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Company Registration No. 13420592 (England and Wales)
KAYLOF LTD Unaudited accounts for the year ended 31 May 2024
KAYLOF LTD Unaudited accounts Contents
Page
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KAYLOF LTD Company Information for the year ended 31 May 2024
Director
Jessica Alexandra LOK
Company Number
13420592 (England and Wales)
Registered Office
Lytchett House 13 Freeland Park Wareham Road, Lytchett Matravers Poole Dorset BH16 6FA ENGLAND
Accountants
The Accounting Studio (Consulting) Ltd 23 Downscroft Gardens Hedge End Southampton Hampshire SO30 4RR
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of KAYLOF LTD for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of KAYLOF LTD for the year ended 31 May 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of KAYLOF LTD, as a body, in accordance with the terms of our engagement letter dated 1 January 2022. Our work has been undertaken solely to prepare for your approval the accounts of KAYLOF LTD and state those matters that we have agreed to state to the Board of Directors of KAYLOF LTD, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KAYLOF LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that KAYLOF LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of KAYLOF LTD. You consider that KAYLOF LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of KAYLOF LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
The Accounting Studio (Consulting) Ltd Chartered Accountants 23 Downscroft Gardens Hedge End Southampton Hampshire SO30 4RR 1 July 2024
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KAYLOF LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,209 
3,455 
Current assets
Debtors
534,960 
142,943 
Cash at bank and in hand
1,323,517 
1,020,270 
1,858,477 
1,163,213 
Creditors: amounts falling due within one year
(418,787)
(321,047)
Net current assets
1,439,690 
842,166 
Net assets
1,445,899 
845,621 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,445,898 
845,620 
Shareholders' funds
1,445,899 
845,621 
For the year ending 31 May 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 her 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 30 July 2024 and were signed on its behalf by
Jessica Alexandra LOK Director Company Registration No. 13420592
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KAYLOF LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
KAYLOF LTD is a private company, limited by shares, registered in England and Wales, registration number 13420592. The registered office is Lytchett House 13 Freeland Park, Wareham Road, Lytchett Matravers, Poole, Dorset , BH16 6FA, 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 year, 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.
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
between 2-3 years
Fixtures & fittings
between 2-3 years
Computer equipment
between 2-3 years
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
3,618 
667 
3,924 
8,209 
Additions
8,228 
- 
1,497 
9,725 
At 31 May 2024
11,846 
667 
5,421 
17,934 
Depreciation
At 1 June 2023
2,092 
270 
2,392 
4,754 
Charge for the year
5,320 
222 
1,429 
6,971 
At 31 May 2024
7,412 
492 
3,821 
11,725 
Net book value
At 31 May 2024
4,434 
175 
1,600 
6,209 
At 31 May 2023
1,526 
397 
1,532 
3,455 
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KAYLOF LTD Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
36,939 
102,375 
Accrued income and prepayments
2,132 
- 
Other debtors
495,889 
40,568 
534,960 
142,943 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
57,162 
108,988 
Taxes and social security
361,625 
184,542 
Loans from directors
- 
145 
Accruals
- 
27,372 
418,787 
321,047 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors Loan
(145)
454,808 
96,510 
358,153 
(145)
454,808 
96,510 
358,153 
The loans are repayable on demand and carry an interest rate of 2.25% per annum. The balance is included in Other Debtors in the current year.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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