IRIS Accounts Production v24.1.0.578 14695788 Board of Directors Board of Directors 28.2.23 31.7.24 31.7.24 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh146957882023-02-27146957882024-07-31146957882023-02-282024-07-31146957882023-02-2714695788ns15:EnglandWales2023-02-282024-07-3114695788ns14:PoundSterling2023-02-282024-07-3114695788ns10:Director12023-02-282024-07-3114695788ns10:Director22023-02-282024-07-3114695788ns10:PrivateLimitedCompanyLtd2023-02-282024-07-3114695788ns10:SmallEntities2023-02-282024-07-3114695788ns10:AuditExempt-NoAccountantsReport2023-02-282024-07-3114695788ns10:SmallCompaniesRegimeForDirectorsReport2023-02-282024-07-3114695788ns10:SmallCompaniesRegimeForAccounts2023-02-282024-07-3114695788ns10:FullAccounts2023-02-282024-07-3114695788ns10:Director32023-02-282024-07-3114695788ns10:RegisteredOffice2023-02-282024-07-3114695788ns5:CurrentFinancialInstruments2024-07-3114695788ns5:Non-currentFinancialInstruments2024-07-3114695788ns5:ShareCapital2024-07-3114695788ns5:RetainedEarningsAccumulatedLosses2024-07-3114695788ns5:PlantMachinery2023-02-282024-07-3114695788ns5:PlantMachinery2024-07-3114695788ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-07-31
REGISTERED NUMBER: 14695788 (England and Wales)















Unaudited Financial Statements

for the Period 28 February 2023 to 31 July 2024

for

Kalm Space Ltd

Kalm Space Ltd (Registered number: 14695788)






Contents of the Financial Statements
for the Period 28 February 2023 to 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kalm Space Ltd

Company Information
for the Period 28 February 2023 to 31 July 2024







DIRECTORS: D Acres
C Leonard
Mrs A Leonard





REGISTERED OFFICE: 4 Corfe View Road
Poole
Dorset
BH14 8SX





REGISTERED NUMBER: 14695788 (England and Wales)





ACCOUNTANTS: Prosper Accountancy & Tax
204 Bourne House
23 Hinton Road
Bournemouth
Dorset
BH1 2EF

Kalm Space Ltd (Registered number: 14695788)

Balance Sheet
31 July 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 70,340
Investment property 5 257,250
327,590

CURRENT ASSETS
Debtors 6 12,870
Cash at bank 19,488
32,358
CREDITORS
Amounts falling due within one year 7 146,485
NET CURRENT LIABILITIES (114,127 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

213,463

CREDITORS
Amounts falling due after more than one year 8 125,750
NET ASSETS 87,713

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 87,613
87,713

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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.

Kalm Space Ltd (Registered number: 14695788)

Balance Sheet - continued
31 July 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 Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:




D Acres - Director



C Leonard - Director


Kalm Space Ltd (Registered number: 14695788)

Notes to the Financial Statements
for the Period 28 February 2023 to 31 July 2024

1. STATUTORY INFORMATION

Kalm Space Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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 period 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 period was NIL.

Kalm Space Ltd (Registered number: 14695788)

Notes to the Financial Statements - continued
for the Period 28 February 2023 to 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 70,340
At 31 July 2024 70,340
NET BOOK VALUE
At 31 July 2024 70,340

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 257,250
At 31 July 2024 257,250
NET BOOK VALUE
At 31 July 2024 257,250

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 11,400
Other debtors 1,470
12,870

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 4,061
Other creditors 142,424
146,485

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 125,750