IRIS Accounts Production v24.2.0.383 11013297 Board of Directors Board of Directors 1.11.22 31.8.23 31.8.23 false true false false true false Ordinary A & B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110132972022-10-31110132972023-08-31110132972022-11-012023-08-31110132972021-10-31110132972021-11-012022-10-31110132972022-10-3111013297ns15:EnglandWales2022-11-012023-08-3111013297ns14:PoundSterling2022-11-012023-08-3111013297ns10:Director12022-11-012023-08-3111013297ns10:Director22022-11-012023-08-3111013297ns10:PrivateLimitedCompanyLtd2022-11-012023-08-3111013297ns10:SmallEntities2022-11-012023-08-3111013297ns10:AuditExempt-NoAccountantsReport2022-11-012023-08-3111013297ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-08-3111013297ns10:SmallCompaniesRegimeForAccounts2022-11-012023-08-3111013297ns10:FullAccounts2022-11-012023-08-3111013297ns10:OrdinaryShareClass12022-11-012023-08-3111013297ns10:OrdinaryShareClass22022-11-012023-08-3111013297ns10:OrdinaryShareClass32022-11-012023-08-3111013297ns5:CurrentFinancialInstruments2023-08-3111013297ns5:CurrentFinancialInstruments2022-10-3111013297ns5:ShareCapital2023-08-3111013297ns5:ShareCapital2022-10-3111013297ns5:CostValuation2022-10-3111013297ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3111013297ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3111013297ns10:OrdinaryShareClass12023-08-3111013297ns10:OrdinaryShareClass22023-08-3111013297ns10:OrdinaryShareClass32023-08-31110132971ns10:Director12022-10-31110132971ns10:Director12021-10-31110132971ns10:Director12022-11-012023-08-31110132971ns10:Director12021-11-012022-10-31110132971ns10:Director12023-08-31110132971ns10:Director12022-10-3111013297ns10:Director222022-10-3111013297ns10:Director222021-10-3111013297ns10:Director222022-11-012023-08-3111013297ns10:Director222021-11-012022-10-3111013297ns10:Director222023-08-3111013297ns10:Director222022-10-31
REGISTERED NUMBER: 11013297 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 NOVEMBER 2022 TO 31 AUGUST 2023

FOR

KLN SOLUTIONS LTD

KLN SOLUTIONS LTD (REGISTERED NUMBER: 11013297)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 AUGUST 2023










Page

Balance sheet 1

Notes to the financial statements 2


KLN SOLUTIONS LTD (REGISTERED NUMBER: 11013297)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Investments 4 100 100

Current assets
Debtors 5 590,986 149,137

Creditors
Amounts falling due within one year 6 590,982 149,133
Net current assets 4 4
Total assets less current liabilities 104 104

Capital and reserves
Called up share capital 7 104 104
Shareholders' funds 104 104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:




Mr B L Walliman - Director



Mr A R E Shepherd - Director


KLN SOLUTIONS LTD (REGISTERED NUMBER: 11013297)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 AUGUST 2023


1. Statutory information

KLN Solutions Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 11013297. The registered office is and business address is This Workspace Echo Building, 18 Albert Road, Bournemouth, BH1 1BZ.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements have been prepared for the 10 month period ending 31 August 2023, in order to align with the accounting reference dates of the other group companies. Therefore the comparative figures within these financial statements are not entirely comparable to the figures of the current period.

Preparation of consolidated financial statements
The financial statements contain information about KLN Solutions Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the period was 2 (2022 - 2 ) .

KLN SOLUTIONS LTD (REGISTERED NUMBER: 11013297)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 AUGUST 2023


4. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1 November 2022
and 31 August 2023 100
Net book value
At 31 August 2023 100
At 31 October 2022 100

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Directors' current accounts 441,859 111,504
Tax 149,127 37,633
590,986 149,137

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Amounts owed to group undertakings 441,855 111,500
Tax 149,127 37,633
590,982 149,133

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary A & B £1 100 100
2 Ordinary C £1 2 2
2 Ordinary D £1 2 2
104 104

8. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the period ended 31 August 2023 and the year ended 31 October 2022:

2023 2022
£    £   
Mr B L Walliman
Balance outstanding at start of period 77,708 40,760
Amounts advanced 194,948 158,948
Amounts repaid (30,000 ) (122,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 242,656 77,708

KLN SOLUTIONS LTD (REGISTERED NUMBER: 11013297)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 31 AUGUST 2023


8. Directors' advances, credits and guarantees - continued

Mr A R E Shepherd
Balance outstanding at start of period 33,796 -
Amounts advanced 195,407 33,796
Amounts repaid (30,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 199,203 33,796

At the balance sheet date the Director, Mr B Walliman owed the company £242,656 (2022 £77,708). At the balance sheet date the Director, Mr A Shepherd owed the company £199,203, (2022 £33,796).

9. Ultimate controlling party

KLN Solutions Limited is controlled by the directors who between them own 100% of the issued share capital with voting rights.