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REGISTERED NUMBER: 04652623 (England and Wales)












KUDOS DISTRIBUTION LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






KUDOS DISTRIBUTION LIMITED (REGISTERED NUMBER: 04652623)






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


KUDOS DISTRIBUTION LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTORS: J O H Nash
Mrs F C R Nash





SECRETARY: Mrs F C R Nash





REGISTERED OFFICE: 8 Fairwater Drive
New Haw
ADDLESTONE
Surrey
KT15 3LP





REGISTERED NUMBER: 04652623 (England and Wales)





ACCOUNTANTS: Shaw Gibbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT

KUDOS DISTRIBUTION LIMITED (REGISTERED NUMBER: 04652623)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 292 738

CURRENT ASSETS
Debtors 5 16,387 13,403
Cash at bank 4,509 11,632
20,896 25,035
CREDITORS
Amounts falling due within one year 6 (10,024 ) (15,225 )
NET CURRENT ASSETS 10,872 9,810
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,164

10,548

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 11,064 10,448
SHAREHOLDERS' FUNDS 11,164 10,548

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.

KUDOS DISTRIBUTION LIMITED (REGISTERED NUMBER: 04652623)

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 5 September 2024 and were signed on its behalf by:





J O H Nash - Director


KUDOS DISTRIBUTION LIMITED (REGISTERED NUMBER: 04652623)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Kudos Distribution 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Office equipment - 25% on reducing balance

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.

Deferred tax
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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

KUDOS DISTRIBUTION LIMITED (REGISTERED NUMBER: 04652623)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Office
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 119 2,271 5,536 7,926
Additions - - 307 307
At 31 March 2024 119 2,271 5,843 8,233
DEPRECIATION
At 1 April 2023 119 2,206 4,863 7,188
Charge for year - 16 737 753
At 31 March 2024 119 2,222 5,600 7,941
NET BOOK VALUE
At 31 March 2024 - 49 243 292
At 31 March 2023 - 65 673 738

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,362 13,210
Other debtors 4,025 193
16,387 13,403

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 5,139 4,283
VAT 799 495
Other creditors 31 67
Directors' current accounts 539 6,272
Accruals and deferred income 3,516 4,108
10,024 15,225

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary Shares £1 100 100

KUDOS DISTRIBUTION LIMITED (REGISTERED NUMBER: 04652623)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

8. RESERVES
Retained
earnings
£   

At 1 April 2023 10,448
Profit for the year 21,616
Dividends (21,000 )
At 31 March 2024 11,064

9. RELATED PARTY DISCLOSURES

The directors are the beneficial owners of the company and receive the dividends paid during the year.