IRIS Accounts Production v25.2.0.378 06396955 director 1.11.23 31.10.24 31.10.24 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06396955 2023-10-31 06396955 2024-10-31 06396955 2023-11-01 2024-10-31 06396955 2022-10-31 06396955 2022-11-01 2023-10-31 06396955 2023-10-31 06396955 ns15:EnglandWales 2023-11-01 2024-10-31 06396955 ns14:PoundSterling 2023-11-01 2024-10-31 06396955 ns10:Director1 2023-11-01 2024-10-31 06396955 ns10:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 06396955 ns10:SmallEntities 2023-11-01 2024-10-31 06396955 ns10:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 06396955 ns10:SmallCompaniesRegimeForDirectorsReport 2023-11-01 2024-10-31 06396955 ns10:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 06396955 ns10:FullAccounts 2023-11-01 2024-10-31 06396955 1 2023-11-01 2024-10-31 06396955 ns10:CompanySecretary1 2023-11-01 2024-10-31 06396955 ns10:RegisteredOffice 2023-11-01 2024-10-31 06396955 ns5:CurrentFinancialInstruments 2024-10-31 06396955 ns5:CurrentFinancialInstruments 2023-10-31 06396955 ns5:ShareCapital 2024-10-31 06396955 ns5:ShareCapital 2023-10-31 06396955 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 06396955 ns5:RetainedEarningsAccumulatedLosses 2023-10-31 06396955 ns5:IntangibleAssetsOtherThanGoodwill 2023-11-01 2024-10-31 06396955 ns5:PlantMachinery 2023-11-01 2024-10-31 06396955 ns5:MotorVehicles 2023-11-01 2024-10-31 06396955 ns5:ComputerEquipment 2023-11-01 2024-10-31 06396955 ns5:NetGoodwill 2023-10-31 06396955 ns5:NetGoodwill 2024-10-31 06396955 ns5:NetGoodwill 2023-10-31 06396955 ns5:PlantMachinery 2023-10-31 06396955 ns5:MotorVehicles 2023-10-31 06396955 ns5:ComputerEquipment 2023-10-31 06396955 ns5:PlantMachinery 2024-10-31 06396955 ns5:MotorVehicles 2024-10-31 06396955 ns5:ComputerEquipment 2024-10-31 06396955 ns5:PlantMachinery 2023-10-31 06396955 ns5:MotorVehicles 2023-10-31 06396955 ns5:ComputerEquipment 2023-10-31 06396955 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-10-31 06396955 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-10-31

K & K Autos Ltd

Financial Statements for the Year Ended 31 October 2024

K & K Autos Ltd (Registered number: 06396955)

Contents of the Financial Statements

for the year ended 31 October 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

K & K Autos Ltd

Company Information

for the year ended 31 October 2024

| DIRECTOR: | Mr K W Rooney

| SECRETARY: | Mrs K Rooney

| REGISTERED OFFICE: | Unit 26

| Shangri La Farm

| Todds Green

| Stevenage

| Hertfordshire

| SG1 2JE

| REGISTERED NUMBER: | 06396955 (England and Wales)

| ACCOUNTANTS: | Hargreaves Owen Ltd

| Chartered Certified Accountants

| Red Sky House

| Fairclough Hall, Halls Green

| Weston

| Hertfordshire

| SG4 7DP

K & K Autos Ltd (Registered number: 06396955)

Balance Sheet

31 October 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 3,716 |  | 5,684 |  |

3,716 |  | 5,684 |  |

CURRENT ASSETS

Stocks | 2,500 |  | 1,750 |  |

Debtors | 6 | 25,981 |  | 14,737 |  |

Cash at bank and in hand | 15,964 |  | 9,963 |  |

44,445 |  | 26,450 |  |

CREDITORS

Amounts falling due within one year | 7 | 38,655 |  | 32,127 |  |

NET CURRENT ASSETS/(LIABILITIES) | 5,790 |  | (5,677 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 9,506 |  | 7 |  |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | 9,505 |  | 6 |  |

SHAREHOLDERS' FUNDS | 9,506 |  | 7 |  |

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

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

The director acknowledges his 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.

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 director and authorised for issue on 2 August 2025 and were signed by:

Mr K W Rooney - Director

K & K Autos Ltd (Registered number: 06396955)

Notes to the Financial Statements

for the year ended 31 October 2024

1. | STATUTORY INFORMATION

| K & K Autos Ltd 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.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

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

| Plant and machinery | - | 20% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Stocks

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

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2023 - 3 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 November 2023

| and 31 October 2024 | 30,000 |  |

| AMORTISATION

| At 1 November 2023

| and 31 October 2024 | 30,000 |  |

| NET BOOK VALUE

| At 31 October 2024 | - |  |

| At 31 October 2023 | - |  |

K & K Autos Ltd (Registered number: 06396955)

Notes to the Financial Statements - continued

for the year ended 31 October 2024

5. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Computer |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 November 2023 | 4,899 |  | 30,389 |  | 1,952 |  | 37,240 |  |

| Disposals | - |  | (2,738 | ) | - |  | (2,738 | ) |

| At 31 October 2024 | 4,899 |  | 27,651 |  | 1,952 |  | 34,502 |  |

| DEPRECIATION

| At 1 November 2023 | 4,394 |  | 25,934 |  | 1,228 |  | 31,556 |  |

| Charge for year | 100 |  | 923 |  | 181 |  | 1,204 |  |

| Eliminated on disposal | - |  | (1,974 | ) | - |  | (1,974 | ) |

| At 31 October 2024 | 4,494 |  | 24,883 |  | 1,409 |  | 30,786 |  |

| NET BOOK VALUE

| At 31 October 2024 | 405 |  | 2,768 |  | 543 |  | 3,716 |  |

| At 31 October 2023 | 505 |  | 4,455 |  | 724 |  | 5,684 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Other debtors | 9,546 |  | 9,546 |  |

| Directors' current accounts | 16,435 |  | 5,191 |  |

25,981 |  | 14,737 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 26,296 |  | 12,997 |  |

| Trade creditors | 5,706 |  | 5,616 |  |

| Corporation tax | - |  | 6,392 |  |

| PAYE | 1,664 |  | 745 |  |

| VAT | 4,989 |  | 6,377 |  |

38,655 |  | 32,127 |  |