KING ASSOCIATES LIMITED

KING ASSOCIATES LIMITED

KING ASSOCIATES LIMITED - Company Information

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KING ASSOCIATES LIMITED

Company Registration Number:
05328230 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2021

Period of accounts

Start date: 01 May 2020

End date: 30 April 2021

KING ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2021

Balance sheet
Notes

KING ASSOCIATES LIMITED

Balance sheet

As at 30 April 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 13,800 3,212
Total fixed assets: 13,800 3,212
Current assets
Stocks:   14,000
Debtors:   920,340 313,961
Cash at bank and in hand:   35,193
Total current assets: 920,340 363,154
Creditors: amounts falling due within one year:   (850,347) (346,459)
Net current assets (liabilities): 69,993 16,695
Total assets less current liabilities: 83,793 19,907
Total net assets (liabilities): 83,793 19,907
Capital and reserves
Called up share capital: 112 112
Revaluation reserve:499
Profit and loss account: 83,672 19,786
Shareholders funds: 83,793 19,907

The notes form part of these financial statements

KING ASSOCIATES LIMITED

Balance sheet statements

For the year ending 30 April 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 January 2022
and signed on behalf of the board by:

Name: PAUL ASPDEN
Status: Director

The notes form part of these financial statements

KING ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KING ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

2. Employees

2021 2020
Average number of employees during the period 6 6

KING ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

3. Tangible Assets

Total
Cost £
At 01 May 2020 3,212
Additions 13,325
At 30 April 2021 16,537
Depreciation
At 01 May 2020 0
Charge for year 2,737
At 30 April 2021 2,737
Net book value
At 30 April 2021 13,800
At 30 April 2020 3,212

KING ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

4. Revaluation reserve

2021
£
Balance at 01 May 2020 9
Surplus or deficit after revaluation 0
Balance at 30 April 2021 9