Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 01339054 Mr Tirath Kenth Ms Wendy Robonson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01339054 2023-03-31 01339054 2024-03-31 01339054 2023-04-01 2024-03-31 01339054 frs-core:CurrentFinancialInstruments 2024-03-31 01339054 frs-core:FurnitureFittings 2024-03-31 01339054 frs-core:FurnitureFittings 2023-04-01 2024-03-31 01339054 frs-core:FurnitureFittings 2023-03-31 01339054 frs-core:CapitalRedemptionReserve 2024-03-31 01339054 frs-core:ShareCapital 2024-03-31 01339054 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 01339054 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01339054 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 01339054 frs-bus:SmallEntities 2023-04-01 2024-03-31 01339054 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01339054 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01339054 frs-core:CostValuation 2023-03-31 01339054 frs-core:CostValuation 2024-03-31 01339054 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 01339054 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 01339054 frs-bus:Director1 2023-04-01 2024-03-31 01339054 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 01339054 frs-countries:EnglandWales 2023-04-01 2024-03-31 01339054 2022-03-31 01339054 2023-03-31 01339054 2022-04-01 2023-03-31 01339054 frs-core:CurrentFinancialInstruments 2023-03-31 01339054 frs-core:CapitalRedemptionReserve 2023-03-31 01339054 frs-core:ShareCapital 2023-03-31 01339054 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 01339054
SLK-Kentex Fashions Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Engage Accountancy Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01339054
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1 302
Investments 5 100 100
101 402
CURRENT ASSETS
Stocks 6 91,000 85,000
Debtors 7 22,816 16,763
Cash at bank and in hand 9,644 23,757
123,460 125,520
Creditors: Amounts Falling Due Within One Year 8 (137,649 ) (118,179 )
NET CURRENT ASSETS (LIABILITIES) (14,189 ) 7,341
TOTAL ASSETS LESS CURRENT LIABILITIES (14,088 ) 7,743
NET (LIABILITIES)/ASSETS (14,088 ) 7,743
CAPITAL AND RESERVES
Called up share capital 9 3,750 3,750
Capital redemption reserve 9,750 9,750
Profit and Loss Account (27,588 ) (5,757 )
SHAREHOLDERS' FUNDS (14,088) 7,743
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Tirath Kenth
Director
26/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SLK-Kentex Fashions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01339054 . The registered office is 33 Hampton Street, Hockley, Birmingham, West Midlands, B19 3LS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% on cost
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2023 1,208
As at 31 March 2024 1,208
Depreciation
As at 1 April 2023 906
Provided during the period 301
As at 31 March 2024 1,207
Net Book Value
As at 31 March 2024 1
As at 1 April 2023 302
Page 3
Page 4
5. Investments
Subsidiaries
£
Cost
As at 1 April 2023 100
As at 31 March 2024 100
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 100
As at 1 April 2023 100
6. Stocks
2024 2023
£ £
Stock 91,000 85,000
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 21,919 15,793
Prepayments and accrued income 897 970
22,816 16,763
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 120,652 100,534
Other taxes and social security 243 -
VAT 14,341 15,232
Accruals and deferred income 2,413 2,413
137,649 118,179
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3,750 3,750
Page 4