
Creditors: amounts falling due within one year 4 (588) (588)
Net current assets 267 267
Net assets 267 267
Capital and reserves
Called up share capital 1 1
Profit and loss account 266 266
Shareholder's funds 267 267
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Gaganveer Singh Bahia
Director
Approved by the board on 29 August 2025
K&G LOGISTICS LTD
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2024 2023
£ £
Other debtors 643 643
Other debtors 1 1
644 644
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 63 63
Other creditors 525 525
588 588
5 Other information
K&G LOGISTICS LTD is a private company limited by shares and incorporated in England. Its registered office is:
2 Hillman Drive
Dudley
DY2 7TR
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