Company Registration No. 09987497 (England and Wales)
Kautt & Bux (logistics) Ltd
Unaudited accounts
for the year ended 29 February 2024
Kautt & Bux (logistics) Ltd
Unaudited accounts
Contents
Kautt & Bux (logistics) Ltd
Company Information
for the year ended 29 February 2024
Directors
A Biswas
S Wilson
A Flynn
A Puglisi
Company Number
09987497 (England and Wales)
Registered Office
8 Twynersh Avenue
Chertsey
Surrey
KT16 9DE
England
Accountants
Sloane Winckless & Co
Chartered Accountants
2-4 Stoneleigh Park Road
Epsom
Surrey
KT19 0QT
Kautt & Bux (logistics) Ltd
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
66
66
Creditors: amounts falling due within one year
(5,968)
(4,384)
Net current liabilities
(5,902)
(4,318)
Net liabilities
(5,902)
(4,228)
Called up share capital
100
100
Profit and loss account
(6,002)
(4,328)
Shareholders' funds
(5,902)
(4,228)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2024 and were signed on its behalf by
A Biswas
Director
Company Registration No. 09987497
Kautt & Bux (logistics) Ltd
Notes to the Accounts
for the year ended 29 February 2024
Kautt & Bux (logistics) Ltd is a private company, limited by shares, registered in England and Wales, registration number 09987497. The registered office is 8 Twynersh Avenue, , Chertsey, Surrey, KT16 9DE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.
Depreciation is calculated using rates to reduce by annual instalments the cost of the tangible assets over their estimated useful lives as follows:-
Fixtures & fittings
25% per annum on a reducing balance basis and 33.33% on a straight line basis
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes.
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange at the balance sheet date. Transactions in foreign currencies are transferred into sterling at the date of transaction. Exchange differences are taken into account in arriving at the operating profit.
At the balance sheet date, the company's liabilities exceeded its assets by £5,902 (2023 - £4,228). The company continued to trade and had the financial support of the directors. In these circumstances, the financial statements have been prepared on the going concern basis.
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted.
Kautt & Bux (logistics) Ltd
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Fixtures & fittings
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
5,968
4,384
6
Transactions with related parties
Messrs. A. Biswas, S. Wilson and A. Puglisi and Ms. A. Flynn are directors of the company and together own 100% of the issued share capital.
At the balance sheet date, £4,968 (2023 - £3,384) was owed to WebDrive365 Limited, a company under the control of Messrs. A. Biswas and S. Wilson who are both directors and own 60% of the issued share capital.
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).