2023-05-012024-04-302024-04-30false04226550KRUGER COWNE LTD.2024-09-13iso4217:GBPxbrli:pure042265502023-05-01042265502024-04-30042265502023-05-012024-04-30042265502022-05-01042265502023-04-30042265502022-05-012023-04-3004226550bus:SmallEntities2023-05-012024-04-3004226550bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3004226550bus:FullAccounts2023-05-012024-04-3004226550bus:PrivateLimitedCompanyLtd2023-05-012024-04-3004226550core:WithinOneYear2024-04-3004226550core:AfterOneYear2024-04-3004226550core:WithinOneYear2023-04-3004226550core:AfterOneYear2023-04-3004226550core:ShareCapital2024-04-3004226550core:SharePremium2024-04-3004226550core:RevaluationReserve2024-04-3004226550core:OtherReservesSubtotal2024-04-3004226550core:RetainedEarningsAccumulatedLosses2024-04-3004226550core:ShareCapital2023-04-3004226550core:SharePremium2023-04-3004226550core:RevaluationReserve2023-04-3004226550core:OtherReservesSubtotal2023-04-3004226550core:RetainedEarningsAccumulatedLosses2023-04-3004226550core:LandBuildings2024-04-3004226550core:PlantMachinery2024-04-3004226550core:Vehicles2024-04-3004226550core:FurnitureFittings2024-04-3004226550core:OfficeEquipment2024-04-3004226550core:NetGoodwill2024-04-3004226550core:IntangibleAssetsOtherThanGoodwill2024-04-3004226550core:ListedExchangeTraded2024-04-3004226550core:UnlistedNon-exchangeTraded2024-04-3004226550core:LandBuildings2023-04-3004226550core:PlantMachinery2023-04-3004226550core:Vehicles2023-04-3004226550core:FurnitureFittings2023-04-3004226550core:OfficeEquipment2023-04-3004226550core:NetGoodwill2023-04-3004226550core:IntangibleAssetsOtherThanGoodwill2023-04-3004226550core:ListedExchangeTraded2023-04-3004226550core:UnlistedNon-exchangeTraded2023-04-3004226550core:LandBuildings2023-05-012024-04-3004226550core:PlantMachinery2023-05-012024-04-3004226550core:Vehicles2023-05-012024-04-3004226550core:FurnitureFittings2023-05-012024-04-3004226550core:OfficeEquipment2023-05-012024-04-3004226550core:NetGoodwill2023-05-012024-04-3004226550core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3004226550core:ListedExchangeTraded2023-05-012024-04-3004226550core:UnlistedNon-exchangeTraded2023-05-012024-04-3004226550core:MoreThanFiveYears2023-05-012024-04-3004226550core:Non-currentFinancialInstruments2024-04-3004226550core:Non-currentFinancialInstruments2023-04-3004226550dpl:CostSales2023-05-012024-04-3004226550dpl:DistributionCosts2023-05-012024-04-3004226550core:LandBuildings2023-05-012024-04-3004226550core:PlantMachinery2023-05-012024-04-3004226550core:Vehicles2023-05-012024-04-3004226550core:FurnitureFittings2023-05-012024-04-3004226550core:OfficeEquipment2023-05-012024-04-3004226550dpl:AdministrativeExpenses2023-05-012024-04-3004226550core:NetGoodwill2023-05-012024-04-3004226550core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3004226550dpl:GroupUndertakings2023-05-012024-04-3004226550dpl:ParticipatingInterests2023-05-012024-04-3004226550dpl:GroupUndertakingscore:ListedExchangeTraded2023-05-012024-04-3004226550core:ListedExchangeTraded2023-05-012024-04-3004226550dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-05-012024-04-3004226550core:UnlistedNon-exchangeTraded2023-05-012024-04-3004226550dpl:CostSales2022-05-012023-04-3004226550dpl:DistributionCosts2022-05-012023-04-3004226550core:LandBuildings2022-05-012023-04-3004226550core:PlantMachinery2022-05-012023-04-3004226550core:Vehicles2022-05-012023-04-3004226550core:FurnitureFittings2022-05-012023-04-3004226550core:OfficeEquipment2022-05-012023-04-3004226550dpl:AdministrativeExpenses2022-05-012023-04-3004226550core:NetGoodwill2022-05-012023-04-3004226550core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3004226550dpl:GroupUndertakings2022-05-012023-04-3004226550dpl:ParticipatingInterests2022-05-012023-04-3004226550dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-012023-04-3004226550core:ListedExchangeTraded2022-05-012023-04-3004226550dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-012023-04-3004226550core:UnlistedNon-exchangeTraded2022-05-012023-04-3004226550core:NetGoodwill2024-04-3004226550core:IntangibleAssetsOtherThanGoodwill2024-04-3004226550core:LandBuildings2024-04-3004226550core:PlantMachinery2024-04-3004226550core:Vehicles2024-04-3004226550core:FurnitureFittings2024-04-3004226550core:OfficeEquipment2024-04-3004226550core:AfterOneYear2024-04-3004226550core:WithinOneYear2024-04-3004226550core:ListedExchangeTraded2024-04-3004226550core:UnlistedNon-exchangeTraded2024-04-3004226550core:ShareCapital2024-04-3004226550core:SharePremium2024-04-3004226550core:RevaluationReserve2024-04-3004226550core:OtherReservesSubtotal2024-04-3004226550core:RetainedEarningsAccumulatedLosses2024-04-3004226550core:NetGoodwill2023-04-3004226550core:IntangibleAssetsOtherThanGoodwill2023-04-3004226550core:LandBuildings2023-04-3004226550core:PlantMachinery2023-04-3004226550core:Vehicles2023-04-3004226550core:FurnitureFittings2023-04-3004226550core:OfficeEquipment2023-04-3004226550core:AfterOneYear2023-04-3004226550core:WithinOneYear2023-04-3004226550core:ListedExchang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KRUGER COWNE LTD.

