ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

KL TECHNOLOGIES HOLDINGS LIMITED - Company Information

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Caseware UK (AP4) 2021.0.152 2021.0.152 2022-11-302022-11-30truetrueNo description of principal activity2021-12-01true00 11055387 2021-12-01 2022-11-30 11055387 2020-11-28 2021-11-30 11055387 2022-11-30 11055387 2021-11-30 11055387 c:Director2 2021-12-01 2022-11-30 11055387 d:CurrentFinancialInstruments 2022-11-30 11055387 d:CurrentFinancialInstruments 2021-11-30 11055387 d:ShareCapital 2022-11-30 11055387 d:ShareCapital 2021-11-30 11055387 d:CapitalRedemptionReserve 2022-11-30 11055387 d:CapitalRedemptionReserve 2021-11-30 11055387 d:RetainedEarningsAccumulatedLosses 2022-11-30 11055387 d:RetainedEarningsAccumulatedLosses 2021-11-30 11055387 c:OrdinaryShareClass1 2021-12-01 2022-11-30 11055387 c:OrdinaryShareClass1 2022-11-30 11055387 c:OrdinaryShareClass2 2021-12-01 2022-11-30 11055387 c:OrdinaryShareClass2 2022-11-30 11055387 c:OrdinaryShareClass2 2021-11-30 11055387 c:OrdinaryShareClass3 2021-12-01 2022-11-30 11055387 c:OrdinaryShareClass3 2022-11-30 11055387 c:OrdinaryShareClass3 2021-11-30 11055387 c:EntityHasNeverTraded 2021-12-01 2022-11-30 11055387 c:FRS102 2021-12-01 2022-11-30 11055387 c:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-30 11055387 c:FullAccounts 2021-12-01 2022-11-30 11055387 c:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 11055387 6 2021-12-01 2022-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11055387









KL TECHNOLOGIES HOLDINGS LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2022
 
KL TECHNOLOGIES HOLDINGS LIMITED
REGISTERED NUMBER: 11055387

BALANCE SHEET
AS AT 30 NOVEMBER 2022

2022
2021
Note
£
£

  

Investments
 4 
-
-

  
-
-

Current assets
  

Debtors: amounts falling due within one year
 5 
236,982
236,982

  

Net assets
  
236,982
236,982


Capital and reserves
  

Called up share capital 
 6 
106
106

Capital redemption reserve
  
30
30

Profit and loss account
  
236,846
236,846

  
236,982
236,982


For the year ended 30 November 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 March 2023.




M Hamilton
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
KL TECHNOLOGIES HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

1.


General information

KL Technologies Holdings Limited is a private company limited by shares, incorporated in England and Wales, with a company registration number of 11055387. The address of the registered office is Estuary Road, King's Lynn, Norfolk, PE30 2HS. 
The financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Going concern

The Company is the parent Company of K L Technologies Limited. The directors of K L Technologies Limited are continually assessing the impact of the current economic climate. They have not encountered any significant adverse impacts as a result, and have traded profitably. Therefore, the directors deem it appropriate to prepare the accounts on a going concern basis.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. 


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2021 - £NIL).

The average monthly number of employees during the year was 0 (2021 - 0).


4.


Fixed asset investments

As at 25 November 2022, the net book value of the investment in subsidiary company was £0.14 (2021: £0.14).












Page 2
 
KL TECHNOLOGIES HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

5.


Debtors

2022
2021
£
£


Amounts owed by group undertakings
236,832
236,832

Other debtors
150
150

236,982
236,982



6.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



36,000 (2021 - 36,000) Ordinary A shares shares of £0.000001 each
-
-
105,000,000 (2021 - 105,000,000) Ordinary B shares shares of £0.000001 each
105
105
700,000 (2021 - 700,000) Ordinary G shares shares of £0.000001 each
1
1

106

106



7.


Controlling party

By virtue of his direct shareholding and those held by his close family, the directors deem M Littlewood to be the ultimate controlling party.

Page 3