IRIS Accounts Production v24.3.2.46 05961603 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh059616032023-07-31059616032024-07-31059616032023-08-012024-07-31059616032022-07-31059616032022-08-012023-07-31059616032023-07-3105961603ns15:EnglandWales2023-08-012024-07-3105961603ns14:PoundSterling2023-08-012024-07-3105961603ns10:Director12023-08-012024-07-3105961603ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3105961603ns10:SmallEntities2023-08-012024-07-3105961603ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3105961603ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3105961603ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3105961603ns10:FullAccounts2023-08-012024-07-3105961603ns10:Director22023-08-012024-07-3105961603ns10:RegisteredOffice2023-08-012024-07-3105961603ns5:CurrentFinancialInstruments2024-07-3105961603ns5:CurrentFinancialInstruments2023-07-3105961603ns5:ShareCapital2024-07-3105961603ns5:ShareCapital2023-07-3105961603ns5:RetainedEarningsAccumulatedLosses2024-07-3105961603ns5:RetainedEarningsAccumulatedLosses2023-07-3105961603ns5:ComputerEquipment2023-08-012024-07-3105961603ns5:ComputerEquipment2023-07-3105961603ns5:ComputerEquipment2024-07-3105961603ns5:ComputerEquipment2023-07-3105961603ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3105961603ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31059616031ns10:Director12023-07-31059616031ns10:Director12022-07-31059616031ns10:Director12023-08-012024-07-31059616031ns10:Director12022-08-012023-07-31059616031ns10:Director12024-07-31059616031ns10:Director12023-07-3105961603ns10:Director222023-07-3105961603ns10:Director222022-07-3105961603ns10:Director222023-08-012024-07-3105961603ns10:Director222022-08-012023-07-3105961603ns10:Director222024-07-3105961603ns10:Director222023-07-31
REGISTERED NUMBER: 05961603 (England and Wales)















Kalua Medical Equipment Limited

Unaudited Financial Statements for the Year Ended 31 July 2024






Kalua Medical Equipment Limited (Registered number: 05961603)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kalua Medical Equipment Limited

Company Information
for the Year Ended 31 July 2024







Directors: Mr N R Carter
Mrs A E Carter





Registered office: 1 Hallsfield
Cricklade
SWINDON
Wiltshire
SN6 6LR





Registered number: 05961603 (England and Wales)





Accountants: Haines Watts Wales LLP
7 Neptune Court
Vanguard Way
Cardiff
CF24 5PJ

Kalua Medical Equipment Limited (Registered number: 05961603)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
Fixed assets
Tangible assets 4 606 1,253

Current assets
Debtors 5 4,781 6,473
Cash at bank 34,740 33,212
39,521 39,685
Creditors
Amounts falling due within one year 6 (39,618 ) (24,003 )
Net current (liabilities)/assets (97 ) 15,682
Total assets less current liabilities 509 16,935

Provisions for liabilities (152 ) (313 )
Net assets 357 16,622

Capital and reserves
Called up share capital 100 100
Retained earnings 257 16,522
Shareholders' funds 357 16,622

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 January 2025 and were signed on its behalf by:





Mr N R Carter - Director


Kalua Medical Equipment Limited (Registered number: 05961603)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. Statutory information

Kalua Medical Equipment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts chargeable, net of value added tax, in respect of consultancy services in relation to the procurement and supply of medical equipment provided to customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

Kalua Medical Equipment Limited (Registered number: 05961603)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. Tangible fixed assets
Computer
equipment
£   
Cost
At 1 August 2023
and 31 July 2024 6,443
Depreciation
At 1 August 2023 5,190
Charge for year 647
At 31 July 2024 5,837
Net book value
At 31 July 2024 606
At 31 July 2023 1,253

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 4,650 6,473
VAT 131 -
4,781 6,473

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Tax 13,725 17,793
VAT - 4,880
Directors' current accounts 4,523 -
Accrued expenses 21,370 1,330
39,618 24,003

7. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Mr N R Carter
Balance outstanding at start of year - -
Amounts advanced 49,003 37,442
Amounts repaid (44,480 ) (37,442 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,523 -

Kalua Medical Equipment Limited (Registered number: 05961603)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. Directors' advances, credits and guarantees - continued

Mrs A E Carter
Balance outstanding at start of year - -
Amounts advanced 23,520 35,973
Amounts repaid (23,520 ) (35,973 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

8. Ultimate controlling party

The company is controlled by Mr N R Carter who owns 51% of the issued share capital.