Kismetworld Limited

Kismetworld Limited

KISMETWORLD LIMITED - Company Information

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1 October 2019 false No description of principal activity Taxfiler 2021.7 05566897business:PrivateLimitedCompanyLtd2019-10-012020-09-30 055668972019-09-30 055668972019-10-012020-09-30 05566897business:AuditExempt-NoAccountantsReport2019-10-012020-09-30 05566897business:FullAccounts2019-10-012020-09-30 055668972020-09-30 05566897business:Director12019-10-012020-09-30 05566897business:Director22019-10-012020-09-30 05566897business:CompanySecretary12019-10-012020-09-30 05566897business:RegisteredOffice2019-10-012020-09-30 055668972019-09-30 05566897core:WithinOneYear2020-09-30 05566897core:WithinOneYear2019-09-30 05566897core:ShareCapital2020-09-30 05566897core:ShareCapital2019-09-30 05566897core:RetainedEarningsAccumulatedLosses2020-09-30 05566897core:RetainedEarningsAccumulatedLosses2019-09-30 05566897business:SmallEntities2019-10-012020-09-30 05566897countries:EnglandWales2019-10-012020-09-30 05566897core:PlantMachinery2019-10-012020-09-30 05566897core:MotorVehicles2019-10-012020-09-30 05566897core:FurnitureFittings2019-10-012020-09-30 05566897core:PlantMachinery2019-09-30 05566897core:MotorVehicles2019-09-30 05566897core:FurnitureFittings2019-09-30 05566897core:PlantMachinery2020-09-30 05566897core:MotorVehicles2020-09-30 05566897core:FurnitureFittings2020-09-30 05566897business:OrdinaryShareClass12019-10-012020-09-30 05566897business:OrdinaryShareClass12018-10-012019-09-30 055668972018-10-012019-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05566897 (England and Wales)
Kismetworld Limited accounts for the year ended 30 September 2020
Kismetworld Limited accounts Contents
Page
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Kismetworld Limited Company Information for the year ended 30 September 2020
Directors
Taiwo O POPOOLA Olufunmilayo POPOOLA
Secretary
Olufunmilayo POPOOLA
Company Number
05566897 (England and Wales)
Registered Office
18 St. Cross Street 4th Floor London EC1N 8UN
Accountants
Fanla & Co Unit 10 Warwick House Overton Road London SW9 7JP
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Kismetworld Limited Statement of financial position as at 30 September 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
30 
30 
Current assets
Cash at bank and in hand
8,345 
17,762 
Creditors: amounts falling due within one year
5
(2,518)
(15,489)
Net current assets
5,827 
2,273 
Net assets
5,857 
2,303 
Capital and reserves
Called up share capital
6
1 
1 
Profit and loss account
5,856 
2,302 
Shareholders' funds
5,857 
2,303 
For the year ending 30 September 2020 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 29 June 2021 and were signed on its behalf by
Taiwo O POPOOLA Director Company Registration No. 05566897
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Kismetworld Limited Notes to the Accounts for the year ended 30 September 2020
1
Statutory information
Kismetworld Limited is a private company, limited by shares, registered in England and Wales, registration number 05566897. The registered office is 18 St. Cross Street, 4th Floor, London, EC1N 8UN.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2019
7,740 
6,000 
4,689 
18,429 
At 30 September 2020
7,740 
6,000 
4,689 
18,429 
Depreciation
At 1 October 2019
7,730 
5,990 
4,679 
18,399 
At 30 September 2020
7,730 
5,990 
4,679 
18,399 
Net book value
At 30 September 2020
10 
10 
10 
30 
At 30 September 2019
10 
10 
10 
30 
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Kismetworld Limited Notes to the Accounts for the year ended 30 September 2020
5
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Taxes and social security
1,129 
329 
Other creditors
- 
662 
Loans from directors
1,029 
14,018 
Accruals
360 
480 
2,518 
15,489 
6
Share capital
2020 
2019 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 2 (2019: 2).
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