1 December 2023 false No description of principal activity Taxfiler 2024.6 SC581622business:PrivateLimitedCompanyLtd2023-12-012024-11-30 SC5816222023-11-30 SC5816222023-12-012024-11-30 SC581622business:AuditExemptWithAccountantsReport2023-12-012024-11-30 SC581622business:FilletedAccounts2023-12-012024-11-30 SC5816222024-11-30 SC581622business:Director12023-12-012024-11-30 SC581622business:RegisteredOffice2023-12-012024-11-30 SC5816222023-11-30 SC581622core:WithinOneYear2024-11-30 SC581622core:WithinOneYear2023-11-30 SC581622core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 SC581622core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 SC581622core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 SC581622core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 SC581622core:PreviouslyStatedAmount2024-11-30 SC581622core:PreviouslyStatedAmount2023-11-30 SC581622business:SmallEntities2023-12-012024-11-30 SC581622countries:Scotland2023-12-012024-11-30 SC581622core:FurnitureFittings2023-12-012024-11-30 SC581622core:FurnitureFittings2023-11-30 SC581622core:FurnitureFittings2024-11-30 SC5816222022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC581622 (Scotland)
K & B AFRICAN SHOP LTD Unaudited accounts for the year ended 30 November 2024
K & B AFRICAN SHOP LTD Unaudited accounts Contents
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K & B AFRICAN SHOP LTD Company Information for the year ended 30 November 2024
Director
Blessing Omorogbe
Company Number
SC581622 (Scotland)
Registered Office
17 WESTMUIR STREET GLASGOW G31 5EH SCOTLAND
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K & B AFRICAN SHOP LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,233 
3,943 
Current assets
Inventories
155,200 
120,200 
Debtors
4,899 
4,709 
Cash at bank and in hand
11,906 
67,434 
172,005 
192,343 
Creditors: amounts falling due within one year
(144,894)
(119,285)
Net current assets
27,111 
73,058 
Net assets
30,344 
77,001 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
30,334 
76,991 
Shareholders' funds
30,344 
77,001 
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 director acknowledges her 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 30 August 2025 and were signed on its behalf by
Blessing Omorogbe Director Company Registration No. SC581622
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K & B AFRICAN SHOP LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
K & B AFRICAN SHOP LTD is a private company, limited by shares, registered in Scotland, registration number SC581622. The registered office is 17 WESTMUIR STREET, GLASGOW, G31 5EH, SCOTLAND.
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.
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:
Fixtures & fittings
18%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2023
11,871 
At 30 November 2024
11,871 
Depreciation
At 1 December 2023
7,928 
Charge for the year
710 
At 30 November 2024
8,638 
Net book value
At 30 November 2024
3,233 
At 30 November 2023
3,943 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,899 
4,709 
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K & B AFRICAN SHOP LTD Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
119,103 
8,194 
Taxes and social security
11,327 
10,136 
Other creditors
- 
1,053 
Loans from directors
464 
98,108 
Accruals
14,000 
1,794 
144,894 
119,285 
7
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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