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REGISTERED NUMBER: 04552996 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31st December 2023

for

KINGSHOTT HOLDINGS LIMITED

KINGSHOTT HOLDINGS LIMITED (REGISTERED NUMBER: 04552996)






Contents of the Financial Statements
for the year ended 31st December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

KINGSHOTT HOLDINGS LIMITED

Company Information
for the year ended 31st December 2023







DIRECTORS: M J Kingshott
Mrs H M Kingshott
J M Kingshott





REGISTERED OFFICE: 4th Floor
10 Lower Thames Street
London
EC3R 6AF





REGISTERED NUMBER: 04552996 (England and Wales)





ACCOUNTANTS: Simpson Wreford & Partners
Chartered Accountants
Suffolk House
George Street
Croydon
Surrey
CR0 0YN

KINGSHOTT HOLDINGS LIMITED (REGISTERED NUMBER: 04552996)

Statement of Financial Position
31st December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,004 64,717
Investments 5 600 277,418
60,604 342,135

CURRENT ASSETS
Debtors 6 1,928,769 1,820,656
Cash at bank 314,389 293,598
2,243,158 2,114,254
CREDITORS
Amounts falling due within one year 7 2,212,924 2,361,332
NET CURRENT ASSETS/(LIABILITIES) 30,234 (247,078 )
TOTAL ASSETS LESS CURRENT LIABILITIES 90,838 95,057

PROVISIONS FOR LIABILITIES 14,735 12,050
NET ASSETS 76,103 83,007

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 75,103 82,007
SHAREHOLDERS' FUNDS 76,103 83,007

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

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

The directors acknowledge their 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.

KINGSHOTT HOLDINGS LIMITED (REGISTERED NUMBER: 04552996)

Statement of Financial Position - continued
31st 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 Board of Directors and authorised for issue on 26th September 2024 and were signed on its behalf by:





M J Kingshott - Director


KINGSHOTT HOLDINGS LIMITED (REGISTERED NUMBER: 04552996)

Notes to the Financial Statements
for the year ended 31st December 2023

1. STATUTORY INFORMATION

Kingshott Holdings 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.

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.

The financial statements have been prepared on a going concern basis on the assumption that the company will receive financial support from the directors if required.

Turnover
Turnover 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.
Motor vehicles - 20% on cost
Equipment - 20% 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

KINGSHOTT HOLDINGS LIMITED (REGISTERED NUMBER: 04552996)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

4. TANGIBLE FIXED ASSETS
Motor
vehicles Equipment Totals
£    £    £   
COST
At 1st January 2023
and 31st December 2023 3,500 97,598 101,098
DEPRECIATION
At 1st January 2023 3,500 32,881 36,381
Charge for year - 4,713 4,713
At 31st December 2023 3,500 37,594 41,094
NET BOOK VALUE
At 31st December 2023 - 60,004 60,004
At 31st December 2022 - 64,717 64,717

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.12.23 31.12.22
£    £   
AG SH Gammel Kongevej CV - 276,818
Antiquiterra Limited 500 500
Graphite Square Management Ltd 100 100
600 277,418

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 43,419 430,196
Amounts owed by group undertakings 1,870,350 1,361,078
VAT - 9,382
Prepayments and accrued income 15,000 20,000
1,928,769 1,820,656

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 1,500,797 1,269,722
Amounts owed to group undertakings 73,413 -
Tax 9,945 36,340
Social security and other taxes 284 677
VAT 21,542 -
Other creditors 7,276 64,027
Accrued expenses 599,667 990,566
2,212,924 2,361,332

KINGSHOTT HOLDINGS LIMITED (REGISTERED NUMBER: 04552996)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

8. CONTROLLING PARTY

M J Kingshott, a director, controls the company by virtue of a 51% interest in the company's issued ordinary share capital.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Kingshott Holdings Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kingshott Holdings Limited for the year ended 31st December 2023 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Kingshott Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kingshott Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Kingshott Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kingshott Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Kingshott Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Kingshott Holdings Limited. You consider that Kingshott Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kingshott Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Simpson Wreford & Partners
Chartered Accountants
Suffolk House
George Street
Croydon
Surrey
CR0 0YN


26th September 2024