Company Registration No. 11736065 (England and Wales)
Kingsbrook Accounting and Tax Services Limited
Unaudited accounts
for the year ended 31 December 2024
Kingsbrook Accounting and Tax Services Limited
Unaudited accounts
Contents
Kingsbrook Accounting and Tax Services Limited
Company Information
for the year ended 31 December 2024
Director
Ewan Joseph Tracey
Company Number
11736065 (England and Wales)
Registered Office
2 KINGSBROOK
CORBY
Northants
NN18 9HY
UNITED KINGDOM
Kingsbrook Accounting and Tax Services Limited
Statement of financial position
as at 31 December 2024
Intangible assets
41,995
33,448
Tangible assets
15,253
14,524
Cash at bank and in hand
23,957
3,337
Creditors: amounts falling due within one year
(23,435)
(7,839)
Net current assets
47,857
17,144
Total assets less current liabilities
117,918
74,577
Creditors: amounts falling due after more than one year
-
(2,260)
Called up share capital
100
100
Profit and loss account
117,818
72,217
Shareholders' funds
117,918
72,317
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 January 2024 and were signed on its behalf by
Ewan Joseph Tracey
Director
Company Registration No. 11736065
Kingsbrook Accounting and Tax Services Limited
Notes to the Accounts
for the year ended 31 December 2024
Kingsbrook Accounting and Tax Services Limited is a private company, limited by shares, registered in England and Wales, registration number 11736065. The registered office is 2 KINGSBROOK, CORBY, Northants, NN18 9HY, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
These assets are art and collectibles which have been deemed not to amortise
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Intangible fixed assets
Other
At 31 December 2024
41,995
At 31 December 2024
41,995
At 31 December 2023
33,448
Kingsbrook Accounting and Tax Services Limited
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
8,058
2,999
11,709
22,766
Additions
-
1,442
1,686
3,128
At 31 December 2024
8,058
4,441
13,395
25,894
At 1 January 2024
-
1,801
6,441
8,242
Charge for the year
-
660
1,739
2,399
At 31 December 2024
-
2,461
8,180
10,641
At 31 December 2024
8,058
1,980
5,215
15,253
At 31 December 2023
8,058
1,198
5,268
14,524
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Investments
Other investments
Valuation at 1 January 2024
9,461
Valuation at 31 December 2024
12,813
Amounts falling due within one year
Trade debtors
20,178
12,428
Other debtors
27,157
9,218
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,327
1,600
Taxes and social security
12,878
5,330
Loans from directors
986
799
9
Creditors: amounts falling due after more than one year
2024
2023
Kingsbrook Accounting and Tax Services Limited
Notes to the Accounts
for the year ended 31 December 2024
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).