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REGISTERED NUMBER: 09958630 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

KVIST ARCHITECTURE & DESIGN LIMITED

KVIST ARCHITECTURE & DESIGN LIMITED (REGISTERED NUMBER: 09958630)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


KVIST ARCHITECTURE & DESIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mrs C H Skaar





REGISTERED OFFICE: 2 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
HA1 3EX





REGISTERED NUMBER: 09958630 (England and Wales)





ACCOUNTANTS: Barber & Company
A trading name of PCM Accounting Limited
2 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

KVIST ARCHITECTURE & DESIGN LIMITED (REGISTERED NUMBER: 09958630)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 6,427 9,959

CURRENT ASSETS
Debtors 5 8,339 25,009
Cash at bank 25,603 121,261
33,942 146,270
CREDITORS
Amounts falling due within one year 6 10,445 115,466
NET CURRENT ASSETS 23,497 30,804
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,924

40,763

CREDITORS
Amounts falling due after more than one
year

7

(16,000

)

(20,000

)

PROVISIONS FOR LIABILITIES 8 (1,221 ) (1,892 )
NET ASSETS 12,703 18,871

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 12,603 18,771
SHAREHOLDERS' FUNDS 12,703 18,871

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

KVIST ARCHITECTURE & DESIGN LIMITED (REGISTERED NUMBER: 09958630)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2024 and were signed by:





Mrs C H Skaar - Director


KVIST ARCHITECTURE & DESIGN LIMITED (REGISTERED NUMBER: 09958630)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

KVIST Architecture & Design 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue 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.
Fixtures and fittings - 25% on cost
Computer and other equipment - 25% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

KVIST ARCHITECTURE & DESIGN LIMITED (REGISTERED NUMBER: 09958630)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures Computer
and and other
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 14,771 8,321 23,092
Disposals (2,915 ) - (2,915 )
At 31 December 2023 11,856 8,321 20,177
DEPRECIATION
At 1 January 2023 10,725 2,408 13,133
Charge for year 1,445 2,087 3,532
Eliminated on disposal (2,915 ) - (2,915 )
At 31 December 2023 9,255 4,495 13,750
NET BOOK VALUE
At 31 December 2023 2,601 3,826 6,427
At 31 December 2022 4,046 5,913 9,959

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 5,679 21,016
Other debtors 48 172
Directors' current accounts - 941
Prepayments and accrued income 2,612 2,880
8,339 25,009

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 4,000 -
Trade creditors 599 62,464
Other taxation and social security 717 12,383
Directors' current accounts 783 -
Accruals and deferred income 4,346 40,619
10,445 115,466

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 4,000 4,000
Bank loans - 2-5 years 12,000 16,000
16,000 20,000

KVIST ARCHITECTURE & DESIGN LIMITED (REGISTERED NUMBER: 09958630)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 1,221 1,892

Deferred
tax
£   
Balance at 1 January 2023 1,892
Provided during year (671 )
Balance at 31 December 2023 1,221

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary Shares £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 January 2023 18,771
Deficit for the year (6,168 )
At 31 December 2023 12,603