IRIS Accounts Production v23.4.0.336 13699301 director 31.10.22 30.10.23 30.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh136993012022-10-30136993012023-10-30136993012022-10-312023-10-30136993012021-10-21136993012021-10-222022-10-30136993012022-10-3013699301ns15:EnglandWales2022-10-312023-10-3013699301ns14:PoundSterling2022-10-312023-10-3013699301ns10:Director12022-10-312023-10-3013699301ns10:PrivateLimitedCompanyLtd2022-10-312023-10-3013699301ns10:SmallEntities2022-10-312023-10-3013699301ns10:AuditExempt-NoAccountantsReport2022-10-312023-10-3013699301ns10:SmallCompaniesRegimeForDirectorsReport2022-10-312023-10-3013699301ns10:SmallCompaniesRegimeForAccounts2022-10-312023-10-3013699301ns10:FullAccounts2022-10-312023-10-3013699301ns10:RegisteredOffice2022-10-312023-10-3013699301ns5:CurrentFinancialInstruments2023-10-3013699301ns5:CurrentFinancialInstruments2022-10-3013699301ns5:ShareCapital2023-10-3013699301ns5:ShareCapital2022-10-3013699301ns5:RetainedEarningsAccumulatedLosses2023-10-3013699301ns5:RetainedEarningsAccumulatedLosses2022-10-3013699301ns5:CostValuation2022-10-30
REGISTERED NUMBER: 13699301 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 OCTOBER 2023

FOR

KYE HOLDINGS LIMITED

KYE HOLDINGS LIMITED (REGISTERED NUMBER: 13699301)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KYE HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 OCTOBER 2023







DIRECTOR: Mr K C MaClennan





REGISTERED OFFICE: Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA





REGISTERED NUMBER: 13699301 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA

KYE HOLDINGS LIMITED (REGISTERED NUMBER: 13699301)

BALANCE SHEET
30 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 50 50

CURRENT ASSETS
Debtors 5 5,100 -
Cash at bank 700 4,000
5,800 4,000
CREDITORS
Amounts falling due within one year 6 883 3,380
NET CURRENT ASSETS 4,917 620
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,967

670

CAPITAL AND RESERVES
Called up and paid share capital 150 150
Retained earnings 4,817 520
4,967 670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 March 2024 and were signed by:




Mr K C MaClennan - Director


KYE HOLDINGS LIMITED (REGISTERED NUMBER: 13699301)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 OCTOBER 2023


1. STATUTORY INFORMATION

Kye Holdings Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Kye Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


KYE HOLDINGS LIMITED (REGISTERED NUMBER: 13699301)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 OCTOBER 2023


2. ACCOUNTING POLICIES - continued
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 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 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 31 October 2022
and 30 October 2023 50
NET BOOK VALUE
At 30 October 2023 50
At 30 October 2022 50

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts 5,100 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 463 -
Directors' current accounts - 2,900
Accruals and deferred income 420 480
883 3,380

7. RELATED PARTY DISCLOSURES

During the year the directors operated a loan with the company with no fixed terms of repayment and interest. Amounts advanced during the year were £5,100 (2022 £Nil) and repayments amounting to £Nil (2022 £Nil). At the year end the amount owing to the company was £5,100 (2022 £Nil).