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REGISTERED NUMBER: 09977151 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Kimberly International Trading Company
Limited

Kimberly International Trading Company
Limited (Registered number: 09977151)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kimberly International Trading Company
Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Ms X L Chen





REGISTERED OFFICE: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





REGISTERED NUMBER: 09977151 (England and Wales)






Kimberly International Trading Company
Limited (Registered number: 09977151)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,303 4,281
Tangible assets 5 5,722 5,986
9,025 10,267

CURRENT ASSETS
Stocks 60,020 -
Debtors 6 928,117 1,979
Cash at bank 2,697,224 2,915,339
3,685,361 2,917,318
CREDITORS
Amounts falling due within one year 7 1,070,351 320,958
NET CURRENT ASSETS 2,615,010 2,596,360
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,624,035

2,606,627

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,624,034 2,606,626
SHAREHOLDERS' FUNDS 2,624,035 2,606,627

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 her 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.

Kimberly International Trading Company
Limited (Registered number: 09977151)

Balance Sheet - 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 25 October 2024 and were signed by:





Ms X L Chen - Director


Kimberly International Trading Company
Limited (Registered number: 09977151)

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

1. STATUTORY INFORMATION

Kimberly International Trading Company Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Kimberly International Trading Company
Limited (Registered number: 09977151)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2023
and 31 January 2024 9,778
AMORTISATION
At 1 February 2023 5,497
Charge for year 978
At 31 January 2024 6,475
NET BOOK VALUE
At 31 January 2024 3,303
At 31 January 2023 4,281

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 18,844
Additions 2,730
At 31 January 2024 21,574
DEPRECIATION
At 1 February 2023 12,858
Charge for year 2,994
At 31 January 2024 15,852
NET BOOK VALUE
At 31 January 2024 5,722
At 31 January 2023 5,986

Kimberly International Trading Company
Limited (Registered number: 09977151)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 927,636 -
Other debtors 481 1,979
928,117 1,979

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 857,075 -
Taxation and social security 34,719 107,230
Other creditors 178,557 213,728
1,070,351 320,958

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
Ms X L Chen
Balance outstanding at start of year (91,894 ) (77,128 )
Amounts advanced (37,958 ) (91,894 )
Amounts repaid - 77,128
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (129,852 ) (91,894 )