7 September 2022 false No description of principal activity Taxfiler 2024.1 14341709business:PrivateLimitedCompanyLtd2022-09-072023-12-31 143417092022-09-06 143417092022-09-072023-12-31 14341709business:AuditExemptWithAccountantsReport2022-09-072023-12-31 14341709business:FilletedAccounts2022-09-072023-12-31 143417092023-12-31 14341709business:Director12022-09-072023-12-31 14341709business:Director22022-09-072023-12-31 14341709business:Director32022-09-072023-12-31 14341709business:Director42022-09-072023-12-31 14341709business:RegisteredOffice2022-09-072023-12-31 14341709core:WithinOneYear2023-12-31 14341709core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 14341709core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 14341709core:PreviouslyStatedAmount2023-12-31 14341709business:SmallEntities2022-09-072023-12-31 14341709countries:EnglandWales2022-09-072023-12-31 14341709business:OrdinaryShareClass12022-09-072023-12-31 14341709business:Director112022-09-072023-12-31 14341709business:Director112022-09-06 14341709business:Director112023-12-31 14341709business:Director222022-09-072023-12-31 14341709business:Director222022-09-06 14341709business:Director222023-12-31 14341709business:Director332022-09-072023-12-31 14341709business:Director332022-09-06 14341709business:Director332023-12-31 14341709business:Director442022-09-072023-12-31 14341709business:Director442022-09-06 14341709business:Director442023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14341709 (England and Wales)
Krug Property Solutions Ltd Unaudited accounts for the period from 7 September 2022 to 31 December 2023
Krug Property Solutions Ltd Unaudited accounts Contents
Page
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Krug Property Solutions Ltd Company Information for the period from 7 September 2022 to 31 December 2023
Directors
A J Nicholson E J K Nicholson C S Nicholson Nicholas Baldwin
Company Number
14341709 (England and Wales)
Registered Office
Whittonstall Hall Whittonstall Consett County Durham DH8 9JL United Kingdom
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Krug Property Solutions Ltd Accountants' report
Accountants' report to the board of directors of Krug Property Solutions Ltd on the preparation of the unaudited statutory accounts for the period from 7 September 2022 to 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Krug Property Solutions Ltd for the period from 7 September 2022 to 31 December 2023 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Krug Property Solutions Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Krug Property Solutions Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Krug Property Solutions Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Krug Property Solutions Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Krug Property Solutions Ltd. You consider that Krug Property Solutions Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Krug Property Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 14 February 2024
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Krug Property Solutions Ltd Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Current assets
Cash at bank and in hand
5,874 
Creditors: amounts falling due within one year
(12,114)
Net current liabilities
(6,240)
Net liabilities
(6,240)
Capital and reserves
Called up share capital
100 
Profit and loss account
(6,340)
Shareholders' funds
(6,240)
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2024 and were signed on its behalf by
A J Nicholson Director Company Registration No. 14341709
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Krug Property Solutions Ltd Notes to the Accounts for the period from 7 September 2022 to 31 December 2023
1
Statutory information
Krug Property Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14341709. The registered office is Whittonstall Hall, Whittonstall, Consett, County Durham, DH8 9JL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023 
£ 
Other creditors
598 
Loans from directors
10,742 
Accruals
774 
12,114 
5
Share capital
2023 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
A J Nicholson
Director's loan account
- 
(5,528)
(1,026)
(4,502)
E J K Nicholson
Director's loan account
- 
(6,158)
(26)
(6,132)
C S Nicholson
Director's loan account
- 
(78)
(24)
(54)
Nicholas Baldwin
Director's loan account
- 
(78)
(24)
(54)
- 
(11,842)
(1,100)
(10,742)
7
Average number of employees
During the period the average number of employees was 4.
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