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REGISTERED NUMBER: 08523133 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Kiestones Consultancy Ltd

Kiestones Consultancy Ltd (Registered number: 08523133)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Kiestones Consultancy Ltd (Registered number: 08523133)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,810 17,310

CURRENT ASSETS
Debtors 5 17,590 61,030
Cash at bank 37,588 3,689
55,178 64,719
CREDITORS
Amounts falling due within one year 6 47,017 34,910
NET CURRENT ASSETS 8,161 29,809
TOTAL ASSETS LESS CURRENT LIABILITIES 24,971 47,119

CREDITORS
Amounts falling due after more than one year 7 (7,644 ) (12,539 )

PROVISIONS FOR LIABILITIES (3,628 ) (3,288 )
NET ASSETS 13,699 31,292

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 13,696 31,289
SHAREHOLDERS' FUNDS 13,699 31,292

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:





Mrs N M Stones - Director


Kiestones Consultancy Ltd (Registered number: 08523133)

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

1. STATUTORY INFORMATION

Kiestones Consultancy Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08523133

Registered office: The Little Barn
Keepers Lane
Barnacre
Preston
PR3 1QN

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

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 - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

Kiestones Consultancy Ltd (Registered number: 08523133)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 506 13,370 11,929 4,784 30,589
Additions - 2,296 - 486 2,782
At 31 March 2024 506 15,666 11,929 5,270 33,371
DEPRECIATION
At 1 April 2023 373 8,456 1,789 2,661 13,279
Charge for year 27 1,082 1,521 652 3,282
At 31 March 2024 400 9,538 3,310 3,313 16,561
NET BOOK VALUE
At 31 March 2024 106 6,128 8,619 1,957 16,810
At 31 March 2023 133 4,914 10,140 2,123 17,310

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 17,590 61,013
Other debtors - 17
17,590 61,030

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,569 5,573
Trade creditors 1,398 -
Taxation and social security 25,806 14,747
Other creditors 14,244 14,590
47,017 34,910

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 7,644 12,539