K S Y MOTORS LTD

Company Registration Number:
10856517 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

K S Y MOTORS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

K S Y MOTORS LTD

Company Information

for the Period Ended 31 July 2023




Director: Mr Kyle Young
Registered office: 47
Morris Close
Boughton Monchelsea
Maidstone
GBR
ME17 4UW
Company Registration Number: 10856517 (England and Wales)

K S Y MOTORS LTD

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 77,026 53,600
Cash at bank and in hand: 93,953 96,498
Total current assets: 170,979 150,098
Creditors: amounts falling due within one year: 5 ( 61,360 ) ( 64,691 )
Net current assets (liabilities): 109,619 85,407
Total assets less current liabilities: 109,619 85,407
Total net assets (liabilities): 109,619 85,407

The notes form part of these financial statements

K S Y MOTORS LTD

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 109,519 85,307
Shareholders funds: 109,619 85,407

For the year ending 31 July 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 2 April 2024
And Signed On Behalf Of The Board By:

Name: Mr Kyle Young
Status: Director

The notes form part of these financial statements

K S Y MOTORS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

K S Y MOTORS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

K S Y MOTORS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

K S Y MOTORS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Dividends


2023
£

2022
£
Dividends paid 1,000 2,000

K S Y MOTORS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 9,437 12,348
Trade creditors 400 400
Taxation and social security 5,914 11,420
Other creditors 45,609 40,523
Total 61,360 64,691