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REGISTERED NUMBER: 14921115 (England and Wales)
























K SALISBURY COMPLIANCE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 7 JUNE 2023 TO 30 JUNE 2024






K SALISBURY COMPLIANCE LTD (REGISTERED NUMBER: 14921115)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 JUNE 2023 TO 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


K SALISBURY COMPLIANCE LTD

COMPANY INFORMATION
FOR THE PERIOD 7 JUNE 2023 TO 30 JUNE 2024







DIRECTOR: K Salisbury





REGISTERED OFFICE: 15 Westlea Road
Broxbourne
Hertfordshire
EN10 6JH





REGISTERED NUMBER: 14921115 (England and Wales)





ACCOUNTANTS: TC Group
6-7 Castle Gate
Castle Street
Hertford
Hertfordshire
SG14 1HD

K SALISBURY COMPLIANCE LTD (REGISTERED NUMBER: 14921115)

BALANCE SHEET
30 JUNE 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 297

CURRENT ASSETS
Debtors 5 13,492
Cash at bank 19,661
33,153
CREDITORS
Amounts falling due within one year 6 14,466
NET CURRENT ASSETS 18,687
TOTAL ASSETS LESS CURRENT LIABILITIES 18,984

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 18,983
18,984

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 13 January 2025 and were signed by:





K Salisbury - Director


K SALISBURY COMPLIANCE LTD (REGISTERED NUMBER: 14921115)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 JUNE 2023 TO 30 JUNE 2024


1. STATUTORY INFORMATION

K Salisbury Compliance Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Taxation
Taxation for the period 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 period 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.

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any
impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised
at transaction price including any transaction costs and subsequently measured at amortised cost
determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and
other financial liabilities are initially recognised at transaction price net of any transaction costs and
subsequently measured at amortised cost determined using the effective interest method.

K SALISBURY COMPLIANCE LTD (REGISTERED NUMBER: 14921115)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 7 JUNE 2023 TO 30 JUNE 2024


2. ACCOUNTING POLICIES - continued

Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the
reporting date as a result of a past event, it is probable that economic benefit will be transferred to
settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 356
At 30 June 2024 356
DEPRECIATION
Charge for period 59
At 30 June 2024 59
NET BOOK VALUE
At 30 June 2024 297

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 13,140
Other debtors 352
13,492

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 13,080
Other creditors 1,386
14,466

7. RELATED PARTY DISCLOSURES

During the period, total dividends of £22,000 were paid to the director .

During the year the director, K Salisbury loaned the company money with no set repayment date and
no interest payable. At the year end, the amount due to the director was £586.

8. ULTIMATE CONTROLLING PARTY

The controlling party is K Salisbury.