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Registration number: 06347248

Kinetic Residential Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Kinetic Residential Ltd

Contents

Company Information

1

Directors' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

Kinetic Residential Ltd

Company Information

Directors

P T Broomham

I R Sutherland

S M Pender

Registered office

70 St. Mary Axe
London
EC3A 8BE

Accountants

Chisnall Comer Ismail and Co
Chartered Accountants
Maria House
35 Millers Road
Brighton
BN1 5NP

 

Kinetic Residential Ltd

Directors' Report for the Year Ended 31 March 2024

The directors present their report and the financial statements for the year ended 31 March 2024.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Directors of the company

The directors who held office during the year were as follows:

Mr Jay Melton-Ball (appointed 5 May 2023 and ceased 18 June 2024)

Ms Angela Farthing - Company secretary and director (appointed 5 May 2023 and ceased 18 June 2024)

Mr Alexander John Mackay (appointed 5 May 2023 and ceased 18 June 2024)

Mrs Jordan Tupper (appointed 5 May 2023 and ceased 18 June 2024)

The following directors were appointed after the year end:

P T Broomham (appointed 18 June 2024)

I R Sutherland (appointed 18 June 2024)

S M Pender (appointed 18 June 2024)

Important adjusting events after the financial period

On the 18th June 2024, the Company was acquired by Lomond Property Lettings Ltd. A Mackay, J Mackay, J Melton-Ball and A Farthing resigned as directors on the 18th June 2024. I Sutherland, P Broomham and S Pender were appointed as directors on the 18th June 2024.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 30 January 2025 and signed on its behalf by:

.........................................
I R Sutherland
Director

   
     
 

Kinetic Residential Ltd

(Registration number: 06347248)
Balance Sheet as at 31 March 2024

2024
£

2023
£

Current assets

139,677

44,252

Prepayments and accrued income

3,129

12,800

Creditors: Amounts falling due within one year

(53,138)

(61,315)

Total assets less current liabilities

89,668

(4,263)

Accruals and deferred income

(3,212)

(1,330)

 

86,456

(5,593)

Capital and reserves

86,456

(5,593)

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
70 St. Mary Axe
London
EC3A 8BE
United Kingdom

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2023 - 9).

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

Kinetic Residential Ltd

(Registration number: 06347248)
Balance Sheet as at 31 March 2024

Approved and authorised by the Board on 30 January 2025 and signed on its behalf by:




 

.........................................

I R Sutherland

Director