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REGISTERED NUMBER: 12120235 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 July 2023

for

Krypton Engineering Ltd

Krypton Engineering Ltd (Registered number: 12120235)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Krypton Engineering Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Jonathan Craig Allison





REGISTERED OFFICE: 8 Maclennan Avenue
Rainham
Essex
RM13 9SS





REGISTERED NUMBER: 12120235 (England and Wales)





ACCOUNTANTS: Robert Lewis Accountants
4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ

Krypton Engineering Ltd (Registered number: 12120235)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,672 11,379

CURRENT ASSETS
Debtors 5 4,057 3,827
Cash at bank and in hand 9,263 14,289
13,320 18,116
CREDITORS
Amounts falling due within one year 6 8,004 9,617
NET CURRENT ASSETS 5,316 8,499
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,988

19,878

PROVISIONS FOR LIABILITIES 1,838 2,130
NET ASSETS 13,150 17,748

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 13,149 17,747
SHAREHOLDERS' FUNDS 13,150 17,748

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 14 February 2024 and were signed by:





Jonathan Craig Allison - Director


Krypton Engineering Ltd (Registered number: 12120235)

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

1. STATUTORY INFORMATION

Krypton Engineering 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.

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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 year was 1 (2022 - 1 ) .

Krypton Engineering Ltd (Registered number: 12120235)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 16,222
DEPRECIATION
At 1 August 2022 4,843
Charge for year 1,707
At 31 July 2023 6,550
NET BOOK VALUE
At 31 July 2023 9,672
At 31 July 2022 11,379

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 3,865 3,635
Other debtors 192 192
4,057 3,827

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors (1 ) 1
Taxation and social security 6,637 8,684
Other creditors 1,368 932
8,004 9,617