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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
Page
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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
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Kingsbrook Accounting and Tax Services Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
41,995 
33,448 
Tangible assets
15,253 
14,524 
Investments
12,813 
9,461 
70,061 
57,433 
Current assets
Debtors
47,335 
21,646 
Cash at bank and in hand
23,957 
3,337 
71,292 
24,983 
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)
Net assets
117,918 
72,317 
Capital and reserves
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
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Kingsbrook Accounting and Tax Services Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
33,448 
Additions
8,547 
At 31 December 2024
41,995 
Amortisation
At 1 January 2024
- 
At 31 December 2024
- 
Net book value
At 31 December 2024
41,995 
At 31 December 2023
33,448 
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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 
Depreciation
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 
Net book value
At 31 December 2024
8,058 
1,980 
5,215 
15,253 
At 31 December 2023
8,058 
1,198 
5,268 
14,524 
6
Investments
Other investments 
£ 
Valuation at 1 January 2024
9,461 
Additions
3,352 
Valuation at 31 December 2024
12,813 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,178 
12,428 
Other debtors
27,157 
9,218 
47,335 
21,646 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,327 
1,600 
VAT
7,167 
- 
Taxes and social security
12,878 
5,330 
Loans from directors
986 
799 
Accruals
77 
110 
23,435 
7,839 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
2,260 
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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).
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