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Company Registration No. 08043971 (England and Wales)
Kemp Private Finance Limited Unaudited accounts for the period from 1 May 2023 to 31 March 2024
Kemp Private Finance Limited Company Information for the period from 1 May 2023 to 31 March 2024
Directors
Stevie Esther Mahoney Timothy Clifford Kemp
Company Number
08043971 (England and Wales)
Registered Office
9-11 New Broadway London W5 5AW England
Accountants
Cloud Tax Ltd 9-11 New Broadway Ealing London W5 5AW
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Kemp Private Finance Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,788 
3,718 
Current assets
Debtors
322,998 
164,310 
Cash at bank and in hand
33,948 
78,800 
356,946 
243,110 
Creditors: amounts falling due within one year
(65,695)
(73,283)
Net current assets
291,251 
169,827 
Total assets less current liabilities
294,039 
173,545 
Creditors: amounts falling due after more than one year
(10,676)
(18,433)
Provisions for liabilities
Deferred tax
- 
(929)
Net assets
283,363 
154,183 
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
283,262 
154,082 
Shareholders' funds
283,363 
154,183 
For the period 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.
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 6 June 2024 and were signed on its behalf by
Timothy Clifford Kemp Director Company Registration No. 08043971
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Kemp Private Finance Limited Notes to the Accounts for the period from 1 May 2023 to 31 March 2024
1
Statutory information
Kemp Private Finance Limited is a private company, limited by shares, registered in England and Wales, registration number 08043971. The registered office is 9-11 New Broadway, London, W5 5AW, England.
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
These financial statements for the period from 1 May 2023 to 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
21,564 
At 31 March 2024
21,564 
Depreciation
At 1 May 2023
17,846 
Charge for the period
930 
At 31 March 2024
18,776 
Net book value
At 31 March 2024
2,788 
At 30 April 2023
3,718 
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Kemp Private Finance Limited Notes to the Accounts for the period from 1 May 2023 to 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
29,000 
Amounts due from group undertakings etc.
148,210 
64,910 
Accrued income and prepayments
- 
52,500 
Other debtors
174,788 
17,900 
322,998 
164,310 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,386 
8,386 
Taxes and social security
53,777 
61,655 
Loans from directors
364 
1,082 
Accruals
3,168 
2,160 
65,695 
73,283 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,676 
18,433 
8
Loans to directors
As at 31st March 2024, the director Mr. Timothy Kemp owes £155,888 (2023: £1,082 credit) to the company.
9
Average number of employees
During the period the average number of employees was 1 (2023: 2).
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