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REGISTERED NUMBER: 07040891 (England and Wales)















KIS MARKETING LIMITED

Unaudited Financial Statements

for the Year Ended 31 January 2024






KIS MARKETING LIMITED (REGISTERED NUMBER: 07040891)

Contents of the Financial Statements
for the year ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KIS MARKETING LIMITED

Company Information
for the year ended 31 January 2024







Director: S H Lipyeat





Registered office: Fairway Cottage
Blighton Lane
The Sands
Farnham
Surrey
GU10 1PT





Registered number: 07040891 (England and Wales)





Accountants: Cooper Parry Advisory Limited
250 Fowler Avenue
Farnborough
Hampshire
GU14 7JP

KIS MARKETING LIMITED (REGISTERED NUMBER: 07040891)

Balance Sheet
31 January 2024

2024 2023
Notes £ £
Fixed assets
Intangible assets 4 1 1
Tangible assets 5 4,427 3,389
4,428 3,390

Current assets
Debtors 6 151,282 149,464
Cash at bank 75,815 66,142
227,097 215,606
Creditors
Amounts falling due within one year 7 (45,319 ) (32,264 )
Net current assets 181,778 183,342
Total assets less current liabilities 186,206 186,732

Capital and reserves
Called up share capital 8 1,000 1,000
Retained earnings 185,206 185,732
Shareholders' funds 186,206 186,732

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 MARKETING LIMITED (REGISTERED NUMBER: 07040891)

Balance Sheet - continued
31 January 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 Profit and Loss Account 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 H Lipyeat - Director


KIS MARKETING LIMITED (REGISTERED NUMBER: 07040891)

Notes to the Financial Statements
for the year ended 31 January 2024


1. Statutory information

KiS Marketing 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 FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover
Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

Goodwill
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is10 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures and fittings25% reducing balance

Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.


KIS MARKETING LIMITED (REGISTERED NUMBER: 07040891)

Notes to the Financial Statements - continued
for the year ended 31 January 2024


2. Accounting policies - continued
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction. Financial liabilities classified as payable within one year are not amortised.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax
The tax currently payable is based on taxable profit for the year. The company’s liability for current tax is calculated using tax rates that have been enacted by the reporting end date.

Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised

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 year was 4 (2023 - 4 ) .

KIS MARKETING LIMITED (REGISTERED NUMBER: 07040891)

Notes to the Financial Statements - continued
for the year ended 31 January 2024


4. Intangible fixed assets
Goodwill
£
Cost
At 1 February 2023
and 31 January 2024 312,500
Amortisation
At 1 February 2023
and 31 January 2024 312,499
Net book value
At 31 January 2024 1
At 31 January 2023 1

5. Tangible fixed assets
Fixtures
and
fittings
£
Cost
At 1 February 2023 13,022
Additions 2,099
At 31 January 2024 15,121
Depreciation
At 1 February 2023 9,633
Charge for year 1,061
At 31 January 2024 10,694
Net book value
At 31 January 2024 4,427
At 31 January 2023 3,389

6. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 39,931 39,861
Other debtors 111,351 109,603
151,282 149,464

KIS MARKETING LIMITED (REGISTERED NUMBER: 07040891)

Notes to the Financial Statements - continued
for the year ended 31 January 2024


7. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 4,590 4,947
Taxation and social security 30,187 15,352
Other creditors 10,542 11,965
45,319 32,264

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
1,000 Ordinary 1 1,000 1,000