KA Management Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 03553857 (England and Wales)

Financial Statements for the Year Ended 30 April 2023

for

KA Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs K Armstrong

REGISTERED OFFICE:

Coveham House

Downside Bridge Road

Cobham

Surrey

KT11 3EP

REGISTERED NUMBER:

03553857 (England and Wales)

ACCOUNTANTS:

AccountLets

Coveham House

Downside Bridge Road

Cobham

Surrey

KT11 3EP

FIXED ASSETS

Tangible assets

4

300,428

300,014

CURRENT ASSETS

Cash at bank

-

7,477

CREDITORS

Amounts falling due within one year

5

89,205

73,964

NET CURRENT LIABILITIES

(89,205

)

(66,487

)

TOTAL ASSETS LESS CURRENT LIABILITIES

211,223

233,527

CREDITORS

Amounts falling due after more than one year

6

2,145

6,311

NET ASSETS

209,078

227,216

CAPITAL AND RESERVES

Called up share capital

100

2

Retained earnings

208,978

227,214

SHAREHOLDERS' FUNDS

209,078

227,216

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 February 2024 and were signed by:

Mrs K Armstrong - Director

1.	STATUTORY INFORMATION

KA Management Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2022

300,000

2,920

302,920

Additions

-

449

449

At 30 April 2023

300,000

3,369

303,369

DEPRECIATION

At 1 May 2022

-

2,906

2,906

Charge for year

-

35

35

At 30 April 2023

-

2,941

2,941

NET BOOK VALUE

At 30 April 2023

300,000

428

300,428

At 30 April 2022

300,000

14

300,014

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Bank loans and overdrafts

22,156

4,665

Trade creditors

1,194

1,900

Taxation and social security

41,631

41,631

Other creditors

24,224

25,768

89,205

73,964

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.23

30.4.22

£

£

Bank loans

2,145

6,311