Registered number
04313560
Kaylen Property Services Limited
Filleted Accounts for the year ended
31 October 2023
Kaylen Property Services Limited
Registered number: 04313560
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 - 2,500
Current assets
Debtors 4 89,102 69,825
Creditors: amounts falling due within one year 5 (63,813) (48,497)
Net current assets 25,289 21,328
Total assets less current liabilities 25,289 23,828
Creditors: amounts falling due after more than one year 6 (13,158) (6,577)
Net assets 12,131 17,251
Capital and reserves
Called up share capital 1 1
Profit and loss account 12,130 17,250
Shareholder's funds 12,131 17,251
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
E Burgess
Director
Approved by the board on 17 October 2024
Kaylen Property Services Limited
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 rendering of services which is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% striaght line
Motor vehicles 25% striaght line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Motor vehicles
£
Cost
At 1 November 2022 12,500
At 31 October 2023 12,500
Depreciation
At 1 November 2022 10,000
Charge for the year 2,500
At 31 October 2023 12,500
Net book value
At 31 October 2023 -
At 31 October 2022 2,500
4 Debtors 2023 2022
£ £
Trade debtors 14,978 11,019
Other debtors 74,124 58,806
89,102 69,825
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 21,741 21,486
Trade creditors 4,142 2,373
Taxation and social security costs 35,335 22,043
Other creditors 2,595 2,595
63,813 48,497
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 4,240 6,577
Other creditors 8,918 -
13,158 6,577
7 Transactions with the director
During the year the director and 100% shareholder E Burgess together with his wife received dividends totalling £15,250 (2022: £4,000).

As at 31 October 2023 the company was owed £64,124 (2022: £49,256) by the director E Burgess and his wife, and this is included in other debtors. This was made on an interest free basis. This loan was repaid after the year end.
8 Controlling party
The controlling party is the director E Burgess who together with his wife holds 100% of the issued share capital.
9 Other information
Kaylen Property Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
94 Hayes Lane
Bromley
Kent
BR2 9EP
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