REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 |
FOR |
KS PRATT & CO LIMITED |
REGISTERED NUMBER: |
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 |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 |
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 |
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 |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
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: |
2023 | 2022 |
£ | £ |
Balance outstanding at start of year | 63,639 | 73,509 |
Amounts advanced | 81,347 | 79,300 |
Amounts repaid | (89,988 | ) | (89,170 | ) |
Balance outstanding at end of year | 54,998 | 63,639 |
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. |