1 false false false false false false false false false true false false false false false false No description of principal activity 2022-07-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 08350973 2022-07-01 2023-06-30 08350973 2023-06-30 08350973 2022-06-30 08350973 2021-07-01 2022-06-30 08350973 2022-06-30 08350973 core:FurnitureFittings 2022-07-01 2023-06-30 08350973 core:MotorVehicles 2022-07-01 2023-06-30 08350973 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 08350973 bus:Director1 2022-07-01 2023-06-30 08350973 core:FurnitureFittings 2022-06-30 08350973 core:MotorVehicles 2022-06-30 08350973 core:FurnitureFittings 2023-06-30 08350973 core:MotorVehicles 2023-06-30 08350973 core:WithinOneYear 2023-06-30 08350973 core:WithinOneYear 2022-06-30 08350973 core:ShareCapital 2023-06-30 08350973 core:ShareCapital 2022-06-30 08350973 core:RetainedEarningsAccumulatedLosses 2023-06-30 08350973 core:RetainedEarningsAccumulatedLosses 2022-06-30 08350973 core:FurnitureFittings 2022-06-30 08350973 core:MotorVehicles 2022-06-30 08350973 bus:SmallEntities 2022-07-01 2023-06-30 08350973 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 08350973 bus:FullAccounts 2022-07-01 2023-06-30 08350973 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 08350973 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 08350973 bus:OrdinaryShareClass1 2023-06-30 08350973 bus:OrdinaryShareClass1 2022-06-30 08350973 core:ComputerEquipment 2022-07-01 2023-06-30 08350973 core:ComputerEquipment 2023-06-30 08350973 core:ComputerEquipment 2022-06-30
COMPANY REGISTRATION NUMBER: 08350973
KRIENKE LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
30 June 2023
KRIENKE LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2023
Contents
Pages
Balance sheet 1
Notes to the financial statements 2 to 4
KRIENKE LIMITED
BALANCE SHEET
30 June 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
5
16,569
22,949
Current assets
Debtors
6
25,007
36,300
Cash at bank and in hand
60,004
26,973
------------
------------
85,011
63,273
Creditors: amounts falling due within one year
7
( 25,874)
( 23,325)
------------
------------
Net current assets
59,137
39,948
------------
------------
Total assets less current liabilities
75,706
62,897
------------
------------
Capital and reserves
Called up share capital
8
500
500
Profit and loss account
75,206
62,397
------------
------------
Shareholders funds
75,706
62,897
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 14 March 2024 , and are signed on behalf of the board by:
Mr K Krienke
Director
Company registration number: 08350973
KRIENKE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 188 Sellincourt Road, London, SW17 9SB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office equipment
-
15% reducing balance
Motor vehicles
-
25% reducing balance
Computer equipment
-
33% straight line
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: ( 1 )).
5. Tangible assets
Office equipment
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost
At 1 July 2022 and 30 June 2023
1,100
47,310
12,111
60,521
------------
------------
------------
------------
Depreciation
At 1 July 2022
490
27,351
9,731
37,572
Charge for the year
92
4,990
1,298
6,380
------------
------------
------------
------------
At 30 June 2023
582
32,341
11,029
43,952
------------
------------
------------
------------
Carrying amount
At 30 June 2023
518
14,969
1,082
16,569
------------
------------
------------
------------
At 30 June 2022
610
19,959
2,380
22,949
------------
------------
------------
------------
6. Debtors
2023
2022
£
£
Trade debtors
24,849
36,300
Other debtors
158
------------
------------
25,007
36,300
------------
------------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
23,895
11,897
Social security and other taxes
189
10,499
Director loan accounts
1,790
929
------------
------------
25,874
23,325
------------
------------
8. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
500
500
500
500
------------
------------
------------
------------
9. Related party transactions
The director's loan of £1,790 (2022: £929) set out above is unsecured, repayable on demand and currently interest free. The company is controlled by the director.