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REGISTERED NUMBER: 06020307 (England and Wales)










Kilbeyco Limited

Unaudited Financial Statements

for the period

1 April 2023 to 30 April 2024






Kilbeyco Limited (Registered number: 06020307)






Contents of the Financial Statements
for the period 1 April 2023 to 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kilbeyco Limited

Company Information
for the period 1 April 2023 to 30 April 2024







DIRECTORS: J Kilbey
J McClelland





REGISTERED OFFICE: 18 Vyvyan Terrace
Bristol
Gloucestershire
BS8 3DG





REGISTERED NUMBER: 06020307 (England and Wales)





ACCOUNTANTS: Walkers Accountants Limited
Aireside House
Aireside Business Centre
Royd Ings Avenue
Keighley
West Yorkshire
BD21 4BZ

Kilbeyco Limited (Registered number: 06020307)

Balance Sheet
30 April 2024

30.4.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 799 1,095

CURRENT ASSETS
Debtors 5 21,350 114,114
Cash at bank 3 3
21,353 114,117
CREDITORS
Amounts falling due within one year 6 (3,650 ) (3,300 )
NET CURRENT ASSETS 17,703 110,817
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,502

111,912

PROVISIONS FOR LIABILITIES (152 ) (208 )
NET ASSETS 18,350 111,704

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 18,250 111,604
18,350 111,704

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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.

Kilbeyco Limited (Registered number: 06020307)

Balance Sheet - continued
30 April 2024


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 30 January 2025 and were signed on its behalf by:




J Kilbey - Director



J McClelland - Director


Kilbeyco Limited (Registered number: 06020307)

Notes to the Financial Statements
for the period 1 April 2023 to 30 April 2024

1. STATUTORY INFORMATION

Kilbeyco 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
All tangible fixed assets are at cost less accumulated depreciation. Cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Assets held under finance lease are depreciated in the same manner as owned assets.

Renewals, repairs and maintenance are charged to profit and loss during the period in which they are incurred.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using a mixture of methods. The depreciation bases are as follows:-

- Plant & machinery etc: 25% on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are credited or charged to the income statement.

Impairment of fixed assets
At each balance sheet date, the Company reviews the carrying amounts of its plant and equipment to determine whether there is any indication that any items of plant and equipment have suffered an impairment loss. If any such indications exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less that its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in the prior years. A reversal of an impairment loss is recognised as income immediately.

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.

Kilbeyco Limited (Registered number: 06020307)

Notes to the Financial Statements - continued
for the period 1 April 2023 to 30 April 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 30 April 2024 7,193
DEPRECIATION
At 1 April 2023 6,098
Charge for period 296
At 30 April 2024 6,394
NET BOOK VALUE
At 30 April 2024 799
At 31 March 2023 1,095

5. DEBTORS
30.4.24 31.3.23
£    £   
Amounts falling due within one year:
Other debtors 3,020 95,784

Amounts falling due after more than one year:
Other debtors 18,330 18,330

Aggregate amounts 21,350 114,114

Kilbeyco Limited (Registered number: 06020307)

Notes to the Financial Statements - continued
for the period 1 April 2023 to 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 31.3.23
£    £   
Trade creditors - 2,040
Other creditors 3,650 1,260
3,650 3,300

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 April 2024 and the year ended 31 March 2023:

30.4.24 31.3.23
£    £   
J Kilbey
Balance outstanding at start of period 62,203 108,151
Amounts advanced 366 1,222
Amounts repaid (63,790 ) (47,170 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (1,221 ) 62,203

J McClelland
Balance outstanding at start of period 30,560 77,131
Amounts advanced - 599
Amounts repaid (31,790 ) (47,170 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (1,230 ) 30,560