2023-06-01 2024-05-31 14103363 Kitchen and Brown Accountants Ltd false 14103363 2023-06-01 2024-05-31 14103363 uk-bus:Director1 2023-06-01 2024-05-31 14103363 uk-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14103363 uk-bus:SmallEntities 2023-06-01 2024-05-31 14103363 uk-bus:FullAccounts 2023-06-01 2024-05-31 14103363 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14103363 2023-06-01 14103363 2024-05-31 14103363 2023-05-31 xbrli:pure iso4217:GBP 14103363 2022-06-01 2023-05-31
Company Registration Number : 14103363 (England and Wales)
14103363
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-05-31
false
Kitchen and Brown Accountants Ltd
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-06-01
Kitchen and Brown Accountants Ltd
Unaudited filleted financial statements
For the year ended 31 May 2024
Kitchen and Brown Accountants Ltd
Contents
For the year ended 31 May 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5


Kitchen and Brown Accountants Ltd
Company Information
For the year ended 31 May 2024

Company registration number 14103363 (England and Wales)
Directors David Goodman
Linda Carol Dunford
Sumit Agarwal
Registered office address 40 Coinagehall Street
Helston
Cornwall
United Kingdom
TR13 8EQ
Accountant DNS Associates
Chartered Management Accountants
Dns House
Harrow, Middlesex
HA3 8DP
Kitchen and Brown Accountants Ltd
Statement of Financial Position
For the year ended 31 May 2024

2024 2023
Notes £ £
Current assets
Debtors 861,488 529,447
Cash and cash equivalents 17,125 39,473
878,613 568,920
Current liabilities
Creditors: Amounts falling due within one year (58,674) (128,796)
Corporation tax payable (5,573) (13,323)
(64,247) (142,119)
Net current assets/(liabilities) 814,366 426,801
Total assets less current liabilities 814,366 426,801
Non-current liabilities
Creditors: Amounts falling due after more than one year (214,041) (370,934)
Net assets/(liabilities) 600,324 55,867
Capital and reserves
Called up share capital 705 100
Share Premium 595,093 -
Retained earnings 4,526 55,767
Shareholder's funds 600,324 55,867
For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 May 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 23 August 2024
.............................
David Goodman (Director)
Company registration number: 14103363
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-05-31 31 May 2024
2024 2023
£ £
Current Assets 877,386 556,773
Prepayments and accrued income 1,227 12,147
Creditors: amounts falling due within one year (64,247) (142,119)
Net current assets (liabilities) 814,366 426,801
Total assets less current liabilities 814,366 426,801
CREDITORS: Amounts falling due more than one year (214,041) (370,934)
Net Assets (liabilities) 600,324 55,867
Capital and Reserves 600,324 55,867
For the year ending 31/05/2024 the company was entitled to exemption 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. For the year ending 31-05-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 23 August 2024 2024-08-23 and signed on behalf of the board,
.............................
David Goodman
Director
Company registration number: 14103363
Kitchen and Brown Accountants Ltd
Notes to the Financial Statements
For the year ended 31 May 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 40 Coinagehall Street, Helston, Cornwall, United Kingdom, TR13 8EQ.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
Taxation expense represents the aggregate amount of current tax and deferred tax recognized in the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Employees
During the year, the average number of employees including director was 6 (2023 : 8).