IRIS Accounts Production v24.3.2.46 03622282 director 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh036222822023-08-31036222822024-08-31036222822023-09-012024-08-31036222822022-08-31036222822022-09-012023-08-31036222822023-08-3103622282ns15:EnglandWales2023-09-012024-08-3103622282ns14:PoundSterling2023-09-012024-08-3103622282ns10:Director12023-09-012024-08-3103622282ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3103622282ns10:SmallEntities2023-09-012024-08-3103622282ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3103622282ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3103622282ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3103622282ns10:FullAccounts2023-09-012024-08-3103622282ns10:CompanySecretary12023-09-012024-08-3103622282ns10:RegisteredOffice2023-09-012024-08-3103622282ns5:CurrentFinancialInstruments2024-08-3103622282ns5:CurrentFinancialInstruments2023-08-3103622282ns5:ShareCapital2024-08-3103622282ns5:ShareCapital2023-08-3103622282ns5:RetainedEarningsAccumulatedLosses2024-08-3103622282ns5:RetainedEarningsAccumulatedLosses2023-08-3103622282ns5:FurnitureFittings2023-09-012024-08-3103622282ns5:MotorVehicles2023-09-012024-08-3103622282ns5:LandBuildings2023-08-3103622282ns5:FurnitureFittings2023-08-3103622282ns5:MotorVehicles2023-08-3103622282ns5:LandBuildings2023-09-012024-08-3103622282ns5:LandBuildings2024-08-3103622282ns5:FurnitureFittings2024-08-3103622282ns5:MotorVehicles2024-08-3103622282ns5:LandBuildings2023-08-3103622282ns5:FurnitureFittings2023-08-3103622282ns5:MotorVehicles2023-08-3103622282ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3103622282ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3103622282ns5:DeferredTaxation2023-08-3103622282ns5:DeferredTaxation2023-09-012024-08-3103622282ns5:DeferredTaxation2024-08-31
REGISTERED NUMBER: 03622282 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Kaizen Consultancy & Training Services
Limited

Kaizen Consultancy & Training Services
Limited (Registered number: 03622282)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Kaizen Consultancy & Training Services
Limited

Company Information
for the Year Ended 31 August 2024







Director: M C B Johnston





Secretary: H Johnston





Registered office: Treefrog House
Prenton Way
Prenton
Wirral
CH43 3DU





Registered number: 03622282 (England and Wales)





Accountants: Ellis & Co
Chartered Accountants
114-120 Northgate Street
Chester
CH1 2HT

Kaizen Consultancy & Training Services
Limited (Registered number: 03622282)

Statement of Financial Position
31 August 2024

31/8/24 31/8/23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 200,712 201,077

Current assets
Debtors 5 249,212 188,759
Cash at bank 255,594 549,271
504,806 738,030
Creditors
Amounts falling due within one year 6 72,724 193,232
Net current assets 432,082 544,798
Total assets less current liabilities 632,794 745,875

Provisions for liabilities 7 2,712 2,803
Net assets 630,082 743,072

Capital and reserves
Called up share capital 4 4
Retained earnings 630,078 743,068
630,082 743,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Kaizen Consultancy & Training Services
Limited (Registered number: 03622282)

Statement of Financial Position - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 February 2025 and were signed by:





M C B Johnston - Director


Kaizen Consultancy & Training Services
Limited (Registered number: 03622282)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. Statutory information

Kaizen Consultancy & Training Services 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 25% reducing balance
Motor vehicles - 25% reducing balance

No depreciation is provided on freehold land. Freehold buildings are not depreciated on the basis that the director undertakes an annual impairment review to ensure that the current market value of the building exceeds its cost. Any permanent diminutions in value will be charged to the profit and loss account as they occur.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


Kaizen Consultancy & Training Services
Limited (Registered number: 03622282)

Notes to the Financial Statements - continued
for the Year Ended 31 August 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 statement of financial position 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 17 (2023 - 24 ) .

4. Tangible fixed assets
Fixtures,
Freehold fittings Motor
property & equipment vehicles Totals
£    £    £    £   
Cost
At 1 September 2023 189,864 138,153 95,278 423,295
Additions - 3,250 - 3,250
At 31 August 2024 189,864 141,403 95,278 426,545
Depreciation
At 1 September 2023 - 136,478 85,740 222,218
Charge for year - 1,231 2,384 3,615
At 31 August 2024 - 137,709 88,124 225,833
Net book value
At 31 August 2024 189,864 3,694 7,154 200,712
At 31 August 2023 189,864 1,675 9,538 201,077

Kaizen Consultancy & Training Services
Limited (Registered number: 03622282)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. Debtors: amounts falling due within one year
31/8/24 31/8/23
£    £   
Trade debtors 109,135 183,336
Other debtors 140,077 5,423
249,212 188,759

6. Creditors: amounts falling due within one year
31/8/24 31/8/23
£    £   
Trade creditors 45,920 109,631
Taxation and social security 21,264 77,133
Other creditors 5,540 6,468
72,724 193,232

7. Provisions for liabilities
31/8/24 31/8/23
£    £   
Deferred tax 2,712 2,803

Deferred
tax
£   
Balance at 1 September 2023 2,803
Credit to Statement of Income and Retained Earnings during
year

(91

)
Balance at 31 August 2024 2,712