K & K Excelsior Ltd - Accounts to registrar (filleted) - small 22.3

K & K Excelsior Ltd - Accounts to registrar (filleted) - small 22.3

K & K EXCELSIOR LTD - Company Information

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IRIS Accounts Production v22.4.0.132 05207471 Board of Directors 1.2.21 31.1.22 31.1.22 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure052074712021-01-31052074712022-01-31052074712021-02-012022-01-31052074712020-01-31052074712020-02-012021-01-31052074712021-01-3105207471ns16:EnglandWales2021-02-012022-01-3105207471ns15:PoundSterling2021-02-012022-01-3105207471ns11:Director12021-02-012022-01-3105207471ns11:PrivateLimitedCompanyLtd2021-02-012022-01-3105207471ns11:SmallEntities2021-02-012022-01-3105207471ns11:AuditExempt-NoAccountantsReport2021-02-012022-01-3105207471ns11:SmallCompaniesRegimeForDirectorsReport2021-02-012022-01-3105207471ns11:SmallCompaniesRegimeForAccounts2021-02-012022-01-3105207471ns11:FullAccounts2021-02-012022-01-3105207471ns11:OrdinaryShareClass12021-02-012022-01-3105207471ns11:Director22021-02-012022-01-3105207471ns11:CompanySecretary12021-02-012022-01-3105207471ns11:RegisteredOffice2021-02-012022-01-3105207471ns6:CurrentFinancialInstruments2022-01-3105207471ns6:CurrentFinancialInstruments2021-01-3105207471ns6:ShareCapital2022-01-3105207471ns6:ShareCapital2021-01-3105207471ns6:RetainedEarningsAccumulatedLosses2022-01-3105207471ns6:RetainedEarningsAccumulatedLosses2021-01-3105207471ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3105207471ns6:WithinOneYearns6:CurrentFinancialInstruments2021-01-3105207471ns11:OrdinaryShareClass12022-01-31052074712ns11:Director22021-01-31052074712ns11:Director22020-01-31052074712ns11:Director22021-02-012022-01-31052074712ns11:Director22020-02-012021-01-31052074712ns11:Director22022-01-31052074712ns11:Director22021-01-31
REGISTERED NUMBER: 05207471 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2022

FOR

K & K EXCELSIOR LTD
K & K EXCELSIOR LTD (REGISTERED NUMBER: 05207471)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


K & K EXCELSIOR LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2022







DIRECTORS: Mr G M King
Mr N J Harvey





SECRETARY: Mrs K T Reeve





REGISTERED OFFICE: Ingram House
Meridian Way
Norwich
Norfolk
NR7 0TA





REGISTERED NUMBER: 05207471 (England and Wales)
Page 1
K & K EXCELSIOR LTD (REGISTERED NUMBER: 05207471)

BALANCE SHEET
31 JANUARY 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 4 51,713 44,213
Cash at bank 1,610 1,854
53,323 46,067
CREDITORS
Amounts falling due within one year 5 9,802 8,637
NET CURRENT ASSETS 43,521 37,430
TOTAL ASSETS LESS CURRENT
LIABILITIES
43,521
37,430

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 43,421 37,330
SHAREHOLDERS' FUNDS 43,521 37,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 January 2023 and were signed on its behalf by:





Mr N J Harvey - Director


The notes form part of these financial statements

Page 2
K & K EXCELSIOR LTD (REGISTERED NUMBER: 05207471)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022

1. STATUTORY INFORMATION

K & K Excelsior 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES

The average number of employees during the year was NIL (2021 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 350 350
Other debtors 51,363 43,863
51,713 44,213

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 169 169
Taxation and social security 1,446 17
Other creditors 8,187 8,451
9,802 8,637

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100

Page 3 continued...
K & K EXCELSIOR LTD (REGISTERED NUMBER: 05207471)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2022

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2022 and 31 January 2021:

2022 2021
£    £   
Mr G M King
Balance outstanding at start of year 140 564
Amounts advanced - 1,101
Amounts repaid - (1,525 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 140 140

The above loans are interest-free and technically repayable on demand.

8. RELATED PARTY DISCLOSURES

During the period the company operated a loan account with a company in which Mr G M King and Mr N J Harvey have an interest. At the period end the company owed £2,577 (2021 - 2,077) to this company. The company sold freehold property at market value for £7,500 to this company during the year.

At the period end the company was owed £42,225 (2021 - 42,225) by a company in which Mr G M King and Mr N J Harvey also have an interest. .

Page 4