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REGISTERED NUMBER: 08057512 (England and Wales)





















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: Mrs S McGreevy





SECRETARIES: Mrs S McGreevy
Mr E McGreevy





REGISTERED OFFICE: 141-145 Bohemia Road
St Leonards on Sea
East Sussex
TN37 6RL





REGISTERED NUMBER: 08057512 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
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 2,175,933 2,175,933
2,175,933 2,175,933

CURRENT ASSETS
Debtors 6 47,019 15,080
Cash at bank 87,592 12,337
134,611 27,417
CREDITORS
Amounts falling due within one year 7 415,027 644,735
NET CURRENT LIABILITIES (280,416 ) (617,318 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,895,517

1,558,615

CREDITORS
Amounts falling due after more than one
year

8

(1,604,524

)

(1,324,149

)

PROVISIONS FOR LIABILITIES 10 (17,001 ) (17,001 )
NET ASSETS 273,992 217,465

CAPITAL AND RESERVES
Called up share capital 11 250 200
Special reserve 12 72,479 72,479
Retained earnings 201,263 144,786
SHAREHOLDERS' FUNDS 273,992 217,465

KIAN CONSULTING SUSSEX LTD (REGISTERED NUMBER: 08057512)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 director and authorised for issue on 27 October 2023 and were signed by:





Mrs S McGreevy - Director


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 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 as modified by the revaluation of certain assets.

TURNOVER
Turnover represents net invoiced sales of services, excluding value added tax.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 15% on reducing balance

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 1 (2022 - 1 ) .

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 400
Depreciation
At 1 June 2022
and 31 March 2023 400
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 2,175,933
Net book value
At 31 March 2023 2,175,933
At 31 May 2022 2,175,933

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 10,300 15,080
Other debtors 36,719 -
47,019 15,080

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 3,148 -
Tax 21,223 22,944
Social security and other taxes - 100
Other creditors 295,537 275,851
Directors' current accounts 93,568 344,124
Accruals and deferred income 1,551 1,716
415,027 644,735

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other loans (see note 9) 1,604,524 1,324,149

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

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 17,001
Balance at 31 March 2023 17,001

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: £    £   
150 Ordinary 1 200 150
50 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.