REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 JUNE 2022 TO 31 MARCH 2023 |
FOR |
KIAN CONSULTING SUSSEX LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 JUNE 2022 TO 31 MARCH 2023 |
FOR |
KIAN CONSULTING SUSSEX LTD |
KIAN CONSULTING SUSSEX LTD (REGISTERED NUMBER: 08057512) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JUNE 2022 TO 31 MARCH 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
KIAN CONSULTING SUSSEX LTD |
COMPANY INFORMATION |
FOR THE PERIOD 1 JUNE 2022 TO 31 MARCH 2023 |
DIRECTOR: |
SECRETARIES: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Unit 2.02 |
High Weald House |
Glovers End |
Bexhill |
East Sussex |
TN39 5ES |
KIAN CONSULTING SUSSEX LTD (REGISTERED NUMBER: 08057512) |
STATEMENT OF FINANCIAL POSITION |
31 MARCH 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 11 |
Special reserve | 12 |
Retained earnings |
SHAREHOLDERS' FUNDS |
KIAN CONSULTING SUSSEX LTD (REGISTERED NUMBER: 08057512) |
STATEMENT OF FINANCIAL POSITION - continued |
31 MARCH 2023 |
The director acknowledges her 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
KIAN CONSULTING SUSSEX LTD (REGISTERED NUMBER: 08057512) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JUNE 2022 TO 31 MARCH 2023 |
1. | STATUTORY INFORMATION |
Kian Consulting Sussex Ltd is a |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
TURNOVER |
Turnover represents net invoiced sales of services, excluding value added tax. |
TANGIBLE FIXED ASSETS |
Computer equipment | - |
INVESTMENT PROPERTY |
Investment property is shown at cost. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
TAXATION |
Taxation for the period 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 statement of financial position date. |
DEFERRED TAX |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was |
KIAN CONSULTING SUSSEX LTD (REGISTERED NUMBER: 08057512) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JUNE 2022 TO 31 MARCH 2023 |
4. | PROPERTY, PLANT AND EQUIPMENT |
Computer |
equipment |
£ |
Cost |
At 1 June 2022 |
and 31 March 2023 |
Depreciation |
At 1 June 2022 |
and 31 March 2023 |
Net book value |
At 31 March 2023 |
At 31 May 2022 |
5. | INVESTMENT PROPERTY |
Total |
£ |
Cost or valuation |
At 1 June 2022 |
and 31 March 2023 |
Net book value |
At 31 March 2023 |
At 31 May 2022 |
Cost or valuation at 31 March 2023 is represented by: |
£ |
Valuation in 2020 | 54,480 |
Valuation in 2021 | 35,000 |
Cost | 2,086,453 |
2,175,933 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
KIAN CONSULTING SUSSEX LTD (REGISTERED NUMBER: 08057512) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JUNE 2022 TO 31 MARCH 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
Other creditors |
Directors' current accounts | 93,568 | 344,124 |
Accruals and deferred income |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Other loans (see note 9) |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Other loans more 5yrs non-inst |
9. | LOANS |
An analysis of the maturity of loans is given below: |
2023 | 2022 |
£ | £ |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Other loans more 5yrs non-inst | 1,604,524 | 1,324,149 |
10. | PROVISIONS FOR LIABILITIES |
2023 | 2022 |
£ | £ |
Deferred tax | 17,001 | 17,001 |
Deferred |
tax |
£ |
Balance at 1 June 2022 |
Balance at 31 March 2023 |
KIAN CONSULTING SUSSEX LTD (REGISTERED NUMBER: 08057512) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JUNE 2022 TO 31 MARCH 2023 |
11. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | 1 | 200 | 150 |
Ordinary B | 1 | 50 | 50 |
250 | 200 |
During the year 50 Ordinary £1 shares were issued at par. |
12. | RESERVES |
SPECIAL RESERVE |
The special reserves comprise the balance of revaluations relating to the investment property net of deferred tax on the gain. This reserve is non-distributable. |
PROFIT AND LOSS ACCOUNT |
The profit and loss account comprise the balance of profits accumulated over the life of the company. This reserve is distributable. |