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Company Registration No. 06731957 (England and Wales)
Kingfisher Access Limited Unaudited accounts for the year ended 31 March 2024
Kingfisher Access Limited Unaudited accounts Contents
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Kingfisher Access Limited Company Information for the year ended 31 March 2024
Directors
Amanda Reid Samantha Reid
Company Number
06731957 (England and Wales)
Registered Office
Laser Quay, Delta House Culpeper Close Medway City Estate Rochester ME2 4HU United Kingdom
Accountants
CPM Accountants Old Library Maidstone ME14 1LH
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Kingfisher Access Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
209,200 
208,271 
Current assets
Inventories
3,000 
3,000 
Debtors
57,674 
42,322 
Cash at bank and in hand
371,647 
245,905 
432,321 
291,227 
Creditors: amounts falling due within one year
(147,580)
(140,552)
Net current assets
284,741 
150,675 
Total assets less current liabilities
493,941 
358,946 
Provisions for liabilities
Deferred tax
(1,136)
(884)
Net assets
492,805 
358,062 
Capital and reserves
Called up share capital
105 
105 
Profit and loss account
492,700 
357,957 
Shareholders' funds
492,805 
358,062 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2024 and were signed on its behalf by
Samantha Reid Director Company Registration No. 06731957
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Kingfisher Access Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Kingfisher Access Limited is a private company, limited by shares, registered in England and Wales, registration number 06731957. The registered office is Laser Quay, Delta House, Culpeper Close, Medway City Estate, Rochester, ME2 4HU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Kingfisher Access Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
297,800 
Additions
3,995 
At 31 March 2024
301,795 
Depreciation
At 1 April 2023
89,529 
Charge for the year
3,066 
At 31 March 2024
92,595 
Net book value
At 31 March 2024
209,200 
At 31 March 2023
208,271 
5
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 March 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than five years
64,100 
64,100 
6
Transactions with related parties
During the year, total dividends of £76,952 (2023 - £77,362) were paid to the directors.
7
Average number of employees
During the year the average number of employees was 5 (2023: 3).
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