Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 04846790 Mr Kenny Coleman Mrs Sarah Coleman Mrs Sarah Coleman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04846790 2022-07-31 04846790 2023-07-31 04846790 2022-08-01 2023-07-31 04846790 frs-core:CurrentFinancialInstruments 2023-07-31 04846790 frs-core:Non-currentFinancialInstruments 2023-07-31 04846790 frs-core:FurnitureFittings 2023-07-31 04846790 frs-core:FurnitureFittings 2022-08-01 2023-07-31 04846790 frs-core:FurnitureFittings 2022-07-31 04846790 frs-core:PlantMachinery 2023-07-31 04846790 frs-core:PlantMachinery 2022-08-01 2023-07-31 04846790 frs-core:PlantMachinery 2022-07-31 04846790 frs-core:ShareCapital 2023-07-31 04846790 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 04846790 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 04846790 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 04846790 frs-bus:SmallEntities 2022-08-01 2023-07-31 04846790 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 04846790 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 04846790 frs-bus:Director1 2022-08-01 2023-07-31 04846790 frs-bus:Director1 2022-07-31 04846790 frs-bus:Director1 2023-07-31 04846790 frs-bus:Director2 2022-08-01 2023-07-31 04846790 frs-bus:CompanySecretary1 2022-08-01 2023-07-31 04846790 frs-countries:EnglandWales 2022-08-01 2023-07-31 04846790 2021-07-31 04846790 2022-07-31 04846790 2021-08-01 2022-07-31 04846790 frs-core:CurrentFinancialInstruments 2022-07-31 04846790 frs-core:Non-currentFinancialInstruments 2022-07-31 04846790 frs-core:ShareCapital 2022-07-31 04846790 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 04846790
k & s Services (South East) Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
THE BUBB SHERWIN PARTNERSHIP LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04846790
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 28,302 37,358
28,302 37,358
CURRENT ASSETS
Debtors 5 16,820 16,518
Cash at bank and in hand 8,273 23,672
25,093 40,190
Creditors: Amounts Falling Due Within One Year 6 (51,755 ) (58,869 )
NET CURRENT ASSETS (LIABILITIES) (26,662 ) (18,679 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,640 18,679
Creditors: Amounts Falling Due After More Than One Year 7 (11,000 ) (17,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (486 ) (486 )
NET (LIABILITIES)/ASSETS (9,846 ) 1,193
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (9,848 ) 1,191
SHAREHOLDERS' FUNDS (9,846) 1,193
Page 1
Page 2
For the year ending 31 July 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Kenny Coleman
Director
24/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
k & s Services (South East) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04846790 . The registered office is 100 High Street, Whitstable, Kent, CT5 1AZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 15% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 5)
5 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2022 87,790 4,852 92,642
As at 31 July 2023 87,790 4,852 92,642
Depreciation
As at 1 August 2022 53,463 1,821 55,284
Provided during the period 8,600 456 9,056
As at 31 July 2023 62,063 2,277 64,340
Net Book Value
As at 31 July 2023 25,727 2,575 28,302
As at 1 August 2022 34,327 3,031 37,358
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Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 16,316 15,514
Other debtors 504 1,004
16,820 16,518
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,290 7,301
Bank loans and overdrafts 6,000 6,000
Other taxes and social security 14,736 21,984
Other creditors 910 1,566
Directors' loan accounts 25,819 22,018
51,755 58,869
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 11,000 17,000
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2022 Amounts advanced Amounts repaid Amounts written off As at 31 July 2023
£ £ £ £ £
Mr Kenny Coleman (22,018 ) 3,850 (7,651 ) - (25,819 )
The above loan is unsecured, interest free and repayable on demand.
Page 4