KINGSTOWN CLIPPERS LTD

Company Registration Number:
14585059 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 11 January 2023

End date: 31 January 2024

KINGSTOWN CLIPPERS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

KINGSTOWN CLIPPERS LTD

Company Information

for the Period Ended 31 January 2024




Director: Christian Attwood
Registered office: 124
Richmond Way
Kingswood
Kingston Upon Hull
GBR
HU7 3AB
Company Registration Number: 14585059 (England and Wales)

KINGSTOWN CLIPPERS LTD

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

the overall running of the company, including service provision.

Political and charitable donations

during the Christmas period, I (Christian) spent money from my own income to purchase items to give away to members of the community believed to have special educational needs, however, these tax books do not reflect the amount of money spent on these items, or take that into consideration what so ever.

Company policy on the employment of disabled persons

currently we have no employees and do not intend to in the coming years, however, should this be the case, the company will do our utmost to be inclusive and make adjustments where possible.

Additional information

These tax records include the overall income of the company throughout the 12 months of trading, and the basic costs of running the business, including the necessary equipment. This is because i believe this is what is required of me.

Directors

The director(s) shown below were appointed to the company during the period
Christian Attwood
11 January 2023

This report was approved by the board of directors on 1 February 2024
And Signed On Behalf Of The Board By:

Name: Christian Attwood
Status: Director

KINGSTOWN CLIPPERS LTD

Profit and Loss Account

for the Period Ended 31 January 2024


Notes
13 months to
31 Jan 2024
£
Turnover 1,335
Cost of sales ( 1,287 )
Gross Profit or (Loss) 48
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 0 )
Administrative Expenses ( 0 )
Other operating income 0
Operating Profit or (Loss) 48
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax 48
Tax on Profit ( 10 )
Profit or (Loss) for Period 38

The notes form part of these financial statements

KINGSTOWN CLIPPERS LTD

Balance sheet

As at 31 January 2024


Notes
13 months to
31 Jan 2024
£
Fixed assets
Tangible assets: 4 970
Total fixed assets: 970
Current assets
Total assets less current liabilities: 970
Total net assets (liabilities): 970

The notes form part of these financial statements

KINGSTOWN CLIPPERS LTD

Balance sheet continued

As at 31 January 2024


Notes
13 months to
31 Jan 2024
£
Capital and reserves
Called up share capital: 970
Shareholders funds: 970

For the year ending 31 January 2024 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 1 February 2024
And Signed On Behalf Of The Board By:

Name: Christian Attwood
Status: Director

The notes form part of these financial statements

KINGSTOWN CLIPPERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 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

    Other accounting policies

    my policy has been to provide the sales figures of the company, and the equipment the company requires to operate costs. the sales figures - the costs of running the business is the final figure of 'profit'

KINGSTOWN CLIPPERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    13 months to
    31 Jan 2024
    Average number of employees during the period 0

KINGSTOWN CLIPPERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

KINGSTOWN CLIPPERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible assets

Office equipment Total
Cost £ £
Additions 970 970
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 970 970
Depreciation
Charge for year - -
On disposals - -
Other adjustments - -
At 31 January 2024 - -
Net book value
At 31 January 2024 970 970

The £1 value does not reflect the true cost of the machinery i have purchased this year for the running of the business. i have in-fact spent £970 this year, however the service would not allow me to input this figure as it adjusted the shares value which had been sold this year, and, as i have not sold any shares in the company (the only share in the company is that of my own, which i began with £1) i do not believe it to be appropriate for that £970 to be the share value for the year, as that was a capital investment which has since been paid back through the business.