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Company Registration No. 15299730 (England and Wales)
Kim & Terry Limited Unaudited accounts for the period from 21 November 2023 to 30 November 2024
Kim & Terry Limited Unaudited accounts Contents
Page
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Kim & Terry Limited Company Information for the period from 21 November 2023 to 30 November 2024
Directors
Kim Morrell Terry Morrell
Company Number
15299730 (England and Wales)
Registered Office
18 Nant Y Wedal Roath Park Cardiff CF14 3QU Wales
Accountants
Nathan Evans Limited 16 Cambrian Way Marshfield Cardiff CF3 2WB
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Kim & Terry Limited for the period from 21 November 2023 to 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Kim & Terry Limited for the period from 21 November 2023 to 30 November 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Nathan Evans Limited Chartered Accountants 16 Cambrian Way Marshfield Cardiff CF3 2WB 28 January 2025
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Kim & Terry Limited Statement of financial position as at 30 November 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
1,440 
Current assets
Debtors
17,177 
Cash at bank and in hand
43,393 
60,570 
Creditors: amounts falling due within one year
(13,361)
Net current assets
47,209 
Net assets
48,649 
Capital and reserves
Called up share capital
2 
Profit and loss account
48,647 
Shareholders' funds
48,649 
For the period ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by
Terry Morrell Director Company Registration No. 15299730
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Kim & Terry Limited Notes to the Accounts for the period from 21 November 2023 to 30 November 2024
1
Statutory information
Kim & Terry Limited is a private company, limited by shares, registered in England and Wales, registration number 15299730. The registered office is 18 Nant Y Wedal, Roath Park, Cardiff, CF14 3QU, Wales.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
50% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 21 November 2023
- 
Additions
2,174 
At 30 November 2024
2,174 
Depreciation
Charge for the period
734 
At 30 November 2024
734 
Net book value
At 30 November 2024
1,440 
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
4,677 
Other debtors
12,500 
17,177 
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Kim & Terry Limited Notes to the Accounts for the period from 21 November 2023 to 30 November 2024
6
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
11,817 
Loans from directors
1,544 
13,361 
7
Controlling party
The company was under the control of Mr and Mrs Morrell for the current period. Mr and Mrs Morrell each own 50% of the share capital.
8
Average number of employees
During the period the average number of employees was 2.
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