Company Registration No. 12933316 (England and Wales)
KIRKPINAR LTD
Unaudited accounts
for the year ended 31 October 2023
KIRKPINAR LTD
Unaudited accounts
Contents
KIRKPINAR LTD
Company Information
for the year ended 31 October 2023
Company Number
12933316 (England and Wales)
Registered Office
6 Sinclair House
Hastings Street
London
WC1H 9PZ
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
KIRKPINAR LTD
Statement of financial position
as at 31 October 2023
Tangible assets
63,844
17,973
Cash at bank and in hand
53,652
44,614
Creditors: amounts falling due within one year
(54,890)
(47,832)
Net current assets
38,957
58,167
Called up share capital
100
100
Profit and loss account
102,701
76,040
Shareholders' funds
102,801
76,140
For the year ending 31 October 2023 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 director acknowledges his 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 and authorised for issue on 19 April 2024 and were signed on its behalf by
Mr A Dogan
Director
Company Registration No. 12933316
KIRKPINAR LTD
Notes to the Accounts
for the year ended 31 October 2023
KIRKPINAR LTD is a private company, limited by shares, registered in England and Wales, registration number 12933316. The registered office is 6 Sinclair House, Hastings Street, London, WC1H 9PZ, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% - reducing line method
Fixtures & fittings
18% - reducing line method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
KIRKPINAR LTD
Notes to the Accounts
for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
5,480
17,807
23,287
Additions
5,493
54,393
59,886
At 31 October 2023
10,973
72,200
83,173
At 1 November 2022
1,253
4,061
5,314
Charge for the year
1,750
12,265
14,015
At 31 October 2023
3,003
16,326
19,329
At 31 October 2023
7,970
55,874
63,844
At 31 October 2022
4,227
13,746
17,973
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
10,000
60,000
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
15,058
17,300
Loans from directors
3,792
3,800
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Included within other creditors is an amount of £3,792 (2022;£3,800) due to its director. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 9 (2022: 5).