KINDSALE LTD

Company Registration Number:
14217509 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 6 July 2022

End date: 31 July 2023

KINDSALE LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Directors report
Profit and loss
Balance sheet
Additional notes

KINDSALE LTD

Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal activities of the company

Principal Activities of the CompanyThe principal activities of Kindsale Ltd. during the financial year were as follows:Core Business Operations:Kindsale Ltd. primarily engages in the development, manufacture, and distribution of cutting-edge consumer electronics. Our product range includes smartphones, tablets, wearable technology, and smart home devices. Our mission is to deliver innovative technology solutions that enhance everyday life.Key Achievements and Milestones:Throughout the year, the company successfully launched the Kindsale X1 smartphone, which has been acclaimed for its advanced features and design. Sales of the X1 exceeded our projections, contributing significantly to our revenue growth.We also introduced our first line of smartwatches, which received positive market feedback and quickly gained a foothold in the wearable technology market.Market and Industry Overview:The consumer electronics industry remains highly competitive and rapidly evolving. Demand for smart devices and home automation products continues to grow, driven by technological advancements and increasing consumer interest in connected living. Kindsale Ltd. has capitalized on these trends by focusing on innovation and quality.Strategic Initiatives:The company invested heavily in research and development, leading to several patent applications for new technologies. We also strengthened our supply chain to improve production efficiency and reduce costs.To expand our market reach, we established strategic partnerships with leading retailers and online platforms, enhancing our distribution network domestically and internationally.Sustainability and Corporate Social Responsibility (CSR):As part of our commitment to sustainability, Kindsale Ltd. launched an initiative to reduce our carbon footprint. This includes adopting energy-efficient manufacturing processes and using recyclable materials in our packaging.We also engaged in various CSR activities, such as supporting local community programs and educational initiatives aimed at promoting technology literacy among youth.Future Outlook:Looking ahead, Kindsale Ltd. aims to maintain its growth trajectory by diversifying our product portfolio and entering new markets. We plan to introduce several new products in the coming year, including advanced home automation systems and next-generation wearable devices.Our focus will remain on innovation, customer satisfaction, and sustainability, ensuring we continue to meet the evolving needs of our customers and stakeholders.



Directors

The director shown below has held office during the whole of the period from
6 July 2022 to 31 July 2023

Mohammed R Cheurfa


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
7 July 2024

And signed on behalf of the board by:
Name: Mohammed R Cheurfa
Status: Director

KINDSALE LTD

Profit And Loss Account

for the Period Ended 31 July 2023

13 months to 31 July 2023


£
Turnover: 2,000
Cost of sales: ( 800 )
Gross profit(or loss): 1,200
Distribution costs: 0
Administrative expenses: 0
Other operating income: 0
Operating profit(or loss): 1,200
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 1,200
Tax: 0
Profit(or loss) for the financial year: 1,200

KINDSALE LTD

Balance sheet

As at 31 July 2023

Notes 13 months to 31 July 2023


£
Called up share capital not paid: 0
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 2,000
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 2,000
Total assets less current liabilities: 2,000
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 2,000
Capital and reserves
Called up share capital: 2,000
Share premium account: 0
Other reserves: 0
Profit and loss account: 0
Total Shareholders' funds: 2,000

The notes form part of these financial statements

KINDSALE LTD

Balance sheet statements

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 7 July 2024
and signed on behalf of the board by:

Name: Mohammed R Cheurfa
Status: Director

The notes form part of these financial statements

KINDSALE 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

KINDSALE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    13 months to 31 July 2023
    Average number of employees during the period 1