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Company Registration No. 01101897 (England and Wales)
Kingsley Fitted Furniture Limited Unaudited accounts for the year ended 31 March 2024
Kingsley Fitted Furniture Limited Unaudited accounts Contents
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Kingsley Fitted Furniture Limited Company Information for the year ended 31 March 2024
Director
Robert Carter
Company Number
01101897 (England and Wales)
Registered Office
CANAL ROAD/AVIARY ROAD LEEDS WEST YORKSHIRE LS12 2NS
Accountants
Andrew Stockwell MAAT- AJS Accounting Solutions Agility House Mansfield Woodhouse Mansfield Nottinghamshire NG19 8BA
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Kingsley Fitted Furniture Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,852 
29,434 
Current assets
Inventories
6,332 
5,154 
Debtors
13,996 
9,965 
Cash at bank and in hand
77,384 
86,114 
97,712 
101,233 
Creditors: amounts falling due within one year
(113,079)
(125,126)
Net current liabilities
(15,367)
(23,893)
Net assets
14,485 
5,541 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
13,485 
4,541 
Shareholders' funds
14,485 
5,541 
For the year 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 director acknowledges his 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 and authorised for issue on 15 October 2024 and were signed on its behalf by
Robert Carter Director Company Registration No. 01101897
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Kingsley Fitted Furniture Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Kingsley Fitted Furniture Limited is a private company, limited by shares, registered in England and Wales, registration number 01101897. The registered office is CANAL ROAD/AVIARY ROAD, LEEDS, WEST YORKSHIRE, LS12 2NS.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Land & buildings
2% Straight line
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
50,000 
11,633 
61,633 
Additions
- 
2,520 
2,520 
At 31 March 2024
50,000 
14,153 
64,153 
Depreciation
At 1 April 2023
26,800 
5,399 
32,199 
Charge for the year
1,000 
1,102 
2,102 
At 31 March 2024
27,800 
6,501 
34,301 
Net book value
At 31 March 2024
22,200 
7,652 
29,852 
At 31 March 2023
23,200 
6,234 
29,434 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,996 
9,965 
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Kingsley Fitted Furniture Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
4,054 
16,127 
Taxes and social security
4,021 
3,995 
Loans from directors
104,004 
104,004 
Accruals
1,000 
1,000 
113,079 
125,126 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Transactions with related parties
During the year Robert Carter the director and majority shareholder provided the company with an interest free loan. At the balance sheet date, the amount owed to Robert Carter was £50,014 (2021:£22,503)
9
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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