1 March 2023 false No description of principal activity Taxfiler 2024.5 08872476business:PrivateLimitedCompanyLtd2023-03-012024-02-28 088724762023-02-28 088724762023-03-012024-02-28 08872476business:AuditExempt-NoAccountantsReport2023-03-012024-02-28 08872476business:FilletedAccounts2023-03-012024-02-28 088724762024-02-28 08872476business:Director12023-03-012024-02-28 08872476business:RegisteredOffice2023-03-012024-02-28 088724762023-02-28 08872476core:WithinOneYear2024-02-28 08872476core:WithinOneYear2023-02-28 08872476core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 08872476core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 08872476core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 08872476core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 08872476core:PreviouslyStatedAmount2024-02-28 08872476core:PreviouslyStatedAmount2023-02-28 08872476business:SmallEntities2023-03-012024-02-28 08872476countries:EnglandWales2023-03-012024-02-28 088724762022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 08872476 (England and Wales)
Killin IP Limited Unaudited accounts for the period from 1 March 2023 to 28 February 2024
Killin IP Limited Unaudited accounts Contents
Page
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Killin IP Limited Company Information for the period from 1 March 2023 to 28 February 2024
Director
Stephen Killin
Company Number
08872476 (England and Wales)
Registered Office
64 HARE STREET ROAD BUNTINGFORD SG9 9HN ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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Killin IP Limited Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
57,669 
59,834 
Creditors: amounts falling due within one year
(6,170)
(5,689)
Net current assets
51,499 
54,145 
Net assets
51,499 
54,145 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
51,489 
54,135 
Shareholders' funds
51,499 
54,145 
For the period ending 28 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 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 29 July 2024 and were signed on its behalf by
Stephen Killin Director Company Registration No. 08872476
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Killin IP Limited Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
Killin IP Limited is a private company, limited by shares, registered in England and Wales, registration number 08872476. The registered office is 64 HARE STREET ROAD, BUNTINGFORD, SG9 9HN, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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. 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.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
(1)
Other creditors
- 
53 
Loans from directors
5,991 
5,488 
Accruals
179 
149 
6,170 
5,689 
5
Average number of employees
During the period the average number of employees was 1 (2023: 1).
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