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Company Registration No. 02129633 (England and Wales)
Kinoulton Wholesale Limited Unaudited accounts for the year ended 31 May 2024
Kinoulton Wholesale Limited Unaudited accounts Contents
Page
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Kinoulton Wholesale Limited Company Information for the year ended 31 May 2024
Directors
Victoria Cowper
Company Number
02129633 (England and Wales)
Registered Office
Parkdene Wilton Road Melton Mowbray LE13 0UJ
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Kinoulton Wholesale Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
565,246 
565,424 
Current assets
Debtors
1,232 
1,255 
Cash at bank and in hand
45,851 
55,840 
47,083 
57,095 
Creditors: amounts falling due within one year
(7,389)
(6,768)
Net current assets
39,694 
50,327 
Total assets less current liabilities
604,940 
615,751 
Provisions for liabilities
Deferred tax
(64,768)
(65,510)
Net assets
540,172 
550,241 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
339,640 
339,640 
Profit and loss account
200,432 
210,501 
Shareholders' funds
540,172 
550,241 
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 27 September 2024 and were signed on its behalf by
Victoria Cowper Director Company Registration No. 02129633
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Kinoulton Wholesale Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Kinoulton Wholesale Limited is a private company, limited by shares, registered in England and Wales, registration number 02129633. The registered office is Parkdene, Wilton Road, Melton Mowbray, LE13 0UJ.
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:
Fixtures & fittings
10% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
564,000 
10,311 
480 
574,791 
At 31 May 2024
564,000 
10,311 
480 
574,791 
Depreciation
At 1 June 2023
- 
9,127 
240 
9,367 
Charge for the year
- 
118 
60 
178 
At 31 May 2024
- 
9,245 
300 
9,545 
Net book value
At 31 May 2024
564,000 
1,066 
180 
565,246 
At 31 May 2023
564,000 
1,184 
240 
565,424 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,232 
1,255 
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Kinoulton Wholesale Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,265 
4,107 
Other creditors
800 
- 
Loans from directors
1,224 
911 
Accruals
2,100 
1,750 
7,389 
6,768 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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