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COMPANY REGISTRATION NUMBER: 13405526
Kimm & Miller (Holdings) Ltd
Filleted Unaudited Financial Statements
For the year ended
28 February 2023
Kimm & Miller (Holdings) Ltd
Financial Statements
Year ended 28 February 2023
Contents
Page
Officers and professional advisers
1
Statement of financial position
2
Notes to the financial statements
3
Kimm & Miller (Holdings) Ltd
Officers and Professional Advisers
THE BOARD OF DIRECTORS
D A Kimm
R M Kimm
D A Reich
REGISTERED OFFICE
Unit E
Bedford Business Centre
Mile Road
Bedford
MK42 9TW
ACCOUNTANTS
Streets
Chartered Accountants
Potton House
Wyboston Lakes
Great North Road
Wyboston
Bedford
MK44 3BZ
Kimm & Miller (Holdings) Ltd
Statement of Financial Position
28 February 2023
2023
2022
Note
£
£
Fixed assets
Investments
5
2,328,080
2,328,000
Creditors: amounts falling due within one year
6
129,413
258,667
---------
---------
Net current liabilities
129,413
258,667
------------
------------
Total assets less current liabilities
2,198,667
2,069,333
------------
------------
Capital and reserves
Called up share capital
500
500
Merger reserve
1,939,500
1,939,500
Profit and loss account
258,667
129,333
------------
------------
Shareholders funds
2,198,667
2,069,333
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 22 November 2023 , and are signed on behalf of the board by:
D A Kimm
R M Kimm
Director
Director
Company registration number: 13405526
Kimm & Miller (Holdings) Ltd
Notes to the Financial Statements
Year ended 28 February 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit E, Bedford Business Centre, Mile Road, Bedford, MK42 9TW.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting periods
In the comparative period reflect the company having been formed on 18 May 2021, with business commencing activities on 30 November 2021.
4. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 399 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
5. Investments
Shares in group undertakings
£
Cost
At 1 March 2022
2,328,000
Additions
80
------------
At 28 February 2023
2,328,080
------------
Impairment
At 1 March 2022 and 28 February 2023
------------
Carrying amount
At 28 February 2023
2,328,080
------------
At 28 February 2022
2,328,000
------------
The company owns the following group undertakings:
Kimm & Miller (UK) Ltd, 100%, registered in England & Wales.
Kimm & Miller (Online) Ltd, 80%, registered in England & Wales.
Elite Idea Enterprises Ltd, 100%, registered in BVI.
Kimm & MIller (Hong Kong) Ltd, 100% indirectly, registered in Hong Kong.
6. Creditors: amounts falling due within one year
2023
2022
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
80
Other creditors
129,333
258,667
---------
---------
129,413
258,667
---------
---------
7. Related party transactions
At the reporting date the company owed £80 to Kimm & Miller (Online) Ltd, in respect of unpaid share capital .
8. Controlling party
The ultimate controlling parties are D A Reich , R M Kimm and D A Kimm . The Registered Office address is Unit E, Bedford Business Centre, Mile Road, Bedford, MK42 9TW.