Company Registration No. 11725948 (England and Wales)
Kismet Digital Consulting Ltd
Unaudited accounts
for the year ended 30 June 2024
Kismet Digital Consulting Ltd
Unaudited accounts
Contents
Kismet Digital Consulting Ltd
Company Information
for the year ended 30 June 2024
Company Number
11725948 (England and Wales)
Registered Office
134 Athelstan Road
Hastings
East Sussex
TN35 5JE
England
Accountants
RDM Accountancy Services Ltd
69 Mount Pleasant Road
Hastings
East Sussex
TN34 3SJ
Kismet Digital Consulting Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
1,417
2,831
Cash at bank and in hand
45,727
82,827
Creditors: amounts falling due within one year
(16,893)
(22,308)
Net current assets
42,515
83,156
Called up share capital
1
1
Profit and loss account
43,931
85,986
Shareholders' funds
43,932
85,987
For the year ending 30 June 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 21 January 2025 and were signed on its behalf by
James Barnes
Director
Company Registration No. 11725948
Kismet Digital Consulting Ltd
Notes to the Accounts
for the year ended 30 June 2024
Kismet Digital Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 11725948. The registered office is 134 Athelstan Road, Hastings, East Sussex, TN35 5JE, 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 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:
Motor vehicles
Straight line over 5 years
Fixtures & fittings
Straight line over 3 years
Computer equipment
Straight line over 3 years
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account in the period to which they relate.
Kismet Digital Consulting Ltd
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
433
3,874
2,981
7,288
At 30 June 2024
433
3,874
2,981
7,288
At 1 July 2023
433
2,325
1,699
4,457
Charge for the year
-
774
640
1,414
At 30 June 2024
433
3,099
2,339
5,871
At 30 June 2024
-
775
642
1,417
At 30 June 2023
-
1,549
1,282
2,831
Amounts falling due within one year
Trade debtors
12,000
9,000
Other debtors
1,681
13,637
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,453
15,149
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
James Barnes
2,505
-
1,516
989
No interest will be paid on this amount.
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Average number of employees
During the year the average number of employees was 1 (2023: 1).