Accounts Submission


KONNECT PROPERTIES LIMITED

Company Registration Number:
11753128 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

KONNECT PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

KONNECT PROPERTIES LIMITED

Company Information

for the Period Ended 31 January 2023




Director: OMOTAYO FEYISETAN
Uchechukwu Ukagha
Registered office: 24
Constance Close
Coventry
England
CV3 1LN
Company Registration Number: 11753128 (England and Wales)

KONNECT PROPERTIES LIMITED

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 125,000 100,000
Total fixed assets: 125,000 100,000
Current assets
Cash at bank and in hand: 2,830 1,257
Total current assets: 2,830 1,257
Net current assets (liabilities): 2,830 1,257
Total assets less current liabilities: 127,830 101,257
Creditors: amounts falling due after more than one year: ( 63,800 ) ( 66,375 )
Total net assets (liabilities): 64,030 34,882

The notes form part of these financial statements

KONNECT PROPERTIES LIMITED

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 64,028 34,880
Shareholders funds: 64,030 34,882

For the year ending 31 January 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 March 2023
And Signed On Behalf Of The Board By:

Name: OMOTAYO FEYISETAN
Status: Director

The notes form part of these financial statements

KONNECT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

KONNECT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

KONNECT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

KONNECT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible Assets

Total
Cost £
At 01 February 2022 100,000
Additions -
Disposals -
Revaluations 25,000
Transfers -
At 31 January 2023 125,000
Depreciation
At 01 February 2022 -
Charge for year -
On disposals -
Other adjustments -
At 31 January 2023 -
Net book value
At 31 January 2023 125,000
At 31 January 2022 100,000