KINGFISHER LABS LTD

Company Registration Number:
12853841 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

KINGFISHER LABS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

KINGFISHER LABS LTD

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 2,554 0
Total fixed assets: 2,554 0
Current assets
Debtors:   7,671 17,870
Cash at bank and in hand: 24,806 34,981
Total current assets: 32,477 52,851
Creditors: amounts falling due within one year:   (23,020) (16,583)
Net current assets (liabilities): 9,457 36,268
Total assets less current liabilities: 12,011 36,268
Total net assets (liabilities): 12,011 36,268
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 12,010 36,267
Shareholders funds: 12,011 36,268

The notes form part of these financial statements

KINGFISHER LABS LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2024
and signed on behalf of the board by:

Name: Dr C Breslin
Status: Director

The notes form part of these financial statements

KINGFISHER LABS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is derived from the principal activity of providing technology consultancy activities. Turnover represents net invoiced fees for services rendered. In line with Financial Reporting Standard 102 income has been recognised when the company obtains the right to consideration in exchange for its performance.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 33% on cost and 25% on reducing balance

Other accounting policies

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. Going concern The director has considered the financial position of the company and believes it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus continues to adopt the going concern basis of preparation in preparing the financial statements.

KINGFISHER LABS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

KINGFISHER LABS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 0
Additions 2,968
At 30 September 2024 2,968
Depreciation
At 01 October 2023 0
Charge for year 414
At 30 September 2024 414
Net book value
At 30 September 2024 2,554
At 30 September 2023 0

KINGFISHER LABS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Related party transactions

During the year the company was controlled by the director.