Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-292023-03-01falseNo description of principal activity12truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07345008 2023-03-01 2024-02-29 07345008 2022-03-01 2023-02-28 07345008 2024-02-29 07345008 2023-02-28 07345008 c:Director1 2023-03-01 2024-02-29 07345008 c:RegisteredOffice 2023-03-01 2024-02-29 07345008 d:OfficeEquipment 2023-03-01 2024-02-29 07345008 d:OfficeEquipment 2024-02-29 07345008 d:OfficeEquipment 2023-02-28 07345008 d:CurrentFinancialInstruments 2024-02-29 07345008 d:CurrentFinancialInstruments 2023-02-28 07345008 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 07345008 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 07345008 d:ShareCapital 2024-02-29 07345008 d:ShareCapital 2023-02-28 07345008 d:RetainedEarningsAccumulatedLosses 2024-02-29 07345008 d:RetainedEarningsAccumulatedLosses 2023-02-28 07345008 c:FRS102 2023-03-01 2024-02-29 07345008 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 07345008 c:FullAccounts 2023-03-01 2024-02-29 07345008 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07345008 6 2023-03-01 2024-02-29 07345008 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Company registration number: 07345008







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
29 FEBRUARY 2024


KRISTALLKLAR COMMUNICATIONS LIMITED






































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KRISTALLKLAR COMMUNICATIONS LIMITED
 


 
COMPANY INFORMATION


Director
Mr D Morrison 




Registered number
07345008



Registered office
34 Bridges Avenue
Paulsgrove

Portsmouth

Hampshire

PO6 4PA




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


KRISTALLKLAR COMMUNICATIONS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 7


 


KRISTALLKLAR COMMUNICATIONS LIMITED
REGISTERED NUMBER:07345008



STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
481
216

  
481
216

Current assets
  

Stocks
  
48,238
38,077

Debtors: amounts falling due within one year
 6 
1,404
3,217

Cash at bank and in hand
  
25,056
18,248

  
74,698
59,542

Creditors: amounts falling due within one year
 7 
(5,527)
(4,749)

Net current assets
  
 
 
69,171
 
 
54,793

Total assets less current liabilities
  
69,652
55,009

  

Net assets
  
69,652
55,009

Page 1

 


KRISTALLKLAR COMMUNICATIONS LIMITED
REGISTERED NUMBER:07345008


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
£
£

Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
69,552
54,909

  
69,652
55,009


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



Mr D Morrison
Director

Date: 29 November 2024


The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


KRISTALLKLAR COMMUNICATIONS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Kristallklar Communications Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
The Company's presentational currency is GBP and is rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 


KRISTALLKLAR COMMUNICATIONS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 


KRISTALLKLAR COMMUNICATIONS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Equipment
-
25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

  
2.6

Stocks

The company actively trades currency. At the period end, stocks of currency are reported at their cost price
within stock. Future trading gains and losses will be reported in the period of disposal.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 2).

Page 5

 


KRISTALLKLAR COMMUNICATIONS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Tangible fixed assets







Office equipment

£



Cost or valuation


At 1 March 2023
9,951



At 29 February 2024

9,951



Depreciation


At 1 March 2023
9,951



At 29 February 2024

9,951



Net book value



At 29 February 2024
-



At 28 February 2023
-


5.


Fixed asset investments








Listed investments

£



Cost or valuation


At 1 March 2023
216


Additions
467


Disposals
(202)



At 29 February 2024
481




Page 6

 


KRISTALLKLAR COMMUNICATIONS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

6.


Debtors

29 February
28 February
2024
2023
£
£


Other debtors
-
1,813

Tax recoverable
1,404
1,404

1,404
3,217



7.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Corporation tax
1,652
-

Other creditors
624
312

Accruals and deferred income
3,251
4,437

5,527
4,749



8.


Transactions with directors

At the balance sheet date the director was owed £624 (2023 - £312). The loan is undated and interest free.

Page 7