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REGISTERED NUMBER: 13396400 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 May 2023

for

KLIPPED UK LIMITED

KLIPPED UK LIMITED (REGISTERED NUMBER: 13396400)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


KLIPPED UK LIMITED

Company Information
for the Year Ended 31 May 2023







DIRECTOR: D M Neifeld





REGISTERED OFFICE: 18 Whitehall Close
Borehamwood
WD6 1GL





REGISTERED NUMBER: 13396400 (England and Wales)





ACCOUNTANTS: Trustige Limited
4th Floor, Portman House,
2 Portman Street
London
W1H 6DU

KLIPPED UK LIMITED (REGISTERED NUMBER: 13396400)

Report of the Director
for the Year Ended 31 May 2023

The director presents his report with the financial statements of the company for the year ended 31 May 2023.

DIRECTOR
D M Neifeld held office during the whole of the period from 1 June 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





D M Neifeld - Director


11 February 2024

KLIPPED UK LIMITED (REGISTERED NUMBER: 13396400)

Income Statement
for the Year Ended 31 May 2023

Period
14.5.21
Year Ended to
31.5.23 31.5.22
Notes £    £   

TURNOVER - 1,442

Cost of sales - 865
GROSS PROFIT - 577

Administrative expenses 280 257
(280 ) 320

Other operating income 21 -
OPERATING (LOSS)/PROFIT and
(LOSS)/PROFIT BEFORE TAXATION (259 ) 320

Tax on (loss)/profit - 61
(LOSS)/PROFIT FOR THE FINANCIAL
YEAR

(259

)

259

KLIPPED UK LIMITED (REGISTERED NUMBER: 13396400)

Balance Sheet
31 May 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 1,000 1,000
Cash at bank - 1,384
1,000 2,384
CREDITORS
Amounts falling due within one year 6 - 1,125
NET CURRENT ASSETS 1,000 1,259
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,000

1,259

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings - 259
1,000 1,259

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 11 February 2024 and were signed by:





D M Neifeld - Director


KLIPPED UK LIMITED (REGISTERED NUMBER: 13396400)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Klipped UK 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.

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

Taxation
Taxation for the year 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.

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 year 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 year was NIL (2022 - NIL).

4. EXCEPTIONAL ITEMS
Period
14.5.21
Year Ended to
31.5.23 31.5.22
£    £   
Exceptional items 21 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,000 1,000

KLIPPED UK LIMITED (REGISTERED NUMBER: 13396400)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 864
Taxation and social security - 61
Other creditors - 200
- 1,125