Company Registration No. 13416050 (England and Wales)
KAYLO + CO. LTD
Unaudited accounts
for the year ended 30 June 2023
KAYLO + CO. LTD
Unaudited accounts
Contents
KAYLO + CO. LTD
Company Information
for the year ended 30 June 2023
Company Number
13416050 (England and Wales)
Registered Office
49 WOODVILLE ROAD
KINGS HEATH
BIRMINGHAM
B14 7AH
ENGLAND
Accountants
Annette & Co.
28 Kittlegairy Crescent
Peebles
EH45 9NJ
KAYLO + CO. LTD
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
925
14,092
Creditors: amounts falling due within one year
(1,393)
(5,802)
Net current (liabilities)/assets
(468)
8,509
Total assets less current liabilities
272
9,438
Creditors: amounts falling due after more than one year
-
(8,000)
Called up share capital
10
10
Profit and loss account
262
1,428
Shareholders' funds
272
1,438
For the year ending 30 June 2023 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 director acknowledges her 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 and authorised for issue on 19 October 2023 and were signed on its behalf by
KERRY LYONS
Director
Company Registration No. 13416050
KAYLO + CO. LTD
Notes to the Accounts
for the year ended 30 June 2023
KAYLO + CO. LTD is a private company, limited by shares, registered in England and Wales, registration number 13416050. The registered office is 49 WOODVILLE ROAD, KINGS HEATH, BIRMINGHAM, B14 7AH, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
20% Straight Line Method
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
KAYLO + CO. LTD
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due after more than one year
Accrued income and prepayments
-
219
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
42
3,260
Loans from directors
1,340
645
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
10 KERRY LYONS of £1 each
10
10
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).