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REGISTERED NUMBER: 04602813 (England and Wales)















Unaudited Financial Statements

for the Period 1 February 2024 to 31 May 2024

for

Kis Coaches And Taxis Limited

Kis Coaches And Taxis Limited (Registered number: 04602813)






Contents of the Financial Statements
for the Period 1 February 2024 to 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kis Coaches And Taxis Limited

Company Information
for the Period 1 February 2024 to 31 May 2024







DIRECTOR: S M Simpson





SECRETARY:





REGISTERED OFFICE: Unit 10, Minton Trading Estate
Main Road
Far Cotton
Northampton
Northamptonshire
NN4 8ES





REGISTERED NUMBER: 04602813 (England and Wales)





ACCOUNTANTS: Tim O'Brien CA
The Green
Datchet
Berkshire
SL3 9AS

Kis Coaches And Taxis Limited (Registered number: 04602813)

Balance Sheet
31 May 2024

31.5.24 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 840,393 876,293

CURRENT ASSETS
Debtors 5 48,336 81,137
Cash in hand - 142
48,336 81,279
CREDITORS
Amounts falling due within one year 6 216,042 319,358
NET CURRENT LIABILITIES (167,706 ) (238,079 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

672,687

638,214

CREDITORS
Amounts falling due after more than one
year

7

260,190

352,246
NET ASSETS 412,497 285,968

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 412,397 285,868
412,497 285,968

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

Kis Coaches And Taxis Limited (Registered number: 04602813)

Balance Sheet - continued
31 May 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 10 October 2024 and were signed by:





S M Simpson - Director


Kis Coaches And Taxis Limited (Registered number: 04602813)

Notes to the Financial Statements
for the Period 1 February 2024 to 31 May 2024

1. STATUTORY INFORMATION

Kis Coaches And Taxis 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.

Turnover
Turnover 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.

Taxation
Taxation for the period 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 period 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 period was 19 (2024 - 19 ) .

Kis Coaches And Taxis Limited (Registered number: 04602813)

Notes to the Financial Statements - continued
for the Period 1 February 2024 to 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 1,871,011
Additions 40,500
At 31 May 2024 1,911,511
DEPRECIATION
At 1 February 2024 994,718
Charge for period 76,400
At 31 May 2024 1,071,118
NET BOOK VALUE
At 31 May 2024 840,393
At 31 January 2024 876,293

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.1.24
£    £   
Trade debtors 34,625 64,263
Other debtors 13,711 16,874
48,336 81,137

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.1.24
£    £   
Bank loans and overdrafts - 12,691
Hire purchase contracts 176,365 148,128
Trade creditors 15,243 114,600
Taxation and social security 14,343 28,870
Other creditors 10,091 15,069
216,042 319,358

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.1.24
£    £   
Bank loans - 50,000
Hire purchase contracts 260,190 302,246
260,190 352,246