K.S.S. Chimney Sweeps Limited 04805705 false 2023-06-20 2024-06-19 2024-06-19 The principal activity of the company is chimney sweeping. Digita Accounts Production Advanced 6.30.9574.0 true true 04805705 2023-06-20 2024-06-19 04805705 2024-06-19 04805705 core:RetainedEarningsAccumulatedLosses 2024-06-19 04805705 core:ShareCapital 2024-06-19 04805705 core:CurrentFinancialInstruments 2024-06-19 04805705 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-19 04805705 core:FurnitureFittingsToolsEquipment 2024-06-19 04805705 core:MotorVehicles 2024-06-19 04805705 core:OtherPropertyPlantEquipment 2024-06-19 04805705 bus:SmallEntities 2023-06-20 2024-06-19 04805705 bus:AuditExemptWithAccountantsReport 2023-06-20 2024-06-19 04805705 bus:FilletedAccounts 2023-06-20 2024-06-19 04805705 bus:SmallCompaniesRegimeForAccounts 2023-06-20 2024-06-19 04805705 bus:RegisteredOffice 2023-06-20 2024-06-19 04805705 bus:CompanySecretary1 2023-06-20 2024-06-19 04805705 bus:Director1 2023-06-20 2024-06-19 04805705 bus:PrivateLimitedCompanyLtd 2023-06-20 2024-06-19 04805705 core:FurnitureFittingsToolsEquipment 2023-06-20 2024-06-19 04805705 core:MotorVehicles 2023-06-20 2024-06-19 04805705 core:OfficeEquipment 2023-06-20 2024-06-19 04805705 core:OtherPropertyPlantEquipment 2023-06-20 2024-06-19 04805705 core:Vehicles 2023-06-20 2024-06-19 04805705 countries:England 2023-06-20 2024-06-19 04805705 2023-06-19 04805705 core:FurnitureFittingsToolsEquipment 2023-06-19 04805705 core:MotorVehicles 2023-06-19 04805705 core:OtherPropertyPlantEquipment 2023-06-19 04805705 2022-06-20 2023-06-19 04805705 2023-06-19 04805705 core:RetainedEarningsAccumulatedLosses 2023-06-19 04805705 core:ShareCapital 2023-06-19 04805705 core:CurrentFinancialInstruments 2023-06-19 04805705 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-19 04805705 core:FurnitureFittingsToolsEquipment 2023-06-19 04805705 core:MotorVehicles 2023-06-19 04805705 core:OtherPropertyPlantEquipment 2023-06-19 iso4217:GBP xbrli:pure

Registration number: 04805705

K.S.S. Chimney Sweeps Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 19 June 2024

 

K.S.S. Chimney Sweeps Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

K.S.S. Chimney Sweeps Limited

Company Information

Director

K H Hillyard

Company secretary

L Hillyard

Registered office

Beverly
8 Forgefield
Bethersden
Ashford
Kent
TN26 3BL

Accountants

Manningtons
8 High Street
Heathfield
East Sussex
TN21 8LS

 

K.S.S. Chimney Sweeps Limited

(Registration number: 04805705)
Balance Sheet as at 19 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,941

1,836

Current assets

 

Debtors

5

800

776

Cash at bank and in hand

 

13,826

13,994

 

14,626

14,770

Creditors: Amounts falling due within one year

6

(10,672)

(9,918)

Net current assets

 

3,954

4,852

Net assets

 

5,895

6,688

Capital and reserves

 

Called up share capital

10

10

Retained earnings

5,885

6,678

Shareholders' funds

 

5,895

6,688

For the financial year ending 19 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 August 2024
 

.........................................
K H Hillyard
Director

 

K.S.S. Chimney Sweeps Limited

Notes to the Unaudited Financial Statements for the Year Ended 19 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Beverly
8 Forgefield
Bethersden
Ashford
Kent
TN26 3BL

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

K.S.S. Chimney Sweeps Limited

Notes to the Unaudited Financial Statements for the Year Ended 19 June 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Vehicles

25% reducing balance

Office equipment

33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

K.S.S. Chimney Sweeps Limited

Notes to the Unaudited Financial Statements for the Year Ended 19 June 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 20 June 2023

1,134

9,147

2,923

13,204

Additions

-

-

756

756

At 19 June 2024

1,134

9,147

3,679

13,960

Depreciation

At 20 June 2023

1,134

9,147

1,087

11,368

Charge for the year

-

-

651

651

At 19 June 2024

1,134

9,147

1,738

12,019

Carrying amount

At 19 June 2024

-

-

1,941

1,941

At 19 June 2023

-

-

1,836

1,836

5

Debtors

2024
£

2023
£

Trade debtors

-

65

Prepayments

800

711

800

776

 

K.S.S. Chimney Sweeps Limited

Notes to the Unaudited Financial Statements for the Year Ended 19 June 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

-

240

Taxation and social security

4,481

5,276

Accruals and deferred income

1,400

1,400

Director loan account

4,791

3,002

10,672

9,918