Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity2022-04-01false22true 08375740 2022-04-01 2023-03-31 08375740 2023-03-31 08375740 2021-04-01 2022-03-31 08375740 2022-03-31 08375740 c:Director1 2022-04-01 2023-03-31 08375740 c:RegisteredOffice 2022-04-01 2023-03-31 08375740 d:MotorVehicles 2022-04-01 2023-03-31 08375740 d:MotorVehicles 2023-03-31 08375740 d:MotorVehicles 2022-03-31 08375740 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08375740 d:FurnitureFittings 2022-04-01 2023-03-31 08375740 d:FurnitureFittings 2023-03-31 08375740 d:FurnitureFittings 2022-03-31 08375740 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08375740 d:ComputerEquipment 2022-04-01 2023-03-31 08375740 d:ComputerEquipment 2023-03-31 08375740 d:ComputerEquipment 2022-03-31 08375740 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08375740 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08375740 d:CurrentFinancialInstruments 2023-03-31 08375740 d:CurrentFinancialInstruments 2022-03-31 08375740 d:Non-currentFinancialInstruments 2023-03-31 08375740 d:Non-currentFinancialInstruments 2022-03-31 08375740 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08375740 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 08375740 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 08375740 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 08375740 d:ShareCapital 2023-03-31 08375740 d:ShareCapital 2022-03-31 08375740 d:RetainedEarningsAccumulatedLosses 2023-03-31 08375740 d:RetainedEarningsAccumulatedLosses 2022-03-31 08375740 c:FRS102 2022-04-01 2023-03-31 08375740 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08375740 c:FullAccounts 2022-04-01 2023-03-31 08375740 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08375740 d:HirePurchaseContracts d:WithinOneYear 2023-03-31 08375740 d:HirePurchaseContracts d:WithinOneYear 2022-03-31 08375740 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-03-31 08375740 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-03-31 iso4217:GBP xbrli:pure
Company registration number: 08375740







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2023


KSL CORPORATE LIMITED






































img41b9.png                        

 


KSL CORPORATE LIMITED
 


 
COMPANY INFORMATION


Director
Mr J Lack 




Registered number
08375740



Registered office
Lynt House
Lynt Farm Lane

Inglesham

Wiltshire

United Kingdom

SN6 7QZ




Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG





 


KSL CORPORATE LIMITED
REGISTERED NUMBER:08375740



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 4 
97,007
135,693

  
97,007
135,693

Current assets
  

Debtors: amounts falling due within one year
 5 
352,369
420,794

Cash at bank and in hand
  
167
4,220

  
352,536
425,014

Creditors: amounts falling due within one year
 6 
(307,174)
(292,321)

Net current assets
  
 
 
45,362
 
 
132,693

Total assets less current liabilities
  
142,369
268,386

Creditors: amounts falling due after more than one year
 7 
(106,061)
(143,902)

  

Net assets
  
36,308
124,484


Capital and reserves
  

Called up share capital 
  
250
250

Profit and loss account
  
36,058
124,234

  
36,308
124,484


Page 1

 


KSL CORPORATE LIMITED
REGISTERED NUMBER:08375740


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


................................................
Mr J Lack
Director

Date: 5 February 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


KSL CORPORATE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

KSL Corporate Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page. There is no principal place of business. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. 
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
33%
reducing balance
Computer equipment
-
33%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 3

 


KSL CORPORATE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2022
82,970
100,950
1,425
185,345


Additions
-
-
1,071
1,071



At 31 March 2023

82,970
100,950
2,496
186,416



Depreciation


At 1 April 2022
17,285
32,010
357
49,652


Charge for the year on owned assets
16,421
22,980
356
39,757



At 31 March 2023

33,706
54,990
713
89,409



Net book value



At 31 March 2023
49,264
45,960
1,783
97,007



At 31 March 2022
65,685
68,940
1,068
135,693


5.


Debtors

2023
2022
£
£


Trade debtors
312,369
315,935

Other debtors
-
6,109

Prepayments and accrued income
40,000
98,750

352,369
420,794


Page 4

 


KSL CORPORATE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
20,888
17,382

Bank loans
32,000
27,000

Trade creditors
95,550
98,391

Corporation tax
75,131
64,242

Other taxation and social security
69,534
72,039

Obligations under finance lease and hire purchase contracts
11,341
10,599

Other creditors
1,230
1,518

Accruals and deferred income
1,500
1,150

307,174
292,321



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
53,334
79,834

Net obligations under finance leases and hire purchase contracts
52,727
64,068

106,061
143,902



8.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
11,341
10,599

Between 1-5 years
52,727
64,068

64,068
74,667

 
Page 5