Company Registration No. 9296565 (England and Wales)
KF ONLINE LTD
Unaudited accounts
for the year ended 30 November 2019
KF ONLINE LTD
Unaudited accounts
Contents
KF ONLINE LTD
Company Information
for the year ended 30 November 2019
Directors
Kevin FISHER
Jenna FISHER
Company Number
9296565 (England and Wales)
Registered Office
Lakeside Offices The Old Cattle Market
Coronation Park
Helston
Cornwall
TR13 0SR
United Kingdom
Accountants
BRENDAN THOMAS
BUMBLE BEE ACCOUNTANCY LTD
12 WENDRON STREET
HELSTON
CORNWALL
TR13 8PS
KF ONLINE LTD
Statement of financial position
as at
30 November 2019
Tangible assets
39,649
43,306
Inventories
25,000
25,000
Cash at bank and in hand
148,507
246,218
Creditors: amounts falling due within one year
63,367
36,389
Net current assets
462,768
308,483
Net assets
502,417
351,789
Called up share capital
100
100
Profit and loss account
502,317
351,689
Shareholders' funds
502,417
351,789
For the year ending 30 November 2019 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 25 February 2020.
Kevin FISHER
Director
Company Registration No. 9296565
KF ONLINE LTD
Notes to the Accounts
for the year ended 30 November 2019
KF ONLINE LTD is a private company, limited by shares, registered in England and Wales, registration number 9296565. The registered office is Lakeside Offices The Old Cattle Market, Coronation Park, Helston, Cornwall, TR13 0SR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straightline Basis over 3 yeara
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 December 2018
125,000
At 30 November 2019
125,000
At 1 December 2018
125,000
At 30 November 2019
125,000
KF ONLINE LTD
Notes to the Accounts
for the year ended 30 November 2019
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 December 2018
60,377
At 30 November 2019
75,872
At 1 December 2018
17,071
Charge for the year
19,152
At 30 November 2019
36,223
At 30 November 2019
39,649
At 30 November 2018
43,306
Finished goods
25,000
25,000
8
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
42,923
24,940
Loans from directors
(106,290)
(61,752)
9
Average number of employees
During the year the average number of employees was 0 (2018: 0).