Registered Number
04226550
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2024

KRUGER COWNE LTD.
Company Information
for the year from 1 May 2023 to 30 April 2024

Directors

G NELTHORPE-COWNE
M NELTHORPE-COWNE
A SINGTON

Company Secretary

AURIA ACCOUNTANCY LIMITED

Registered Address

C/O Auria
48 Warwick Street
London
W1B 5AW

Registered Number

04226550 (England and Wales)
KRUGER COWNE LTD.
Balance Sheet as at
30 April 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets318,07210,535
18,07210,535
Current assets
Debtors4198,8451,335,328
Current asset investments101,462101,462
Cash at bank and on hand408,475532,930
708,7821,969,720
Creditors amounts falling due within one year5(1,452,336)(2,523,583)
Net current assets (liabilities)(743,554)(553,863)
Total assets less current liabilities(725,482)(543,328)
Creditors amounts falling due after one year6(11,667)(94,233)
Provisions for liabilities8(4,518)-
Net assets(741,667)(637,561)
Capital and reserves
Called up share capital1,0001,000
Profit and loss account(742,667)(638,561)
Shareholders' funds(741,667)(637,561)
The financial statements were approved and authorised for issue by the Board of Directors on 13 September 2024, and are signed on its behalf by:
M NELTHORPE-COWNE
Director
Registered Company No. 04226550
KRUGER COWNE LTD.
Notes to the Financial Statements
for the year ended 30 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.Average number of employees

20242023
Average number of employees during the year1212
3.Tangible fixed assets

Fixtures & fittings

Total

££
Cost or valuation
At 01 May 2341,15341,153
Additions13,56113,561
At 30 April 2454,71454,714
Depreciation and impairment
At 01 May 2330,61830,618
Charge for year6,0246,024
At 30 April 2436,64236,642
Net book value
At 30 April 2418,07218,072
At 30 April 2310,53510,535
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables148,090577,931
Other debtors50,755757,397
Total198,8451,335,328
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables353,5781,053,089
Bank borrowings and overdrafts11,27326
Taxation and social security316,622405,242
Other creditors601,003199,227
Accrued liabilities and deferred income169,860865,999
Total1,452,3362,523,583
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2024

2023

££
Other creditors11,66794,233
Total11,66794,233
Long term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts-61,733
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)4,518-
Total4,518-