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REGISTERED NUMBER: 12407480 (England and Wales)















Unaudited Financial Statements

for the Period 29 June 2022 to 26 June 2023

for

Kinaird Castle Ltd

Kinaird Castle Ltd (Registered number: 12407480)






Contents of the Financial Statements
for the period 29 June 2022 to 26 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kinaird Castle Ltd

Company Information
for the period 29 June 2022 to 26 June 2023







DIRECTOR: O J Bryssau





REGISTERED OFFICE: 3 Railway Court
Doncaster
South Yorkshire
DN4 5FB





REGISTERED NUMBER: 12407480 (England and Wales)





ACCOUNTANTS: Royston Parkin Limited
2 President Buildings
Savile Street East
Sheffield
South Yorkshire
S4 7UQ

Kinaird Castle Ltd (Registered number: 12407480)

Balance Sheet
26 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,149 2,265

CURRENT ASSETS
Inventories 277,505 260,921
Debtors 5 9,520 10,766
Cash at bank 2,064 -
289,089 271,687
CREDITORS
Amounts falling due within one year 6 223,256 205,700
NET CURRENT ASSETS 65,833 65,987
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,982

68,252

CREDITORS
Amounts falling due after more than
one year

7

41,466

39,822
NET ASSETS 25,516 28,430

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 25,515 28,429
25,516 28,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 26 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 26 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Kinaird Castle Ltd (Registered number: 12407480)

Balance Sheet - continued
26 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2024 and were signed by:





O J Bryssau - Director


Kinaird Castle Ltd (Registered number: 12407480)

Notes to the Financial Statements
for the period 29 June 2022 to 26 June 2023

1. STATUTORY INFORMATION

Kinaird Castle Ltd 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
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.
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation
Taxation for the period 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 period 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.

Kinaird Castle Ltd (Registered number: 12407480)

Notes to the Financial Statements - continued
for the period 29 June 2022 to 26 June 2023

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 29 June 2022
and 26 June 2023 3,397
DEPRECIATION
At 29 June 2022 1,132
Charge for period 1,116
At 26 June 2023 2,248
NET BOOK VALUE
At 26 June 2023 1,149
At 28 June 2022 2,265

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 567,323
Bad debt provision - (567,323 )
VAT 9,520 10,766
9,520 10,766

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,758 8,409
Trade creditors 2,580 2,582
Tax 6,198 6,619
Amount due to 1 connected co - 58,166
Directors' current accounts 206,210 128,714
Accruals and deferred income 2,510 1,210
223,256 205,700

Kinaird Castle Ltd (Registered number: 12407480)

Notes to the Financial Statements - continued
for the period 29 June 2022 to 26 June 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 5,758 39,822
Bank loans - 2-5 years 35,708 -
41,466 39,822

8. CHANGE TO ACCOUNTING PERIOD

The Director has decided to shorten the Company's accounting period from 28th June to 26th June to assist in the Company's ability to meet its filing requirements.