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REGISTERED NUMBER: 12424122 (England and Wales)


Financial Statements for the Year Ended 31 January 2024

for

Kingstanding News & Booz Ltd

Kingstanding News & Booz Ltd (Registered number: 12424122)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Kingstanding News & Booz Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mr Gurjit Singh





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 12424122 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Kingstanding News & Booz Ltd (Registered number: 12424122)

Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £   
CURRENT ASSETS
Inventories 25,332 20,987
Debtors 4 48,182 48,173
Cash at bank and in hand 3,331 2,365
76,845 71,525
CREDITORS
Amounts falling due within one year 5 29,206 13,020
NET CURRENT ASSETS 47,639 58,505
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,639

58,505

CREDITORS
Amounts falling due after more than one
year

6

44,347

46,864
NET ASSETS 3,292 11,641

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 3,192 11,541
SHAREHOLDERS' FUNDS 3,292 11,641

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.

Kingstanding News & Booz Ltd (Registered number: 12424122)

Statement of Financial Position - 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 October 2024 and were signed by:





Mr Gurjit Singh - Director


Kingstanding News & Booz Ltd (Registered number: 12424122)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Kingstanding News & Booz Ltd 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 represents net sales of invoiced goods and services excluding Value Added Tax.

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 48,000 48,000
Other debtors 182 173
48,182 48,173

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 9,654 2,934
Taxation and social security 8,130 5,998
Other creditors 11,422 4,088
29,206 13,020

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans 44,347 46,864

Kingstanding News & Booz Ltd (Registered number: 12424122)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Share capital 1 £1 100 100