Kira Supplies Limited 04641902 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of computer equipment suppliers Digita Accounts Production Advanced 6.30.9574.0 true 04641902 2023-04-01 2024-03-31 04641902 2024-03-31 04641902 core:CurrentFinancialInstruments 2024-03-31 04641902 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 04641902 core:OtherPropertyPlantEquipment 2024-03-31 04641902 bus:SmallEntities 2023-04-01 2024-03-31 04641902 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04641902 bus:FilletedAccounts 2023-04-01 2024-03-31 04641902 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04641902 bus:RegisteredOffice 2023-04-01 2024-03-31 04641902 bus:CompanySecretaryDirector2 2023-04-01 2024-03-31 04641902 bus:Director2 2023-04-01 2024-03-31 04641902 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04641902 core:ComputerEquipment 2023-04-01 2024-03-31 04641902 core:FurnitureFittings 2023-04-01 2024-03-31 04641902 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 04641902 countries:EnglandWales 2023-04-01 2024-03-31 04641902 2023-03-31 04641902 core:OtherPropertyPlantEquipment 2023-03-31 04641902 2022-04-01 2023-03-31 04641902 2023-03-31 04641902 core:CurrentFinancialInstruments 2023-03-31 04641902 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 04641902 core:OtherPropertyPlantEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 04641902

Kira Supplies Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Kira Supplies Limited

Contents

Company Information

1

Directors' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

5 to 9

 

Kira Supplies Limited

Company Information

Directors

Mr R H Anscombe

Mrs S M Anscombe

Company secretary

Mrs S M Anscombe

Registered office

The Old Vicarage
51 Saint John Street
Ashbourne
Derbyshire
DE6 1GP

Accountants

Coates and Partners Limited
Chartered Accountants
The Old Vicarage
51 St John Street
Ashbourne
Derbyshire
DE6 1GP

 

Kira Supplies Limited

Directors' Report for the Year Ended 31 March 2024

The directors present their report and the financial statements for the year ended 31 March 2024.

Directors of the company

The directors who held office during the year were as follows:

Mr R H Anscombe

Mrs S M Anscombe - Company secretary and director

Small companies provision statement

This report has 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.

Approved and authorised by the Board on 21 August 2024 and signed on its behalf by:
 

.........................................
Mr R H Anscombe
Director

 

Kira Supplies Limited

(Registration number: 04641902)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

911

1,104

Current assets

 

Debtors

5

7,890

12,853

Cash at bank and in hand

 

2,533

2,532

 

10,423

15,385

Creditors: Amounts falling due within one year

6

(10,615)

(16,414)

Net current liabilities

 

(192)

(1,029)

Net assets

 

719

75

Capital and reserves

 

Called up share capital

100

100

Retained earnings

619

(25)

Shareholders' funds

 

719

75

 

Kira Supplies Limited

(Registration number: 04641902)
Balance Sheet as at 31 March 2024 (continued)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland'.

Approved and authorised by the Board on 21 August 2024 and signed on its behalf by:
 

.........................................
Mr R H Anscombe
Director

   
     
 

Kira Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital incorporated in England and Wales registration number: 04641902.

The address of its registered office is:
The Old Vicarage
51 Saint John Street
Ashbourne
Derbyshire
DE6 1GP
United Kingdom

The principal place of business is:
Kira House, Holt Lane
Lea
Derbyshire
DE4 5GQ

These financial statements were authorised for issue by the Board on 21 August 2024.

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 is £ sterling.

 

Kira Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

2

Accounting policies (continued)

Revenue recognition

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and service to customers.

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.

 

Kira Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

2

Accounting policies (continued)

Tax

The tax expense for the period comprises current and deferred tax.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company.

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

Fixtures and fittings

15% reducing balance

Computer equipment

33% straight line

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

3

Staff numbers

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

 

Kira Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 April 2023

7,771

7,771

At 31 March 2024

7,771

7,771

Depreciation

At 1 April 2023

6,667

6,667

Charge for the year

193

193

At 31 March 2024

6,860

6,860

Carrying amount

At 31 March 2024

911

911

At 31 March 2023

1,104

1,104

5

Debtors

Current

2024
£

2023
£

Trade debtors

7,633

12,390

Prepayments

257

463

 

7,890

12,853

 

Kira Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

1,252

6,436

Taxation and social security

4,428

4,900

Accruals and deferred income

1,160

1,130

Other creditors

3,775

3,948

10,615

16,414