2023-07-01 2024-02-29 false No description of principal activity Capium Accounts Production 1.1 09636738 bus:AbridgedAccounts 2023-07-01 2024-02-29 09636738 bus:FRS102 2023-07-01 2024-02-29 09636738 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-02-29 09636738 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-02-29 09636738 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-02-29 09636738 2023-07-01 2024-02-29 09636738 2024-02-29 09636738 bus:RegisteredOffice 2023-07-01 2024-02-29 09636738 core:WithinOneYear 2024-02-29 09636738 core:AfterOneYear 2024-02-29 09636738 bus:Director1 2023-07-01 2024-02-29 09636738 bus:Director1 2024-02-29 09636738 bus:Director1 2022-07-01 2023-06-30 09636738 2022-07-01 09636738 bus:CompanySecretary1 2023-07-01 2024-02-29 09636738 bus:LeadAgentIfApplicable 2023-07-01 2024-02-29 09636738 2022-07-01 2023-06-30 09636738 2023-06-30 09636738 core:WithinOneYear 2023-06-30 09636738 core:AfterOneYear 2023-06-30 09636738 bus:EntityAccountantsOrAuditors 2022-07-01 2023-06-30 09636738 core:PlantMachinery 2023-07-01 2024-02-29 09636738 core:PlantMachinery 2024-02-29 09636738 core:PlantMachinery 2023-06-30 09636738 core:ComputerEquipment 2023-07-01 2024-02-29 09636738 core:ComputerEquipment 2024-02-29 09636738 core:ComputerEquipment 2023-06-30 09636738 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-02-29 09636738 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-06-30 09636738 core:CostValuation core:Non-currentFinancialInstruments 2024-02-29 09636738 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 09636738 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-02-29 09636738 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-29 09636738 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-29 09636738 core:Non-currentFinancialInstruments 2024-02-29 09636738 core:Non-currentFinancialInstruments 2023-06-30 09636738 core:ShareCapital 2024-02-29 09636738 core:ShareCapital 2023-06-30 09636738 core:RetainedEarningsAccumulatedLosses 2024-02-29 09636738 core:RetainedEarningsAccumulatedLosses 2023-06-30 09636738 dpl:Item1 2023-07-01 09636738 dpl:Item1 2024-02-29 09636738 dpl:Item1 2022-07-01 09636738 dpl:Item1 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 09636738
England and Wales

 

 

 


Abridged Accounts

for the period ended 29 February 2024

for

KS ENERGY LIMITED

 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3   479 
  479 
Current assets      
Debtors 34,292    51,220 
Cash at bank and in hand 9   
34,301    51,220 
Creditors: amount falling due within one year (34,200)   (51,507)
Net current assets 101    (287)
 
Total assets less current liabilities 101    192 
Provisions for liabilities   (91)
Net assets 101    101 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 1    1 
Shareholder's funds 101    101 
 


For the period ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 08 March 2024 and were signed by:


-------------------------------
K J Shears
Director
1
General Information
KS ENERGY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09636738, registration address 7 Beaufort House, Beaufort Court, Sir Thomas Longley Road, Rochester, ME2 4FB.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 20% Reducing Balance
Computer Equipment 20% Reducing Balance
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the period was 1 (2023 : 1).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Computer Equipment   Total
  £   £   £
At 01 July 2023 449    1,151    1,600 
Additions    
Disposals (449)   (1,151)   (1,600)
At 29 February 2024    
Depreciation
At 01 July 2023 219    902    1,121 
Charge for period    
On disposals (219)   (902)   (1,121)
At 29 February 2024    
Net book values
Closing balance as at 29 February 2024    
Opening balance as at 01 July 2023 230    249    479 


4.

Advances and Credits



K J Shears


Current year (2024)
Brought Forward
£
Amount
£
Interest
£
Repaid
£
WrittenOff
£
Waived
£
Carry Forward
£
K J Shears17,255 10,000 27,255 
1725510000027255000
Previous year (2023)
Brought Forward
£
Amount
£
Interest
£
Repaid
£
WrittenOff
£
Waived
£
Carry Forward
£
K J Shears20,317 3,062 17,255 
203170030620017255
2