Kaye BJ Management Ltd |
Registered number: 03945837 |
Balance Sheet |
as at 30 September 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
30,146 |
|
|
27,424 |
|
Current assets |
Debtors |
4 |
|
2,728 |
|
|
12,733 |
Cash at bank and in hand |
|
|
473,761 |
|
|
445,586 |
|
|
|
476,489 |
|
|
458,319 |
|
Creditors: amounts falling due within one year |
5 |
|
(217,217) |
|
|
(190,713) |
|
Net current assets |
|
|
|
259,272 |
|
|
267,606 |
|
Total assets less current liabilities |
|
|
|
289,418 |
|
|
295,030 |
|
|
Provisions for liabilities |
|
|
|
(7,537) |
|
|
(5,211) |
|
|
Net assets |
|
|
|
281,881 |
|
|
289,819 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
281,781 |
|
|
289,719 |
|
Shareholders' funds |
|
|
|
281,881 |
|
|
289,819 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
T A MacLeod |
Director |
Approved by the board on 26 November 2024 |
|
Kaye BJ Management Ltd |
Notes to the Accounts |
for the year ended 30 September 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes fees for the provision of services to clients and is recognised only when the underlying revenue has been received on behalf of the client. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
20% - 25% straight line |
|
Fixtures and fittings |
|
|
20% - 25% straight line |
|
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
9 |
|
10 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
Fixtures and fittings |
|
Plant and machinery etc |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 October 2023 |
22,874 |
|
22,263 |
|
45,137 |
|
Additions |
- |
|
16,229 |
|
16,229 |
|
Disposals |
- |
|
(10,257) |
|
(10,257) |
|
At 30 September 2024 |
22,874 |
|
28,235 |
|
51,109 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2023 |
5,719 |
|
11,994 |
|
17,713 |
|
Charge for the year |
5,719 |
|
7,788 |
|
13,507 |
|
On disposals |
- |
|
(10,257) |
|
(10,257) |
|
At 30 September 2024 |
11,438 |
|
9,525 |
|
20,963 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2024 |
11,436 |
|
18,710 |
|
30,146 |
|
At 30 September 2023 |
17,155 |
|
10,269 |
|
27,424 |
|
|
|
|
|
|
|
|
|
|
4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Trade debtors |
400 |
|
2,732 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
(381) |
|
7,272 |
|
Other debtors |
2,709 |
|
2,729 |
|
|
|
|
|
|
2,728 |
|
12,733 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Trade creditors |
4,796 |
|
8,837 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
32,945 |
|
36,694 |
|
Corporation tax |
55,051 |
|
29,186 |
|
Other taxes and social security costs |
42,098 |
|
44,293 |
|
Other creditors |
82,327 |
|
71,703 |
|
|
|
|
|
|
217,217 |
|
190,713 |
|
|
|
|
|
|
|
|
|
|
6 |
Related party transactions |
|
|
During the year, the company charged PBJ Management Ltd, a company that has a participating interest in the company, £15,384 (2023:£32,427) for the services of its staff and overheads. PBJ Management Ltd charged the company £173,314 (2023:£137,174) for the premises and other services. All transactions were concluded under normal market conditions. During the year the directors received dividends from the company of £152,000 (2023:£150,000) |
|
|
7 |
Other information |
|
|
Kaye BJ Management Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
22 Rathbone Street |
|
London |
|
W1T 1LG |