Company Registration No. 16043678 (England and Wales)
K2smartlife Limited
Unaudited accounts
for the period from 28 October 2024 to 31 October 2025
K2smartlife Limited
Unaudited accounts
Contents
K2smartlife Limited
Company Information
for the period from 28 October 2024 to 31 October 2025
Directors
Kaushalya Disanayake
Kunal Kothari
Company Number
16043678 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
United Kingdom
Accountants
Taxacc Solutions Ltd
Riverside House
River Lawn Road
Tonbridge
Kent
TN9 1EP
K2smartlife Limited
Statement of financial position
as at 31 October 2025
Cash at bank and in hand
33,159
Creditors: amounts falling due within one year
(22,743)
Profit and loss account
11,373
Shareholders' funds
11,375
For the period ending 31 October 2025 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 24 July 2026 and were signed on its behalf by
Kunal Kothari
Director
Company Registration No. 16043678
K2smartlife Limited
Notes to the Accounts
for the period from 28 October 2024 to 31 October 2025
K2smartlife Limited is a private company, limited by shares, registered in England and Wales, registration number 16043678. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
These financial statements are prepared on a going concern basis, under the historical cost convention, as modified by the revaluation of land and buildings and certain financial assets and liabilities measured at fair value through profit or loss.
The accounts are presented in £ sterling.
The company meets its day-to-day working capital requirements through its bank facilities. The current economic conditions continue to create uncertainty over (a) the level of demand for the company’s products. (b) the availability of bank finance for the foreseeable future.
The current and future financial position of the Company, its cash flows and liquidity position has been reviewed by the directors. These have been prepared with a very prudent view of the likely gradual recovery in each of the Company's operating locations and have been stress tested to ensure that cash flows and liquidity are sufficiently robust to allow the Company to continue to trade during this period.
The company’s forecasts and projections, taking into account a severe but plausible change in trading performance, show that the company should be able to operate within the level of its current facilities. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company, therefore, continues to adopt the going concern basis in preparing its financial statements.
Tangible fixed assets and depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
Computer equipment
3 years SLM
K2smartlife Limited
Notes to the Accounts
for the period from 28 October 2024 to 31 October 2025
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
Taxes and social security
2,443
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
8
Transactions with related parties
The company incurred subcontractor costs of £5,000 each to K2 Geminids Education Ltd and Herts Consulting Private Limited, both of which remained accrued at the year-end.
9
Average number of employees
During the period the average number of employees was 0.