Registered number: 05568361 | ||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||
Kinloch Ward Financial Services Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
Bruce Kinloch | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05568361 | ||||||||
Kinloch Ward Financial Services Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/11/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Kinloch Ward Financial Services Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
17,167 | 12,781 | |||||||||
CREDITORS: Amounts falling due within one year | 3 | |||||||||
NET CURRENT ASSETS / (LIABILITIES) | (174) | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 | |||||||||
Profit and loss account | 1,677 | (6) | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Kinloch Ward Financial Services Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | straight line 20% |
1c. Pension Costs | ||||||||
The company pays into a personal pension scheme on the behalf of the director and members of staff. The pension charge represents the amounts payable by the company to the scheme in respect of the year. |
2. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 01/12/2022 | 6,039 | 6,039 | ||
Additions | 2,099 | 2,099 | ||
At 30/11/2023 | 8,138 | 8,138 | ||
Depreciation | ||||
At 01/12/2022 | 5,851 | 5,851 | ||
For the year | 608 | 608 | ||
At 30/11/2023 | 6,459 | 6,459 | ||
Net Book Amounts | ||||
At 30/11/2023 | 1,679 | |||
At 30/11/2022 | 188 | |||
Kinloch Ward Financial Services Limited | ||||||||
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 16,649 | 12,480 | ||||||
Accruals | 500 | 475 | ||||||
17,149 | 12,955 | |||||||
4. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
5. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
20 | 20 | |||||||
20 | 20 | |||||||
6. OTHER FINANCIAL COMMITMENTS | ||||||||
At 30/11/2023 the company was committed to making the following payments under non-cancellable operating leases: | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Operating Leases which expire: | ||||||||
Within two to five years | 61,875 | 78,375 | ||||||