Company Registration No. 5731830 (England and Wales)
Klimstar Ltd
Unaudited accounts
for the year ended 30 April 2024
Klimstar Ltd
Unaudited accounts
Contents
Klimstar Ltd
Company Information
for the year ended 30 April 2024
Company Number
5731830 (England and Wales)
Registered Office
Unit 26 Wadsworth Business Centre
21 Wadsworth Road
Greenford
UB6 7LQ
United Kingdom
Accountants
AM Accountax Ltd
174 Castle Road
Northolt
London
UB5 4SG
Klimstar Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
465,448
479,258
Cash at bank and in hand
529,853
311,138
Creditors: amounts falling due within one year
(325,829)
(199,082)
Net current assets
276,311
183,743
Total assets less current liabilities
741,759
663,001
Creditors: amounts falling due after more than one year
(384,116)
(376,460)
Net assets
357,643
286,541
Called up share capital
100
100
Profit and loss account
357,543
286,441
Shareholders' funds
357,643
286,541
For the year ending 30 April 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 22 January 2024 and were signed on its behalf by
Damian Klimek
Director
Company Registration No. 5731830
Klimstar Ltd
Notes to the Accounts
for the year ended 30 April 2024
Klimstar Ltd is a private company, limited by shares, registered in England and Wales, registration number 5731830. The registered office is Unit 26 Wadsworth Business Centre, 21 Wadsworth Road, Greenford, UB6 7LQ, United Kingdom.
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.
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.
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:
Klimstar Ltd
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Total
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).