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Registrar

Registration number: 09463539

Team Kinetix Limited

Unaudited Filleted Financial Statements

for the Year Ended 29 February 2024

 

Team Kinetix Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3

 

Team Kinetix Limited

Company Information

Directors

B D Wendes

N E Palmer

Registered office

Unit 3E Moss Road
Witham
Essex
CM8 3UW

Solicitors

Tees Law
Titan House
Castle Park
Castle Street
Cambridge
Cambridgeshire
CB3 0AY

Accountants

Lambert Chapman LLP
Chartered accountants
3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

 

Team Kinetix Limited

(Registration number: 09463539)
Balance Sheet as at 29 February 2024

2024
£

2023
£

Fixed assets

14,926

15,824

Current assets

23,567

31,412

Prepayments and accrued income

562

4,077

Creditors: Amounts falling due within one year

(67,183)

(50,813)

Net current liabilities

(43,054)

(15,324)

Total assets less current liabilities

(28,128)

500

Creditors: Amounts falling due after more than one year

(6,000)

(10,000)

Accruals and deferred income

(21,515)

(1,740)

 

(55,643)

(11,240)

Capital and reserves

(55,643)

(11,240)

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 November 2024 and signed on its behalf by:
 

B D Wendes
Director

 

Team Kinetix Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Unit 3E Moss Road, Witham, Essex, CM8 3UW.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

These financial statements are presented in Sterling (£), which is the company's functional currency.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 13 (2023 - 10).

3

Related party transactions

2024

At 1 March 2023
£

Advances to director
£

Repayments by director
£

At 29 February 2024
£

Directors loan account

2,899

29,706

(24,197)

8,408

 

2023

At 1 March 2022
£

Advances to director
£

Repayments by director
£

At 28 February 2023
£

Directors loan account

(7,764)

21,861

(11,198)

2,899