IRIS Accounts Production v23.3.1.45 13373426 director 1.6.22 31.5.23 31.5.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh133734262022-05-31133734262023-05-31133734262022-06-012023-05-31133734262021-05-03133734262021-05-042022-05-31133734262022-05-3113373426ns10:Originalns15:EnglandWales2022-06-012023-05-3113373426ns14:PoundSterlingns10:Original2022-06-012023-05-3113373426ns10:Originalns10:Director12022-06-012023-05-3113373426ns10:Original2022-06-012023-05-3113373426ns10:Original2023-05-3113373426ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3113373426ns10:Originalns10:SmallEntities2022-06-012023-05-3113373426ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3113373426ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3113373426ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3113373426ns10:Originalns10:FullAccounts2022-06-012023-05-3113373426ns10:Originalns10:OrdinaryShareClass12022-06-012023-05-3113373426ns10:Originalns10:RegisteredOffice2022-06-012023-05-3113373426ns10:Original2022-05-3113373426ns10:Originalns5:CurrentFinancialInstruments2023-05-3113373426ns10:Originalns5:CurrentFinancialInstruments2022-05-3113373426ns5:ShareCapitalns10:Original2023-05-3113373426ns5:ShareCapitalns10:Original2022-05-3113373426ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3113373426ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3113373426ns10:Originalns5:PlantMachinery2022-06-012023-05-3113373426ns10:Originalns5:FurnitureFittings2022-06-012023-05-3113373426ns10:Originalns5:ComputerEquipment2022-06-012023-05-3113373426ns10:Original2021-05-042022-05-3113373426ns10:Originalns5:PlantMachinery2022-05-3113373426ns10:Originalns5:FurnitureFittings2022-05-3113373426ns10:Originalns5:ComputerEquipment2022-05-3113373426ns10:Original2022-05-3113373426ns10:Originalns5:PlantMachinery2023-05-3113373426ns10:Originalns5:FurnitureFittings2023-05-3113373426ns10:Originalns5:ComputerEquipment2023-05-3113373426ns10:Originalns5:PlantMachinery2022-05-3113373426ns10:Originalns5:FurnitureFittings2022-05-3113373426ns10:Originalns5:ComputerEquipment2022-05-3113373426ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3113373426ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3113373426ns10:Originalns10:OrdinaryShareClass12023-05-3113373426ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3113373426ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-012023-05-31
REGISTERED NUMBER: 13373426 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 May 2023

for

Kall Kwik Ashford Ltd

Kall Kwik Ashford Ltd (Registered number: 13373426)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kall Kwik Ashford Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Miss K M Edwards





REGISTERED OFFICE: Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS





REGISTERED NUMBER: 13373426 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Chartered Accountants
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

Kall Kwik Ashford Ltd (Registered number: 13373426)

Balance Sheet
31 May 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,754 6,418

CURRENT ASSETS
Stocks 5 5,223 3,944
Debtors 6 40,027 18,250
Cash at bank and in hand 18,251 9,395
63,501 31,589
CREDITORS
Amounts falling due within one year 7 (61,771 ) (42,018 )
NET CURRENT ASSETS/(LIABILITIES) 1,730 (10,429 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,484

(4,011

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 8,384 (4,111 )
SHAREHOLDERS' FUNDS 8,484 (4,011 )

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

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

The director acknowledges her 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.

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 15 February 2024 and were signed by:





Miss K M Edwards - Director


Kall Kwik Ashford Ltd (Registered number: 13373426)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Kall Kwik Ashford 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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DEFERRED TAX
Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date as these are considered immaterial.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

Kall Kwik Ashford Ltd (Registered number: 13373426)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 June 2022 6,439 151 1,001 7,591
Additions 1,357 - - 1,357
At 31 May 2023 7,796 151 1,001 8,948
DEPRECIATION
At 1 June 2022 966 23 184 1,173
Charge for year 838 19 164 1,021
At 31 May 2023 1,804 42 348 2,194
NET BOOK VALUE
At 31 May 2023 5,992 109 653 6,754
At 31 May 2022 5,473 128 817 6,418

5. STOCKS
2023 2022
£    £   
Stocks 5,223 3,944

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 30,377 12,917
Other debtors 4,692 1,790
VAT 2,583 456
Prepayments and accrued income 2,375 3,087
40,027 18,250

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 19,771 12,169
Corporation tax 2,822 -
Social security and other tax 430 574
Other creditors - 4,333
Directors' current accounts 37,823 24,017
Accrued expenses 925 925
61,771 42,018

Kall Kwik Ashford Ltd (Registered number: 13373426)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 June 2022 (4,111 )
Profit for the year 15,645
Dividends (3,150 )
At 31 May 2023 8,384