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REGISTERED NUMBER: 10329557 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st July 2023

for

Killer Point Ltd

Killer Point Ltd (Registered number: 10329557)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Killer Point Ltd

Company Information
for the Year Ended 31st July 2023







DIRECTOR: Mr M G Aldrich





REGISTERED OFFICE: Central Chambers
227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF





REGISTERED NUMBER: 10329557 (England and Wales)





ACCOUNTANTS: Field & Co LLP
Central Chambers
227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF

Killer Point Ltd (Registered number: 10329557)

Balance Sheet
31st July 2023

31/7/23 31/7/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 174 231

CURRENT ASSETS
Stocks - 400
Cash at bank 868 5
868 405
CREDITORS
Amounts falling due within one year 5 677 809
NET CURRENT ASSETS/(LIABILITIES) 191 (404 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

365

(173

)

PROVISIONS FOR LIABILITIES 6 33 44
NET ASSETS/(LIABILITIES) 332 (217 )

CAPITAL AND RESERVES
Called up share capital 7 5 5
Retained earnings 8 327 (222 )
SHAREHOLDERS' FUNDS 332 (217 )

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

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

Killer Point Ltd (Registered number: 10329557)

Balance Sheet - continued
31st July 2023


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 3rd April 2024 and were signed by:





Mr M G Aldrich - Director


Killer Point Ltd (Registered number: 10329557)

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

1. STATUTORY INFORMATION

Killer Point 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.
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Killer Point Ltd (Registered number: 10329557)

Notes to the Financial Statements - continued
for the Year Ended 31st July 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 NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st August 2022
and 31st July 2023 975
DEPRECIATION
At 1st August 2022 744
Charge for year 57
At 31st July 2023 801
NET BOOK VALUE
At 31st July 2023 174
At 31st July 2022 231

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/23 31/7/22
£    £   
Trade creditors 1 (1 )
Taxation and social security 424 -
Other creditors 252 810
677 809

Killer Point Ltd (Registered number: 10329557)

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

6. PROVISIONS FOR LIABILITIES
31/7/23 31/7/22
£    £   
Deferred tax 33 44

Deferred
tax
£   
Balance at 1st August 2022 44
Provided during year (11 )
Balance at 31st July 2023 33

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/7/23 31/7/22
value: £    £   
1 Ordinary Share £1 1 1
1 Ordinary A Share £1 1 1
1 Ordinary B Share £1 1 1
1 Ordinary C Share £1 1 1
1 Ordinary D Share £1 1 1
5 5

8. RESERVES
Retained
earnings
£   

At 1st August 2022 (222 )
Profit for the year 1,944
Dividends (1,395 )
At 31st July 2023 327

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M G Aldrich.