K `N` G CONVENIENCE LIMITED

K `N` G CONVENIENCE LIMITED

K `N` G CONVENIENCE LIMITED - Company Information

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K `N` G CONVENIENCE LIMITED

Company Registration Number:
07004048 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2022

Period of accounts

Start date: 01 September 2021

End date: 31 August 2022

K `N` G CONVENIENCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2022

Balance sheet
Notes

K `N` G CONVENIENCE LIMITED

Balance sheet

As at 31 August 2022


Notes
2022
2021


£
£
Fixed assets
Intangible assets: 3 12,000 18,000
Tangible assets: 4 16,131 14,842
Total fixed assets: 28,131 32,842
Current assets
Stocks: 92,690 98,191
Debtors:   8,827 4,678
Cash at bank and in hand: 148,790 122,591
Total current assets: 250,307 225,460
Creditors: amounts falling due within one year:   (27,162) (19,935)
Net current assets (liabilities): 223,145 205,525
Total assets less current liabilities: 251,276 238,367
Creditors: amounts falling due after more than one year:   (40,833) (50,000)
Total net assets (liabilities): 210,443 188,367
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 200,443 178,367
Shareholders funds: 210,443 188,367

The notes form part of these financial statements

K `N` G CONVENIENCE LIMITED

Balance sheet statements

For the year ending 31 August 2022 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 30 May 2023
and signed on behalf of the board by:

Name: Mr Thomas Kirby
Status: Director

The notes form part of these financial statements

K `N` G CONVENIENCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2022

1. Accounting policies

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

K `N` G CONVENIENCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2022

2. Employees

2022 2021
Average number of employees during the period 17 17

K `N` G CONVENIENCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2022

3. Intangible Assets

Total
Cost £
At 01 September 2021 60,000
At 31 August 2022 60,000
Amortisation
At 01 September 2021 42,000
Charge for year 6,000
At 31 August 2022 48,000
Net book value
At 31 August 2022 12,000
At 31 August 2021 18,000

K `N` G CONVENIENCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2022

4. Tangible Assets

Total
Cost £
At 01 September 2021 63,309
Additions 5,000
At 31 August 2022 68,309
Depreciation
At 01 September 2021 48,467
Charge for year 3,711
At 31 August 2022 52,178
Net book value
At 31 August 2022 16,131
At 31 August 2021 14,842