Company Registration No. 09415856 (England and Wales)
KASH GENERATOR LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
PAGES FOR FILING WITH REGISTRAR
KASH GENERATOR LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
KASH GENERATOR LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF KASH GENERATOR LIMITED FOR THE YEAR ENDED 31 JULY 2023
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kash Generator Limited for the year ended 31 July 2023 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Kash Generator Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kash Generator Limited and state those matters that we have agreed to state to the Board of Directors of Kash Generator Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kash Generator Limited and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Kash Generator Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Kash Generator Limited. You consider that Kash Generator Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Kash Generator Limited. 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 financial statements.
Ormerod Rutter Limited
23 October 2023
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
KASH GENERATOR LIMITED
BALANCE SHEET
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2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
21,015
21,015
Current assets
Debtors
4
14,245
14,245
Cash at bank and in hand
100
100
14,345
14,345
Creditors: amounts falling due within one year
5
(35,260)
(35,260)
Net current liabilities
(20,915)
(20,915)
Total assets less current liabilities
100
100
Capital and reserves
Called up share capital
6
100
100
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 July 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 23 October 2023 and are signed on its behalf by:
Mr S M Bradbury
Mrs K E Bradbury
Director
Director
Company Registration No. 09415856
KASH GENERATOR LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
- 3 -
1
Accounting policies
Company information
Kash Generator Limited is a private company limited by shares incorporated in England and Wales. The registered office is King John's Gallery, King John's Island, Mythe Road, Tewkesbury, Gloucestershire, GL20 6EB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 2 (2022 - 2).
3
Fixed asset investments
2023
2022
£
£
Investments
21,015
21,015
KASH GENERATOR LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
3
Fixed asset investments
(Continued)
- 4 -
Movements in fixed asset investments
Shares in group undertakings and participating interests
£
Cost or valuation
At 1 August 2022 & 31 July 2023
21,015
Carrying amount
At 31 July 2023
21,015
At 31 July 2022
21,015
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
14,245
14,245
5
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
35,260
35,260
6
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
45 Ordinary A of £1 each
45
45
45 Ordinary B of £1 each
45
45
5 Ordinary C of £1 each
5
5
5 Ordinary D of £1 each
5
5
100
100
7
Ultimate controlling party
The ultimate controlling party is Mr S M Bradbury and Mrs K E Bradbury.