2022-10-01 10957407 2023-09-30 10957407 2022-10-01 2023-09-30 10957407 2022-09-30 10957407 2021-10-01 2022-09-30 10957407 uk-core:WithinOneYear 2022-09-30 10957407 uk-core:WithinOneYear 2023-09-30 10957407 uk-core:AfterOneYear 2022-09-30 10957407 uk-core:AfterOneYear 2023-09-30 10957407 uk-core:ShareCapital 2023-09-30 10957407 uk-core:ShareCapital 2022-09-30 10957407 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 10957407 uk-core:RetainedEarningsAccumulatedLosses 2022-09-30 10957407 uk-bus:Director1 2022-10-01 2023-09-30 10957407 uk-bus:Director2 2022-10-01 2023-09-30 10957407 uk-core:ComputerEquipment 2022-10-01 2023-09-30 10957407 uk-core:FurnitureFittings 2022-10-01 2023-09-30 10957407 uk-core:ComputerEquipment 2022-09-30 10957407 uk-core:FurnitureFittings 2022-09-30 10957407 uk-core:FurnitureFittings 2023-09-30 10957407 uk-core:ComputerEquipment 2023-09-30 10957407 uk-core:WithinOneYear 2023-09-30 10957407 uk-core:WithinOneYear 2022-09-30 10957407 uk-core:AfterOneYear uk-core:Secured 2023-09-30 10957407 uk-core:AfterOneYear uk-core:Secured 2022-09-30 iso4217:GBP xbrli:pure 10957407 uk-bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 10957407 uk-bus:FRS102 2022-10-01 2023-09-30 10957407 uk-bus:FilletedAccounts 2022-10-01 2023-09-30 10957407 uk-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30
Kinetic Alliance Limited
Registered Number:10957407
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2023
Kinetic Alliance Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
10957407
As at 30 September 2023
Kinetic Alliance Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
352
891
2
352
891
Current assets
Trade and other receivables
91,578
77,873
3
72,030
Cash and cash equivalents
30,777
108,650
163,608
Trade and other payables: amounts falling due within one
year
(84,161)
(91,677)
4
79,447
16,973
Net current assets
Total assets less current liabilities
17,325
80,338
Trade and other payables: amounts falling due after more
than one year
(24,000)
(15,000)
5
2,325
Net assets
56,338
Capital and reserves
Called up share capital
300
300
Retained earnings
2,025
56,038
2,325
56,338
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Thomas Roberts Director
Mr Stuart Roberts Director
These financial statements were approved and authorised for issue by the Board on 16 April 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 September 2023
Kinetic Alliance Limited
Notes to the Financial Statements
Statutory Information
Kinetic Alliance Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 10957407.
Registered address:
Office 2C/D
470 Bath Road
Bristol
BS4 3AP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. An appropriate amount is included for work performed during the year but not yet invoiced at the balance sheet date.
Property, plant and equipment
Property, plant and equipment, 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:
33% Straight line
Computer Equipment
20% Straight line
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 30 September 2023
Kinetic Alliance Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 October 2022
9,010
8,689
321
At 30 September 2023
321
8,689
9,010
Provision for depreciation and impairment
At 01 October 2022
8,119
7,916
203
Charge for year
539
474
65
At 30 September 2023
8,658
8,390
268
At 30 September 2023
Net book value
53
299
352
At 30 September 2022
118
773
891
3. Trade and other receivables
2022
2023
£
£
Trade debtors
24,622
83,977
Prepayments and accrued income
5,100
5,100
Amounts owed by directors
36,001
-
Taxation and social security
-
2,501
Other debtors
12,150
-
91,578
77,873
The debtors above include the following amounts falling due after more than one year:
Other debtors
12,150
-
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
9,000
9,000
Taxation and social security
50,852
45,053
Accruals and deferred income
30,944
25,634
Directors' loan accounts
-
4,076
Other creditors
881
398
91,677
84,161
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6
For the year ended 30 September 2023
Kinetic Alliance Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
15,000
24,000
6. Related party transactions
a. Stuart Roberts
A director.
During the year the director received loans of £11955. The loans incur interest at 2.25% and are repayable on
demand
The amount oustanding at the balance sheet date was £11,955 (2021: £0).
b. Thomas Roberts
A director.
During the year the director received loans of £11939. The loans incur interest at 2.25% and are repayable on
demand
The amount oustanding at the balance sheet date was £11,939 (2022: £0).
c. Katharine Vesey
A director.
During the year the director received loans of £12105. The loans incur interest at 2.25% and are repayable on
demand
The amount oustanding at the balance sheet date was £12,105 (2022: £0).
7. Average number of persons employed
During the year the average number of employees was 5 (2022 : 5)
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