2024-01-19 2024-03-31 false Capium Accounts Production 1.1 15426431 bus:AbridgedAccounts 2024-01-19 2024-03-31 15426431 bus:FRS102 2024-01-19 2024-03-31 15426431 bus:AuditExemptWithAccountantsReport 2024-01-19 2024-03-31 15426431 bus:SmallCompaniesRegimeForAccounts 2024-01-19 2024-03-31 15426431 bus:PrivateLimitedCompanyLtd 2024-01-19 2024-03-31 15426431 2024-01-19 2024-03-31 15426431 2024-03-31 15426431 bus:RegisteredOffice 2024-01-19 2024-03-31 15426431 core:WithinOneYear 2024-03-31 15426431 core:AfterOneYear 2024-03-31 15426431 bus:Director1 2024-01-19 2024-03-31 15426431 bus:Director1 2024-03-31 15426431 bus:Director2 2024-01-19 2024-03-31 15426431 bus:Director2 2024-03-31 15426431 2023-01-19 15426431 bus:LeadAgentIfApplicable 2024-01-19 2024-03-31 15426431 2024-01-18 15426431 bus:OrdinaryShareClass1 2024-01-19 2024-03-31 15426431 bus:OrdinaryShareClass1 2024-03-31 15426431 core:FurnitureFittings 2024-01-19 2024-03-31 15426431 core:FurnitureFittings 2024-03-31 15426431 core:FurnitureFittings 2024-01-18 15426431 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 15426431 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-01-18 15426431 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 15426431 core:CostValuation core:Non-currentFinancialInstruments 2024-01-18 15426431 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 15426431 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 15426431 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 15426431 core:Non-currentFinancialInstruments 2024-03-31 15426431 core:Non-currentFinancialInstruments 2024-01-18 15426431 core:ShareCapital 2024-03-31 15426431 core:RetainedEarningsAccumulatedLosses 2024-03-31 15426431 dpl:Item1 2024-01-19 15426431 dpl:Item1 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 15426431
England and Wales

 

 

 

KONA (FALMOUTH) LTD


Abridged Accounts
 


Period of accounts

Start date: 19 January 2024

End date: 31 March 2024
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts Kona (Falmouth) Ltd for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Kona (Falmouth) Ltd for the year ended 31 March 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the Board of Directors of Kona (Falmouth) Ltd , as a body, in accordance with the terms of our engagement letter dated 24 September 2024. Our work has been undertaken solely to prepare for your approval the accounts of Kona (Falmouth) Ltd and state those matters that we have agreed to state to the Board of Directors of Kona (Falmouth) Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kona (Falmouth) Ltd and its Board of Directors as a body for our work or for this report
It is your duty to ensure that Kona (Falmouth) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit Kona (Falmouth) Ltd. You consider that Kona (Falmouth) Ltd is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of Kona (Falmouth) Ltd. 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 accounts.



....................................................
Rivington Accounts Ltd
Bank House
6-8 Church Street
Adlington
Lancashire
PR7 4EX
24 September 2024
1
 
 
Notes
 
2024
£
Fixed assets    
Tangible fixed assets 3 147,478 
147,478 
Current assets    
Stocks 14,467 
Debtors 3,368 
Cash at bank and in hand 54,675 
72,510 
Creditors: amount falling due within one year (217,536)
Net current assets (145,026)
 
Total assets less current liabilities 2,452 
Provisions for liabilities (471)
Net assets 1,981 
 

Capital and reserves
   
Called up share capital 4 12 
Profit and loss account 1,969 
Shareholders' funds 1,981 
 


For the period ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 24 September 2024 and were signed on its behalf by:


-------------------------------
Peter Timothy Fraser
Director
2
General Information
Kona (Falmouth) Ltd is a private company, limited by shares, registered in England and Wales, registration number 15426431, registration address 5 Henliston Drive, Helston, Cornwall, TR13 8BW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 15% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the period was 23.
3.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Total
  £   £
At 19 January 2024  
Additions 147,500    147,500 
Disposals  
At 31 March 2024 147,500    147,500 
Depreciation
At 19 January 2024  
Charge for period 22    22 
On disposals  
At 31 March 2024 22    22 
Net book values
Closing balance as at 31 March 2024 147,478    147,478 
Opening balance as at 19 January 2024  


4.

Share Capital

Allotted, called up and fully paid
2024
£
12 Class A shares of £1.00 each 12 
12 

3