KITCHEN MAKEOVER EXPERT LTD

Company Registration Number:
12743195 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

KITCHEN MAKEOVER EXPERT LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

KITCHEN MAKEOVER EXPERT LTD

Company Information

for the Period Ended 31 July 2023




Director: Andrew GASCOYNE
HOWSON, David Barry
Registered office: Unit 40, The Tangent Business Hub
Weighbridge Road
Shirebrook
Mansfield
England
NG20 8RX
Company Registration Number: 12743195 (England and Wales)

KITCHEN MAKEOVER EXPERT LTD

Profit and Loss Account

for the Period Ended 31 July 2023


Notes

2023
£

2022
£
Turnover 203,658 136,743
Cost of sales ( 134,042 ) ( 78,263 )
Gross Profit or (Loss) 69,616 58,480
Administrative Expenses ( 65,335 ) ( 24,124 )
Operating Profit or (Loss) 4,281 34,356
Interest Payable and Similar Charges ( 347 ) ( 20 )
Profit or (Loss) Before Tax 3,934 34,336
Tax on Profit ( 597 ) ( 8,656 )
Profit or (Loss) for Period 3,337 25,680

The notes form part of these financial statements

KITCHEN MAKEOVER EXPERT LTD

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 19,182 14,470
Total fixed assets: 19,182 14,470
Current assets
Debtors: 5 27,203 7,513
Cash at bank and in hand: 7,392 1,771
Total current assets: 34,595 9,284
Creditors: amounts falling due within one year: 6 ( 47,510 ) ( 20,715 )
Net current assets (liabilities): ( 12,915 ) ( 11,431 )
Total assets less current liabilities: 6,267 3,039
Provision for liabilities: ( 3,644 ) ( 2,900 )
Total net assets (liabilities): 2,623 139

The notes form part of these financial statements

KITCHEN MAKEOVER EXPERT LTD

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 2,622 138
Shareholders funds: 2,623 139

For the year ending 31 July 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 24 April 2024
And Signed On Behalf Of The Board By:

Name: Andrew GASCOYNE
Status: Director

The notes form part of these financial statements

KITCHEN MAKEOVER EXPERT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KITCHEN MAKEOVER EXPERT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 4 4

KITCHEN MAKEOVER EXPERT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

KITCHEN MAKEOVER EXPERT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 August 2022 2,740 3,239 14,000 19,979
Additions 11,105 - - 11,105
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 July 2023 13,845 3,239 14,000 31,084
Depreciation
At 01 August 2022 1,199 810 3,500 5,509
Charge for year 3,161 607 2,625 6,393
On disposals - - - -
Other adjustments - - - -
At 31 July 2023 4,360 1,417 6,125 11,902
Net book value
At 31 July 2023 9,485 1,822 7,875 19,182
At 31 July 2022 1,541 2,429 10,500 14,470

Tangible Fixed asset shows closing balance of £19,182. We have recorded Depreciation as per RBM at the rate of 25%. For Additions of Fixed Assets, We have claimed the Allowance for the corporation tax.

KITCHEN MAKEOVER EXPERT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors


2023
£

2022
£
Trade debtors 27,203 6,341
Prepayments and accrued income 0 262
Other debtors 0 910
Total 27,203 7,513

Debtors Control account shows closing balance of £ 27,203

KITCHEN MAKEOVER EXPERT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 1,524 0
Taxation and social security 6,345 6,157
Accruals and deferred income 960 1,440
Other creditors 38,681 13,118
Total 47,510 20,715

There is Creditors liability of £ 1524 for the current year