Company Registration No. 12464517 (England and Wales)
Kaybe Ltd
Unaudited accounts
for the year ended 29 February 2024
Kaybe Ltd
Unaudited accounts
Contents
Kaybe Ltd
Company Information
for the year ended 29 February 2024
Directors
Mr K Britton
Ms C Pidde
Company Number
12464517 (England and Wales)
Registered Office
86-90 Paul Street
London
EC2A 4NE
Accountants
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
Kaybe Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
27,270
18,970
Cash at bank and in hand
29,920
68,786
Creditors: amounts falling due within one year
(41,157)
(56,057)
Net current (liabilities)/assets
(3,761)
36,038
Total assets less current liabilities
23,509
55,008
Creditors: amounts falling due after more than one year
(21,805)
(25,504)
Profit and loss account
704
28,504
Shareholders' funds
1,704
29,504
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 6 October 2024 and were signed on its behalf by
Mr K Britton
Director
Company Registration No. 12464517
Kaybe Ltd
Notes to the Accounts
for the year ended 29 February 2024
Kaybe Ltd is a private company, limited by shares, registered in England and Wales, registration number 12464517. The registered office is 86-90 Paul Street, London, EC2A 4NE.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% Straight Line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Kaybe Ltd
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Computer equipment
At 29 February 2024
53,182
Charge for the year
11,137
At 29 February 2024
25,912
At 29 February 2024
27,270
At 28 February 2023
18,970
Amounts falling due within one year
Trade debtors
7,476
23,309
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,572
4,572
Trade creditors
4,012
6,669
Taxes and social security
6,056
5,162
Loans from directors
5,763
11,714
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).