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
Kingsley Fitted Furniture Limited
Company Information
for the year ended 31 March 2024
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
Kingsley Fitted Furniture Limited
Statement of financial position
as at 31 March 2024
Tangible assets
29,852
29,434
Cash at bank and in hand
77,384
86,114
Creditors: amounts falling due within one year
(113,079)
(125,126)
Net current liabilities
(15,367)
(23,893)
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
Kingsley Fitted Furniture Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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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
At 31 March 2024
50,000
14,153
64,153
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
At 31 March 2024
22,200
7,652
29,852
At 31 March 2023
23,200
6,234
29,434
Amounts falling due within one year
Trade debtors
13,996
9,965
Kingsley Fitted Furniture Limited
Notes to the Accounts
for the year ended 31 March 2024
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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
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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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)
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Average number of employees
During the year the average number of employees was 7 (2023: 7).