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REGISTERED NUMBER: 04451469 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

WAYSIDE KINETICS LIMITED

WAYSIDE KINETICS LIMITED (REGISTERED NUMBER: 04451469)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WAYSIDE KINETICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: ATA Saltmarsh





REGISTERED OFFICE: 115c Milton Road
Cambridge
Cambridgeshire
CB4 1XE





REGISTERED NUMBER: 04451469 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

WAYSIDE KINETICS LIMITED (REGISTERED NUMBER: 04451469)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 415

CURRENT ASSETS
Stocks 300 300
Debtors 5 1,789 1,789
Cash at bank 142 22
2,231 2,111
CREDITORS
Amounts falling due within one year 6 21,476 20,844
NET CURRENT LIABILITIES (19,245 ) (18,733 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,245

)

(18,318

)

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings (19,250 ) (18,323 )
SHAREHOLDERS' FUNDS (19,245 ) (18,318 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 November 2024 and were signed by:





ATA Saltmarsh - Director


WAYSIDE KINETICS LIMITED (REGISTERED NUMBER: 04451469)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Wayside Kinetics Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on a going concern basis. This may not be appropriate because at 31 March 2024 the company's current liabilities exceeded its current assets by £19,245 and total liabilities of the company were £21,476. The company is reliant upon the continued support of its director, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided, as necessary, to enable the company to continue as a going concern.

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.
Fixtures and fittings - 25% on cost
Equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 year was NIL (2023 - NIL).

WAYSIDE KINETICS LIMITED (REGISTERED NUMBER: 04451469)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings Equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 6,345 8,989 15,334
DEPRECIATION
At 1 April 2023 6,345 8,574 14,919
Charge for year - 415 415
At 31 March 2024 6,345 8,989 15,334
NET BOOK VALUE
At 31 March 2024 - - -
At 31 March 2023 - 415 415

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 1,789 1,789

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors - 366
Director's current account 20,751 19,753
Accruals and deferred income 725 725
21,476 20,844

7. ULTIMATE CONTROLLING PARTY

The controlling party is ATA Saltmarsh by virtue of their 100% ownership of the issued ordinary share capital of the company.