KINSWIN 168 LIMITED |
Notes to the Accounts |
for the year ended 30 June 2024 |
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|
1 |
Accounting policies |
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|
Basis of preparation |
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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 (as applied to small entities by section 1A of the standard). |
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|
Turnover |
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Turnover includes revenue earned from the sale of goods and from the rendering of services, net of discounts and value added taxes. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at the following rates: |
|
|
Freehold buildings |
over 50 years |
|
Equipment, fixtures and fittings |
over 5 years |
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Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
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|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
9 |
|
8 |
|
|
|
|
|
|
|
|
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3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Equipment, fixtures & fittings |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 July 2023 |
460,265 |
|
146,252 |
|
606,517 |
|
At 30 June 2024 |
460,265 |
|
146,252 |
|
606,517 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2023 |
55,142 |
|
141,238 |
|
196,380 |
|
Charge for the year |
6,925 |
|
2,508 |
|
9,433 |
|
At 30 June 2024 |
62,067 |
|
143,746 |
|
205,813 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2024 |
398,198 |
|
2,506 |
|
400,704 |
|
At 30 June 2023 |
405,123 |
|
5,014 |
|
410,137 |
|
|
4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Trade debtors |
- |
|
3,426 |
|
Other debtors |
584 |
|
26,876 |
|
|
|
|
|
|
584 |
|
30,302 |
|
|
|
|
|
|
|
|
|
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5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Trade creditors |
4,852 |
|
6,822 |
|
Taxation and social security costs |
32,653 |
|
38,404 |
|
Other creditors |
263,611 |
|
254,918 |
|
|
|
|
|
|
301,116 |
|
300,144 |
|
|
|
|
|
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6 |
Other information |
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KINSWIN 168 LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
454 Ewell Road |
|
Surbiton |
|
Surrey |
|
KT6 7EL |