Company Registration No. 06632644 (England and Wales)
Quality Kitchens and Bedrooms (Yorks) Ltd
Unaudited accounts
for the year ended 31 August 2024
Quality Kitchens and Bedrooms (Yorks) Ltd
Unaudited accounts
Contents
Quality Kitchens and Bedrooms (Yorks) Ltd
Company Information
for the year ended 31 August 2024
Company Number
06632644 (England and Wales)
Registered Office
9 Peak View
Dewsbury
West Yorkshire
WF13 4PY
England
Accountants
Small Business Accountancy
18 Stoney Hill
Rastrick
Brighouse
West Yorkshire
HD6 3BP
Quality Kitchens and Bedrooms (Yorks) Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
3,541
4,268
Cash at bank and in hand
207
2,028
Creditors: amounts falling due within one year
(9,281)
(5,515)
Net current (liabilities)/assets
(2,979)
198
Total assets less current liabilities
562
4,466
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
139
3,982
Shareholders' funds
239
4,082
For the year ending 31 August 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 6 January 2025 and were signed on its behalf by
M.Gildea
Director
Company Registration No. 06632644
Quality Kitchens and Bedrooms (Yorks) Ltd
Notes to the Accounts
for the year ended 31 August 2024
Quality Kitchens and Bedrooms (Yorks) Ltd is a private company, limited by shares, registered in England and Wales, registration number 06632644. The registered office is 9 Peak View, Dewsbury, West Yorkshire, WF13 4PY, England.
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 policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance basis
Motor vehicles
20% reducing balance basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Quality Kitchens and Bedrooms (Yorks) Ltd
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2023
3,499
14,295
17,794
At 31 August 2024
3,499
14,295
17,794
At 1 September 2023
2,229
11,297
13,526
Charge for the year
127
600
727
At 31 August 2024
2,356
11,897
14,253
At 31 August 2024
1,143
2,398
3,541
At 31 August 2023
1,270
2,998
4,268
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,200
2,407
Loans from directors
-
261
7
Deferred taxation
2024
2023
Accelerated capital allowances
323
384
Provision at start of year
384
459
Credited to the profit and loss account
(61)
(75)
Provision at end of year
323
384
Quality Kitchens and Bedrooms (Yorks) Ltd
Notes to the Accounts
for the year ended 31 August 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
During the year, total dividends of £8,700 (2023: £10,350) were paid to the director.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).