IRIS Accounts Production v24.2.0.383 08093714 director 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080937142023-06-30080937142024-06-30080937142023-07-012024-06-30080937142022-06-30080937142022-07-012023-06-30080937142023-06-3008093714ns15:EnglandWales2023-07-012024-06-3008093714ns14:PoundSterling2023-07-012024-06-3008093714ns10:Director12023-07-012024-06-3008093714ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3008093714ns10:SmallEntities2023-07-012024-06-3008093714ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3008093714ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3008093714ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3008093714ns10:FullAccounts2023-07-012024-06-3008093714ns10:RegisteredOffice2023-07-012024-06-3008093714ns5:CurrentFinancialInstruments2024-06-3008093714ns5:CurrentFinancialInstruments2023-06-3008093714ns5:Non-currentFinancialInstruments2024-06-3008093714ns5:Non-currentFinancialInstruments2023-06-3008093714ns5:ShareCapital2024-06-3008093714ns5:ShareCapital2023-06-3008093714ns5:RetainedEarningsAccumulatedLosses2024-06-3008093714ns5:RetainedEarningsAccumulatedLosses2023-06-3008093714ns5:MotorVehicles2023-07-012024-06-3008093714ns5:ComputerEquipment2023-07-012024-06-3008093714ns5:MotorVehicles2023-06-3008093714ns5:ComputerEquipment2023-06-3008093714ns5:MotorVehicles2024-06-3008093714ns5:ComputerEquipment2024-06-3008093714ns5:MotorVehicles2023-06-3008093714ns5:ComputerEquipment2023-06-3008093714ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3008093714ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30
REGISTERED NUMBER: 08093714 (England and Wales)












Financial Statements for the Year Ended 30 June 2024

for

Kitbag Productions Limited

Kitbag Productions Limited (Registered number: 08093714)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kitbag Productions Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: J Dalton





REGISTERED OFFICE: Unit 4D Lansbury Business Estate
102 Lower Guildford Road
Knaphill
Woking
Surrey
GU21 2EP





REGISTERED NUMBER: 08093714 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Unit 4D, Lansbury Business Estate
102 Lower Guildford Road
Knaphill
Woking
Surrey
GU21 2EP

Kitbag Productions Limited (Registered number: 08093714)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 43,336 20,876

CURRENT ASSETS
Debtors 5 17,099 18,763
Cash at bank 17,102 39,236
34,201 57,999
CREDITORS
Amounts falling due within one year 6 (30,252 ) (39,631 )
NET CURRENT ASSETS 3,949 18,368
TOTAL ASSETS LESS CURRENT LIABILITIES 47,285 39,244

CREDITORS
Amounts falling due after more than one
year

7

(11,900

)

(17,000

)

PROVISIONS FOR LIABILITIES (8,823 ) (3,966 )
NET ASSETS 26,562 18,278

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 26,462 18,178
26,562 18,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Kitbag Productions Limited (Registered number: 08093714)

Balance Sheet - continued
30 June 2024


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 11 September 2024 and were signed by:





J Dalton - Director


Kitbag Productions Limited (Registered number: 08093714)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

Kitbag Productions 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.

Revenue
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.
Motor vehicles - 25% on reducing balance
Equipment - 25% on reducing balance

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 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 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 1 (2023 - 1 ) .

Kitbag Productions Limited (Registered number: 08093714)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


4. PROPERTY, PLANT AND EQUIPMENT
Motor
vehicles Equipment Totals
£    £    £   
COST
At 1 July 2023 - 68,694 68,694
Additions 38,621 - 38,621
Disposals - (9,134 ) (9,134 )
At 30 June 2024 38,621 59,560 98,181
DEPRECIATION
At 1 July 2023 - 47,818 47,818
Charge for year 9,655 4,790 14,445
Eliminated on disposal - (7,418 ) (7,418 )
At 30 June 2024 9,655 45,190 54,845
NET BOOK VALUE
At 30 June 2024 28,966 14,370 43,336
At 30 June 2023 - 20,876 20,876

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 14,860 17,557
Other debtors 2,239 1,206
17,099 18,763

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 6,800 6,800
Taxation and social security 19,215 24,684
Other creditors 4,237 8,147
30,252 39,631

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 11,900 17,000