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REGISTERED NUMBER: 11807668 (England and Wales)




















Kinleith Limited

Unaudited Financial Statements

for the Period 1 March 2022 to 30 June 2023






Kinleith Limited (Registered number: 11807668)






Contents of the Financial Statements
for the Period 1 March 2022 to 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kinleith Limited

Company Information
for the Period 1 March 2022 to 30 June 2023







DIRECTOR: Mr J B Craig



REGISTERED OFFICE: 20-22 Wenlock Road
London
N1 7GU



REGISTERED NUMBER: 11807668 (England and Wales)



ACCOUNTANTS: Whitelaw Wells
9 Ainslie Place
Edinburgh
Midlothian
EH3 6AT



BANKERS: Starling Bank
3rd Floor
2 Finsbury Avenue
London
EC2M 2PP

Kinleith Limited (Registered number: 11807668)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 275

CURRENT ASSETS
Debtors 5 881 463
Cash at bank 1,760 7,407
2,641 7,870
CREDITORS
Amounts falling due within one year 6 2,163 1,323
NET CURRENT ASSETS 478 6,547
TOTAL ASSETS LESS CURRENT
LIABILITIES

478

6,822

PROVISIONS FOR LIABILITIES - 78
NET ASSETS 478 6,744

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 458 6,724
478 6,744

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Kinleith Limited (Registered number: 11807668)

Balance Sheet - continued
30 June 2023


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 13 October 2023 and were signed by:





Mr J B Craig - Director


Kinleith Limited (Registered number: 11807668)

Notes to the Financial Statements
for the Period 1 March 2022 to 30 June 2023

1. STATUTORY INFORMATION

Kinleith 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.

The company has ceased trading and therefore the financial statements have been prepared on a break-up basis.

Turnover and revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents provision of consultancy and management services is recognised on completion of services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

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 balance sheet date.


Kinleith Limited (Registered number: 11807668)

Notes to the Financial Statements - continued
for the Period 1 March 2022 to 30 June 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
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 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 NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 550
Additions 1,234
Disposals (1,784 )
At 30 June 2023 -
DEPRECIATION
At 1 March 2022 275
Charge for period 480
Eliminated on disposal (755 )
At 30 June 2023 -
NET BOOK VALUE
At 30 June 2023 -
At 28 February 2022 275

Kinleith Limited (Registered number: 11807668)

Notes to the Financial Statements - continued
for the Period 1 March 2022 to 30 June 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 194
Other debtors 881 269
881 463

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 2,163 1,323

The director's current account is unsecured, interest free and has no fixed repayment period.