Company Registration No. 06025873 (England and Wales)
KYRI ENTERPRISE LTD
Unaudited accounts
for the year ended 31 December 2023
KYRI ENTERPRISE LTD
Unaudited accounts
Contents
KYRI ENTERPRISE LTD
Company Information
for the year ended 31 December 2023
Secretary
Reetinder BOPARAI
Company Number
06025873 (England and Wales)
Registered Office
Winton House
Winton Square
Basingstoke
RG21 8EN
Accountants
Cranleys Chartered Accountants
Winton House
Winton Square
Basingstoke
Hampshire
RG21 8EN
KYRI ENTERPRISE LTD
Statement of financial position
as at 31 December 2023
Tangible assets
69,930
70,060
Cash at bank and in hand
4,847
9,280
Creditors: amounts falling due within one year
(45,965)
(46,582)
Net current liabilities
(41,118)
(37,302)
Called up share capital
100
100
Profit and loss account
28,712
34,588
Shareholders' funds
28,812
34,688
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 September 2024 and were signed on its behalf by
Kyriakos FIAKKAS
Director
Company Registration No. 06025873
KYRI ENTERPRISE LTD
Notes to the Accounts
for the year ended 31 December 2023
KYRI ENTERPRISE LTD is a private company, limited by shares, registered in England and Wales, registration number 06025873. The registered office is Winton House, Winton Square, Basingstoke, RG21 8EN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Computer equipment
25% Reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
69,540
2,439
71,979
At 31 December 2023
69,540
2,439
71,979
At 1 January 2023
-
1,919
1,919
Charge for the year
-
130
130
At 31 December 2023
-
2,049
2,049
At 31 December 2023
69,540
390
69,930
At 31 December 2022
69,540
520
70,060
KYRI ENTERPRISE LTD
Notes to the Accounts
for the year ended 31 December 2023
5
Investments
Other investments
Valuation at 1 January 2023
1,930
Valuation at 31 December 2023
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
1,449
Loans from directors
44,845
44,096
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).