Company Registration No. 11577815 (England and Wales)
Kyralex Limited
Unaudited accounts
for the year ended 30 September 2021
Kyralex Limited
Unaudited accounts
Contents
Kyralex Limited
Company Information
for the year ended 30 September 2021
Directors
Ashraf Khir
Rafik Hebeish
Company Number
11577815 (England and Wales)
Registered Office
153 SPENCER ROAD
ISLEWORTH
TW7 4BW
ENGLAND
Kyralex Limited
Statement of financial position
as at
30 September 2021
Investment property
799,502
385,704
Cash at bank and in hand
3,206
9,237
Creditors: amounts falling due within one year
-
(1,830)
Net current assets
3,206
7,407
Total assets less current liabilities
802,798
393,111
Creditors: amounts falling due after more than one year
(797,052)
(382,536)
Called up share capital
100
100
Profit and loss account
5,646
10,475
Shareholders' funds
5,746
10,575
For the year ending 30 September 2021 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.
The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2022 and were signed on its behalf by
Rafik Hebeish
Director
Company Registration No. 11577815
Kyralex Limited
Notes to the Accounts
for the year ended 30 September 2021
Kyralex Limited is a private company, limited by shares, registered in England and Wales, registration number 11577815. The registered office is 153 SPENCER ROAD, ISLEWORTH, TW7 4BW, ENGLAND.
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
20% straight line
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
5
Investment property
2021
Fair value at 1 October 2020
385,704
At 30 September 2021
799,502
Kyralex Limited
Notes to the Accounts
for the year ended 30 September 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
-
1,830
7
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
591,965
292,000
Loans from directors
203,337
90,536
8
Share capital
2021
2020
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2020: 0).