10 false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2021 - FRS102_2021 86,262 78,585 164,847 40,054 19,530 59,584 105,263 46,208 xbrli:pure xbrli:shares iso4217:GBP 09688547 2023-01-01 2024-06-30 09688547 2024-06-30 09688547 2022-12-31 09688547 2022-01-01 2022-12-31 09688547 2022-12-31 09688547 bus:OrdinaryShareClass1 2023-01-01 2024-06-30 09688547 bus:Director1 2023-01-01 2024-06-30 09688547 core:WithinOneYear 2024-06-30 09688547 core:WithinOneYear 2022-12-31 09688547 core:AfterOneYear 2022-12-31 09688547 core:ShareCapital 2024-06-30 09688547 core:ShareCapital 2022-12-31 09688547 core:RetainedEarningsAccumulatedLosses 2024-06-30 09688547 core:RetainedEarningsAccumulatedLosses 2022-12-31 09688547 bus:SmallEntities 2023-01-01 2024-06-30 09688547 bus:AuditExemptWithAccountantsReport 2023-01-01 2024-06-30 09688547 bus:FullAccounts 2023-01-01 2024-06-30 09688547 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2024-06-30 09688547 bus:PrivateLimitedCompanyLtd 2023-01-01 2024-06-30 09688547 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 09688547 bus:OrdinaryShareClass1 2024-06-30 09688547 bus:OrdinaryShareClass1 2022-12-31 09688547 core:ComputerEquipment 2022-12-31 09688547 core:ComputerEquipment 2023-01-01 2024-06-30 09688547 core:ComputerEquipment 2024-06-30
COMPANY REGISTRATION NUMBER: 09688547
KITMAPPER LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
30 June 2024
KITMAPPER LIMITED
FINANCIAL STATEMENTS
PERIOD FROM 1 JANUARY 2023 TO 30 JUNE 2024
Contents
Pages
Balance sheet 1
Notes to the financial statements 2 to 4
KITMAPPER LIMITED
BALANCE SHEET
30 June 2024
30 Jun 24
31 Dec 22
Note
£
£
Fixed assets
Tangible assets
5
105,263
46,208
Current assets
Debtors
6
280,683
22,978
Cash at bank and in hand
103,405
31,071
------------
------------
384,088
54,049
Creditors: amounts falling due within one year
7
( 311,510)
( 42,920)
------------
------------
Net current assets
72,578
11,129
------------
------------
Total assets less current liabilities
177,841
57,337
Creditors: amounts falling due after more than one year
8
( 457,000)
------------
------------
Net assets/(liabilities)
177,841
( 399,663)
------------
------------
Capital and reserves
Called up share capital
9
457,100
100
Profit and loss account
( 279,259)
( 399,763)
------------
------------
Shareholders funds/(deficit)
177,841
( 399,663)
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 3 October 2024 , and are signed on behalf of the board by:
D N Charlesworth
Director
Company registration number: 09688547
KITMAPPER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 1 JANUARY 2023 TO 30 JUNE 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 35 Westgate, Huddersfield, West Yorkshire, HD1 1PA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
IT Kit
-
50% pa straight line from month of purchase
Lease costs
Payments under operating leases are charged to the profit and loss account when paid.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 10 (2022: 8 ).
5. Tangible assets
IT Kit
£
Cost
At 1 January 2023
86,262
Additions
78,585
------------
At 30 June 2024
164,847
------------
Depreciation
At 1 January 2023
40,054
Charge for the period
19,530
------------
At 30 June 2024
59,584
------------
Carrying amount
At 30 June 2024
105,263
------------
At 31 December 2022
46,208
------------
6. Debtors
30 Jun 24
31 Dec 22
£
£
Trade debtors
266,124
2,894
Prepayments and accrued income
14,559
20,084
------------
------------
280,683
22,978
------------
------------
7. Creditors: amounts falling due within one year
30 Jun 24
31 Dec 22
£
£
Trade creditors
1,172
8,474
Accruals and deferred income
202,134
34,446
Social security and other taxes
65,438
Loans
42,766
------------
------------
311,510
42,920
------------
------------
8. Creditors: amounts falling due after more than one year
30 Jun 24
31 Dec 22
£
£
Loans
457,000
------------
------------
9. Called up share capital
Issued, called up and fully paid
30 Jun 24
31 Dec 22
No.
£
No.
£
Ordinary shares of £ 0.01 (2022 - £ 1) each
45,710,000
457,100
100
100
-------------
------------
------------
------------
During the period the shares were subdivided into ordinary shares of £0.01 each. A further 45,700,000 ordinary shares of £0.01 each were issued fully paid for cash at par.
10. Related party transactions
The loans set out at notes 8 and 9 above are unsecured, repayable on agreed terms and currently interest-free. They are owed to a director and associated companies. The company is controlled by Charlesworth Family Group Limited.