Krux London Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 03388153 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2022

for

Krux London Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Kirkham

N Kirkham

REGISTERED OFFICE:

Buckingham House East

Buckingham Parade

Stanmore

HA7 4EB

REGISTERED NUMBER:

03388153 (England and Wales)

ACCOUNTANTS:

Hans Accounting Ltd

Chartered Certified Accountants

Buckingham House East

Buckingham Parade

Stanmore

Middlesex

HA7 4EB

CURRENT ASSETS

Debtors

4

535,389

540,747

Cash at bank

2,010

3,306

537,399

544,053

CREDITORS

Amounts falling due within one year

5

134,073

140,747

NET CURRENT ASSETS

403,326

403,306

TOTAL ASSETS LESS CURRENT LIABILITIES

403,326

403,306

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

403,226

403,206

SHAREHOLDERS' FUNDS

403,326

403,306

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 February 2023 and were signed on its behalf by:

S Kirkham - Director

1.	STATUTORY INFORMATION

Krux London 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 represents amounts receivable for goods and services provided in the normal course of business, net of trade discounts, VAT and other sales related taxes

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 taxation

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 (2021 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

30.6.21

£

£

Trade debtors

425

213

Other debtors

534,964

540,534

535,389

540,747

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

30.6.21

£

£

Taxation and social security

1

-

Other creditors

134,072

140,747

134,073

140,747

6.	RELATED PARTY DISCLOSURES

The following amounts were receivable from/(payable to) at the year end from companies related via common directors:

Notting Hill Limited - £209,750 (2021:£209,750)

The Old Tannery (Holt) Limited - £270,750 (2021:£270,750)

The Cut Coffee Ltd - £420 (2021:£420)

Porchester Road Ltd - £480 (2021:£480)