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Company Registration No. 7154125 (England and Wales)
Kingswood UK Home Ltd Unaudited accounts for the year ended 28 August 2024
Kingswood UK Home Ltd Unaudited accounts Contents
Page
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Kingswood UK Home Ltd Company Information for the year ended 28 August 2024
Director
Mr M Ramful
Company Number
7154125 (England and Wales)
Registered Office
83 Winkworth Road Banstead Surrey SM7 2JW United Kingdom
Accountants
Accounting and Business Solutions 9 Wentworth Road Croydon England CR0 3HX
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Accountants' report on the preparation of the unaudited statutory statements of Kingswood UK Home Ltd (The Company) for the year ended 28 August 2024
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 28 August 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 28 August 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Accounting and Business Solutions Financial Accountants 9 Wentworth Road Croydon England CR0 3HX 18 October 2024
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Kingswood UK Home Ltd Statement of financial position as at 28 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
102,087 
114,848 
Tangible assets
1,283,447 
1,351,192 
1,385,534 
1,466,040 
Current assets
Cash at bank and in hand
13,108 
46,826 
Creditors: amounts falling due within one year
(15,881)
(3,885)
Net current (liabilities)/assets
(2,773)
42,941 
Total assets less current liabilities
1,382,761 
1,508,981 
Creditors: amounts falling due after more than one year
(1,357,519)
(1,405,385)
Net assets
25,242 
103,596 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
25,142 
103,496 
Shareholders' funds
25,242 
103,596 
For the year ending 28 August 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 18 October 2024 and were signed on its behalf by
Mr M Ramful Director Company Registration No. 7154125
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Kingswood UK Home Ltd Notes to the Accounts for the year ended 28 August 2024
1
Statutory information
Kingswood UK Home Ltd is a private company, limited by shares, registered in England and Wales, registration number 7154125. The registered office is 83 Winkworth Road, Banstead, Surrey, SM7 2JW, United Kingdom.
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:
Fixtures & fittings
15 % Reducing balance method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. It is amortised to profit and loss account over its estimated economic life of 20 years
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 29 August 2023
255,216 
At 28 August 2024
255,216 
Amortisation
At 29 August 2023
140,368 
Charge for the year
12,761 
At 28 August 2024
153,129 
Net book value
At 28 August 2024
102,087 
At 28 August 2023
114,848 
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Kingswood UK Home Ltd Notes to the Accounts for the year ended 28 August 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 29 August 2023
899,560 
750,732 
1,650,292 
At 28 August 2024
899,560 
750,732 
1,650,292 
Depreciation
At 29 August 2023
- 
299,100 
299,100 
Charge for the year
- 
67,745 
67,745 
At 28 August 2024
- 
366,845 
366,845 
Net book value
At 28 August 2024
899,560 
383,887 
1,283,447 
At 28 August 2023
899,560 
451,632 
1,351,192 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
1,385 
3,885 
Deferred income
14,496 
- 
15,881 
3,885 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
1,357,519 
1,405,385 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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