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REGISTERED NUMBER: 13834978 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

KOAST (SOUTHERN) LIMITED

KOAST (SOUTHERN) LIMITED (REGISTERED NUMBER: 13834978)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KOAST (SOUTHERN) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr S Townsend
Mr K Ostler
Mrs T Ostler





REGISTERED OFFICE: 6 Rother Dale
Sholing
Southampton
Hampshire
SO19 0HL





REGISTERED NUMBER: 13834978 (England and Wales)





ACCOUNTANTS: BK Plus Limited
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

KOAST (SOUTHERN) LIMITED (REGISTERED NUMBER: 13834978)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,456 580

CURRENT ASSETS
Stocks 1,522 3,090
Debtors 5 97,881 48,678
Cash at bank 9,004 49,938
108,407 101,706
CREDITORS
Amounts falling due within one year 6 48,825 39,724
NET CURRENT ASSETS 59,582 61,982
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,038

62,562

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 60,938 62,462
SHAREHOLDERS' FUNDS 61,038 62,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

KOAST (SOUTHERN) LIMITED (REGISTERED NUMBER: 13834978)

BALANCE SHEET - continued
31 MARCH 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:




Mr S Townsend - Director



Mr K Ostler - Director


KOAST (SOUTHERN) LIMITED (REGISTERED NUMBER: 13834978)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

KOAST (Southern) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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


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.

Turnover
Turnover represents amounts receivable for services net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance

Work in progress
Work in progress is stated at sales value.

Taxation
Taxation for the year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

KOAST (SOUTHERN) LIMITED (REGISTERED NUMBER: 13834978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2023 725
Additions 1,240
At 31 March 2024 1,965
DEPRECIATION
At 1 April 2023 145
Charge for year 364
At 31 March 2024 509
NET BOOK VALUE
At 31 March 2024 1,456
At 31 March 2023 580

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 77,531 48,628
Amounts owed by associates 20,350 50
97,881 48,678

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to associates 20,950 10,150
Taxation and social security 20,968 22,128
Other creditors 6,907 7,446
48,825 39,724