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REGISTERED NUMBER: 08824863 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Kamil Furniture (London ) Limited

Kamil Furniture (London ) Limited (Registered number: 08824863)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kamil Furniture (London ) Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: A Canitez
K Geneci





REGISTERED OFFICE: 470 Lordship Lane
London
N17 7QY





REGISTERED NUMBER: 08824863 (England and Wales)





ACCOUNTANTS: Hasan Y Musalar
International Accountant &Tax Consultant
FAIA, FFA, FIPA,,FFTA
536 Lordship Lane
London
N22 5BY

Kamil Furniture (London ) Limited (Registered number: 08824863)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,422 22,024

CURRENT ASSETS
Stocks 5 205,750 185,425
Debtors 6 55,913 53,100
Cash at bank and in hand 38,467 22,273
300,130 260,798
CREDITORS
Amounts falling due within one year 7 228,379 204,959
NET CURRENT ASSETS 71,751 55,839
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,173

77,863

CREDITORS
Amounts falling due after more than one
year

8

13,901

53,774
NET ASSETS 69,272 24,089

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 69,172 23,989
SHAREHOLDERS' FUNDS 69,272 24,089

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Kamil Furniture (London ) Limited (Registered number: 08824863)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2025 and were signed on its behalf by:





K Geneci - Director


Kamil Furniture (London ) Limited (Registered number: 08824863)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Kamil Furniture (London ) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Kamil Furniture (London ) Limited (Registered number: 08824863)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2024 59,926 16,198 76,124
Additions 6,792 - 6,792
At 31 December 2024 66,718 16,198 82,916
DEPRECIATION
At 1 January 2024 50,050 4,050 54,100
Charge for year 13,344 4,050 17,394
At 31 December 2024 63,394 8,100 71,494
NET BOOK VALUE
At 31 December 2024 3,324 8,098 11,422
At 31 December 2023 9,876 12,148 22,024

5. STOCKS
31.12.24 31.12.23
£    £   
Stocks 205,750 185,425

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 45,516 42,703
Prepayments and accrued income 10,397 10,397
55,913 53,100

Kamil Furniture (London ) Limited (Registered number: 08824863)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 34,999 111,018
Paye (234 ) 27,254
Tax 12,798 -
VAT 95,305 17,077
Other creditors 56,737 49,610
Directors' current accounts 28,774 -
228,379 204,959

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans (see note 9) 13,901 25,000
Directors' loan accounts - 28,774
13,901 53,774

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 25,000

9. LOANS

An analysis of the maturity of loans is given below:

31.12.24 31.12.23
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 13,901 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 25,000

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary shares class A 1.00 100 100

Kamil Furniture (London ) Limited (Registered number: 08824863)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

11. RESERVES
Retained
earnings
£   

At 1 January 2024 23,989
Profit for the year 45,183
At 31 December 2024 69,172