Kellenberger-White Limited 07046430 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is specialised design activities. Digita Accounts Production Advanced 6.30.9574.0 true true 07046430 2023-01-01 2023-12-31 07046430 2023-12-31 07046430 bus:Director1 1 2023-12-31 07046430 bus:Director2 1 2023-12-31 07046430 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-12-31 07046430 core:CurrentFinancialInstruments 2023-12-31 07046430 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07046430 core:FurnitureFittingsToolsEquipment 2023-12-31 07046430 bus:SmallEntities 2023-01-01 2023-12-31 07046430 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07046430 bus:FilletedAccounts 2023-01-01 2023-12-31 07046430 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07046430 bus:RegisteredOffice 2023-01-01 2023-12-31 07046430 bus:Director1 2023-01-01 2023-12-31 07046430 bus:Director1 1 2023-01-01 2023-12-31 07046430 bus:Director2 2023-01-01 2023-12-31 07046430 bus:Director2 1 2023-01-01 2023-12-31 07046430 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-01-01 2023-12-31 07046430 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07046430 core:FurnitureFittings 2023-01-01 2023-12-31 07046430 core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 07046430 core:OfficeEquipment 2023-01-01 2023-12-31 07046430 core:PlantMachinery 2023-01-01 2023-12-31 07046430 countries:UnitedKingdom 2023-01-01 2023-12-31 07046430 2022-12-31 07046430 bus:Director1 1 2022-12-31 07046430 bus:Director2 1 2022-12-31 07046430 core:FurnitureFittingsToolsEquipment 2022-12-31 07046430 2022-01-01 2022-12-31 07046430 2022-12-31 07046430 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-12-31 07046430 core:CurrentFinancialInstruments 2022-12-31 07046430 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 07046430 core:FurnitureFittingsToolsEquipment 2022-12-31 07046430 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07046430

Kellenberger-White Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Kellenberger-White Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 10

 

Kellenberger-White Limited

Company Information

Directors

Mr Sebastian White

Ms Eva Kellenberger

Registered office

Unit 6, Shepperton House
83-93 Shepperton Road
London
N1 3DF

Accountants

Hatherleigh Limited
Chartered Accountants & Business Advisers
Unit D Green Barn
West Down Farm
Corton Denham
Sherborne
Dorset
DT9 4LG

 

Kellenberger-White Limited

(Registration number: 07046430)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

20,230

20,125

Current assets

 

Debtors

5

37,953

29,436

Cash at bank and in hand

 

82,591

96,521

 

120,544

125,957

Creditors: Amounts falling due within one year

6

(50,188)

(63,612)

Net current assets

 

70,356

62,345

Net assets

 

90,586

82,470

Capital and reserves

 

Called up share capital

7

500

500

Retained earnings

90,086

81,970

Shareholders' funds

 

90,586

82,470

For the financial year ending 31 December 2023 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.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 February 2024 and signed on its behalf by:
 

 

Kellenberger-White Limited

(Registration number: 07046430)
Balance Sheet as at 31 December 2023

.........................................
Mr Sebastian White
Director

.........................................
Ms Eva Kellenberger
Director

 

Kellenberger-White Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

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

The address of its registered office is:
Unit 6, Shepperton House
83-93 Shepperton Road
London
N1 3DF

These financial statements were authorised for issue by the Board on 22 February 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.

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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

 

Kellenberger-White Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

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.

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

Plant & Machinery

25% Straight Line

Fixtures and fittings

25% Reducing balance

Office Equipment

25% Reducing balance

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 initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, 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 initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Kellenberger-White Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

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.

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 directors) during the year, was 3 (2022 - 3).

 

Kellenberger-White Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 January 2023

66,558

66,558

Additions

7,583

7,583

At 31 December 2023

74,141

74,141

Depreciation

At 1 January 2023

46,433

46,433

Charge for the year

7,478

7,478

At 31 December 2023

53,911

53,911

Carrying amount

At 31 December 2023

20,230

20,230

At 31 December 2022

20,125

20,125

5

Debtors

Current

2023
£

2022
£

Trade debtors

37,296

25,888

Prepayments

657

3,548

 

37,953

29,436

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

4,638

17,552

Taxation and social security

38,686

31,967

Accruals and deferred income

1,650

3,000

Other creditors

5,214

11,093

50,188

63,612

 

Kellenberger-White Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

7

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary Shares of £1 each

500

500

500

500

       

8

Dividends

Interim dividends paid

2023
£

2022
£

Interim dividend of £146.00 (2022 - £133.20) per each Ordinary Shares

73,000

66,600

 

 

9

Related party transactions

 

Kellenberger-White Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Transactions with directors

2023

At 1 January 2023
£

Advances to director
£

Repayments by director
£

At 31 December 2023
£

Ms Eva Kellenberger

The director maintains an interest free loan with the company which is repayable upon demand

3,513

(34,972)

36,652

5,193

Mr Sebastian White

The director maintains an interest free loan with the company which is repayable upon demand

1,419

(38,050)

36,652

21

 

Kellenberger-White Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Directors' remuneration

The directors' remuneration for the year was as follows:

2023
£

2022
£

Remuneration

63,747

39,309