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Company Registration No. 06979107 (England and Wales)
KS Stairlifts Limited Unaudited accounts for the year ended 31 March 2023
KS Stairlifts Limited Unaudited accounts Contents
Page
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KS Stairlifts Limited Company Information for the year ended 31 March 2023
Directors
Kevin Patrick Smith Lesley Marion Smith
Secretary
Lesley Marion Smith
Company Number
06979107 (England and Wales)
Registered Office
33 Gloucester Road Newton Abbot Devon TQ12 1AY
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons) South Devon Accounting Ltd 6 Orchard Close Ogwell Newton Abbot TQ12 6AL
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KS Stairlifts Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,625 
11,125 
Tangible assets
10,468 
8,962 
20,093 
20,087 
Current assets
Debtors
46,331 
20,408 
Cash at bank and in hand
(1,954)
1,571 
44,377 
21,979 
Creditors: amounts falling due within one year
(59,751)
(35,001)
Net current liabilities
(15,374)
(13,022)
Total assets less current liabilities
4,719 
7,065 
Creditors: amounts falling due after more than one year
(1,349)
(4,047)
Net assets
3,370 
3,018 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,270 
2,918 
Shareholders' funds
3,370 
3,018 
For the year ending 31 March 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 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 9 October 2023 and were signed on its behalf by
Kevin Patrick Smith Director Company Registration No. 06979107
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KS Stairlifts Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
KS Stairlifts Limited is a private company, limited by shares, registered in England and Wales, registration number 06979107. The registered office is 33 Gloucester Road, Newton Abbot, Devon, TQ12 1AY.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% Reducing Balance Basis
Motor vehicles
25% Reducing Balance Basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
30,000 
At 31 March 2023
30,000 
Amortisation
At 1 April 2022
18,875 
Charge for the year
1,500 
At 31 March 2023
20,375 
Net book value
At 31 March 2023
9,625 
At 31 March 2022
11,125 
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KS Stairlifts Limited Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
9,715 
13,995 
23,710 
Additions
- 
4,995 
4,995 
At 31 March 2023
9,715 
18,990 
28,705 
Depreciation
At 1 April 2022
8,625 
6,123 
14,748 
Charge for the year
272 
3,217 
3,489 
At 31 March 2023
8,897 
9,340 
18,237 
Net book value
At 31 March 2023
818 
9,650 
10,468 
At 31 March 2022
1,090 
7,872 
8,962 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
6,943 
177 
Trade debtors
36,688 
17,531 
Accrued income and prepayments
1,270 
1,270 
Other debtors
1,430 
1,430 
46,331 
20,408 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
2,699 
2,699 
Trade creditors
28,982 
7,625 
Taxes and social security
2,554 
1,017 
Other creditors
2,773 
1,898 
Loans from directors
22,043 
21,112 
Accruals
700 
650 
59,751 
35,001 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
1,349 
4,047 
9
Average number of employees
During the year the average number of employees was 3 (2022: 2).
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