Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 12439991 Mr B J Wilkins Mr A D Peake iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12439991 2023-02-28 12439991 2024-02-29 12439991 2023-03-01 2024-02-29 12439991 frs-core:CurrentFinancialInstruments 2024-02-29 12439991 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 12439991 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 12439991 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 12439991 frs-core:MotorVehicles 2024-02-29 12439991 frs-core:MotorVehicles 2023-03-01 2024-02-29 12439991 frs-core:MotorVehicles 2023-02-28 12439991 frs-core:PlantMachinery 2024-02-29 12439991 frs-core:PlantMachinery 2023-03-01 2024-02-29 12439991 frs-core:PlantMachinery 2023-02-28 12439991 frs-core:ShareCapital 2024-02-29 12439991 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 12439991 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 12439991 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 12439991 frs-bus:SmallEntities 2023-03-01 2024-02-29 12439991 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 12439991 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 12439991 frs-bus:Director1 2023-03-01 2024-02-29 12439991 frs-bus:Director2 2023-03-01 2024-02-29 12439991 frs-countries:EnglandWales 2023-03-01 2024-02-29 12439991 2022-02-28 12439991 2023-02-28 12439991 2022-03-01 2023-02-28 12439991 frs-core:CurrentFinancialInstruments 2023-02-28 12439991 frs-core:ShareCapital 2023-02-28 12439991 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 12439991
KISS Storage Limited
Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12439991
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 180,908 149,445
180,908 149,445
CURRENT ASSETS
Cash at bank and in hand 48,936 72,607
48,936 72,607
Creditors: Amounts Falling Due Within One Year 5 (55,960 ) (95,105 )
NET CURRENT ASSETS (LIABILITIES) (7,024 ) (22,498 )
TOTAL ASSETS LESS CURRENT LIABILITIES 173,884 126,947
NET ASSETS 173,884 126,947
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 173,784 126,847
SHAREHOLDERS' FUNDS 173,884 126,947
Page 1
Page 2
For the year ending 29 February 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr B J Wilkins
Director
25/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
KISS Storage Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12439991 . The registered office is 3 Pen Y Bryn, Swiss Valley, Llanelli, SA14 8PS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Not provided.
Plant & Machinery 10% on reducing balance.
Motor Vehicles 20% on reducing balance.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 March 2023 50,680 135,480 - 186,160
Additions - 24,600 24,000 48,600
As at 29 February 2024 50,680 160,080 24,000 234,760
Depreciation
As at 1 March 2023 - 36,715 - 36,715
Provided during the period - 12,337 4,800 17,137
As at 29 February 2024 - 49,052 4,800 53,852
Net Book Value
As at 29 February 2024 50,680 111,028 19,200 180,908
As at 1 March 2023 50,680 98,765 - 149,445
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 5,975 6,587
Accruals and deferred income 850 850
Directors' loan accounts 49,135 87,668
55,960 95,105
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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