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REGISTERED NUMBER: 08591574 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

KS PRATT & CO LIMITED

KS PRATT & CO LIMITED (REGISTERED NUMBER: 08591574)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


KS PRATT & CO LIMITED (REGISTERED NUMBER: 08591574)

ABRIDGED BALANCE SHEET
31 JULY 2023

2023 2022
£ £
CURRENT ASSETS
Debtors 61,944 64,195
Cash at bank 73 29
62,017 64,224
CREDITORS
Amounts falling due within one year 36,484 38,501
NET CURRENT ASSETS 25,533 25,723
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,533

25,723

CREDITORS
Amounts falling due after more than one
year

6,600

10,200
NET ASSETS 18,933 15,523

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 17,933 14,523
SHAREHOLDERS' FUNDS 18,933 15,523

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

KS PRATT & CO LIMITED (REGISTERED NUMBER: 08591574)

ABRIDGED BALANCE SHEET - continued
31 JULY 2023


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2024 and were signed on its behalf by:




Mr J A Pratt - Director



Mrs K S Pratt - Director


KS PRATT & CO LIMITED (REGISTERED NUMBER: 08591574)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

KS Pratt & Co Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08591574

Registered office: Spitfire House
19 Falcon Court
Preston Farm Ind. Est.
Stockton-on-Tees
TS18 3TU

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

20232022
££
Balance outstanding at start of year63,63973,509
Amounts advanced81,34779,300
Amounts repaid(89,988)(89,170)
Balance outstanding at end of year54,99863,639

All the above advances were interest free and were unsecured, with no fixed repayment terms.

5. RELATED PARTY DISCLOSURES

Included in turnover is a total of £75,518 (2022: £75,410) invoiced to a Limited Liability Partnership in which the directors were members throughout the period.

6. POST BALANCE SHEET EVENTS

Dividends totalling £56,000 were paid in March 2024 from retained profits earned before and after the year end.