Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 05754818 Mr Colin Marshall Mr C Marshall true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05754818 2023-06-30 05754818 2024-06-30 05754818 2023-07-01 2024-06-30 05754818 frs-core:CurrentFinancialInstruments 2024-06-30 05754818 frs-core:ShareCapital 2024-06-30 05754818 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 05754818 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05754818 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 05754818 frs-bus:SmallEntities 2023-07-01 2024-06-30 05754818 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05754818 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05754818 1 2023-07-01 2024-06-30 05754818 frs-bus:Director1 2023-07-01 2024-06-30 05754818 frs-countries:EnglandWales 2023-07-01 2024-06-30 05754818 2022-06-30 05754818 2023-06-30 05754818 2022-07-01 2023-06-30 05754818 frs-core:CurrentFinancialInstruments 2023-06-30 05754818 frs-core:ShareCapital 2023-06-30 05754818 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 05754818
K C S Lifting & Transportation Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Butler & Co
Bassett House, 5 Southwell Park Road
Camberley
Surrey
GU15 3PU
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 05754818
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 77,469 91,347
Cash at bank and in hand 2,657 4,993
80,126 96,340
Creditors: Amounts Falling Due Within One Year 5 (93,919 ) (121,248 )
NET CURRENT ASSETS (LIABILITIES) (13,793 ) (24,908 )
TOTAL ASSETS LESS CURRENT LIABILITIES (13,793 ) (24,908 )
NET LIABILITIES (13,793 ) (24,908 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (13,893 ) (25,008 )
SHAREHOLDERS' FUNDS (13,793) (24,908)
For the year ending 30 June 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Colin Marshall
Director
21/02/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
K C S Lifting & Transportation Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05754818 . The registered office is Bassett House, 5 Southwell Park Road, Camberley, Surrey, GU15 3PU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rental of land and property. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: NIL)
1 -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,869 15,019
Prepayments and accrued income - 1,950
Other debtors 67,600 74,378
77,469 91,347
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 24,484
VAT 290 514
Accruals and deferred income 1,250 1,250
Directors' loan accounts 92,379 95,000
93,919 121,248
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
During the year, the Company charged rent and service charges to KCS Crane & Transport. The company director Mr C Marshall is the owner of KCS Crane & Transport.
KCS Crane & Transport ServicesTotal amounts invoiced to KCS Crane & Transport during the year: £39,162 2023 £24,161 Total amount due to the Company at the year-end was: £Nil 2023 - £8,378

KCS Crane & Transport Services

Total amounts invoiced to KCS Crane & Transport during the year: £39,162 2023 £24,161 Total amount due to the Company at the year-end was: £Nil 2023 - £8,378

8. Ultimate Controlling Party
The company's ultimate controlling party is Mr C Marshall by virtue of his ownership of 100% of the issued share capital in the company.
Page 3