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REGISTERED NUMBER: 14090173 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 6 MAY 2022 TO 31 MAY 2023

FOR

KYMO LTD

KYMO LTD (REGISTERED NUMBER: 14090173)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 MAY 2022 TO 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

KYMO LTD

COMPANY INFORMATION
FOR THE PERIOD 6 MAY 2022 TO 31 MAY 2023







DIRECTOR: M Coombes





REGISTERED OFFICE: 7 Lilac Grove
Wednesbury
WS10 0BW





REGISTERED NUMBER: 14090173 (England and Wales)





ACCOUNTANTS: Bytheway & Co Accountants Ltd
Heame House
23 Bilston Street
Sedgley
Dudley
West Midlands
DY3 1JA

KYMO LTD (REGISTERED NUMBER: 14090173)

BALANCE SHEET
31 MAY 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 23,988

CURRENT ASSETS
Debtors 5 11,700
Cash at bank 3,181
14,881
CREDITORS
Amounts falling due within one year 6 22,080
NET CURRENT LIABILITIES (7,199 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,789

CREDITORS
Amounts falling due after more than one
year

7

15,946
NET ASSETS 843

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 842
843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KYMO LTD (REGISTERED NUMBER: 14090173)

BALANCE SHEET - continued
31 MAY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 February 2024 and were signed by:





M Coombes - Director


KYMO LTD (REGISTERED NUMBER: 14090173)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 MAY 2022 TO 31 MAY 2023

1. STATUTORY INFORMATION

Kymo Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

KYMO LTD (REGISTERED NUMBER: 14090173)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 MAY 2022 TO 31 MAY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 32,085
At 31 May 2023 32,085
DEPRECIATION
Charge for period 8,097
At 31 May 2023 8,097
NET BOOK VALUE
At 31 May 2023 23,988

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 11,700

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 4,595
Hire purchase contracts 7,003
Trade creditors 3,078
Taxation and social security 2,416
Other creditors 4,988
22,080

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Hire purchase contracts 15,946

KYMO LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
KYMO LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 May 2023 set out on pages one to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Bytheway & Co Accountants Ltd
Heame House
23 Bilston Street
Sedgley
Dudley
West Midlands
DY3 1JA


6 February 2024