Registered Number:01987164 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2024
Kimtreel Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Kimtreel Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
515
1,085
2
515
1,085
Trade and other receivables |
9,784
2,828
3
37,321
Cash and cash equivalents |
51,978
54,806
47,105
Trade and other payables: amounts falling due within one |
year |
(7,586)
(7,366)
4
39,519
47,440
Net current assets
Total assets less current liabilities |
47,955
40,604
47,955
Net assets
40,604
3
3
47,952
40,601
47,955
40,604
Shareholders' funds
For the year ended 31 March 2024 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 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 proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 16 September 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
Kimtreel Ltd
Notes to the Financial Statements
Statutory Information
Kimtreel Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
01987164. |
81 Brook Road
Sheffield
S8 9FJ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover reflects the fair value of goods and services supplied to each customer based on the extent to which the company has fulfilled its obligations under the sales contract. Turnover excludes VAT. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Fixtures and fittings
2. Property, plant and equipment |
Motor vehicles
59,254
7,444
7,995
43,815
43,815
7,995
7,444
59,254
Provision for depreciation and impairment |
58,169
7,205
7,995
42,969
Charge for year
570
239
-
331
58,739
7,444
7,995
43,300
515
-
-
515
846
-
239
1,085
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For the year ended 31 March 2024
Kimtreel Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
2024
2,335
9,434
493
350
9,784
2,828
4. Trade and other payables: amounts falling due within one year |
2023
2024
907
-
Taxation and social security |
2,568
6,450
3,891
1,136
7,366
7,586
5. Related party transactions |
By virtue of their shareholding the company is controlled by P Jenkinson and Mrs A Jenkinson, directors. At the year |
end the company owed £2,188 to Mr and Mrs Jenkinson. |
6. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
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