KITCHEN EFFECTS LTD

Company Registration Number:
11353947 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

KITCHEN EFFECTS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

KITCHEN EFFECTS LTD

Company Information

for the Period Ended 31 May 2024




Director: Trevor James Shopland
Secretary: Louise Shopland
Registered office: 50 Ormside Way, Redhill, Surrey.
50 Ormside Way
Redhill
Surrey
England
RH1 2LW
Company Registration Number: 11353947 (England and Wales)

KITCHEN EFFECTS LTD

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

Supply and installation of kitchens and worktops

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Trevor James Shopland

Secretary
Louise Shopland

This report was approved by the board of directors on 25 February 2025
And Signed On Behalf Of The Board By:

Name: Trevor James Shopland
Status: Director

KITCHEN EFFECTS LTD

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Turnover 354,816 491,786
Cost of sales ( 218,433 ) ( 372,009 )
Gross Profit or (Loss) 136,383 119,777
Distribution Costs ( 9,979 ) ( 9,044 )
Administrative Expenses ( 178,127 ) ( 150,671 )
Other operating income - 4,850
Operating Profit or (Loss) ( 51,723 ) ( 35,088 )
Profit or (Loss) Before Tax ( 51,723 ) ( 35,088 )
Tax on Profit ( 202 ) 5,270
Profit or (Loss) for Period ( 51,925 ) ( 29,818 )

The notes form part of these financial statements

KITCHEN EFFECTS LTD

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 14,018 17,408
Total fixed assets: 14,018 17,408
Current assets
Stocks: 2,500 2,500
Debtors: 5 12,790 24,942
Cash at bank and in hand: 4,764 19,324
Total current assets: 20,054 46,766
Creditors: amounts falling due within one year: 6 ( 91,053 ) ( 64,230 )
Net current assets (liabilities): ( 70,999 ) ( 17,464 )
Total assets less current liabilities: ( 56,981 ) ( 56 )
Creditors: amounts falling due after more than one year: 7 ( 30,000 ) ( 35,000 )
Total net assets (liabilities): ( 86,981 ) ( 35,056 )

The notes form part of these financial statements

KITCHEN EFFECTS LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 87,081 ) ( 35,156 )
Shareholders funds: ( 86,981 ) ( 35,056 )

For the year ending 31 May 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.

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.

This report was approved by the board of directors on 25 February 2025
And Signed On Behalf Of The Board By:

Name: Trevor James Shopland
Status: Director

The notes form part of these financial statements

KITCHEN EFFECTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KITCHEN EFFECTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 3

KITCHEN EFFECTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

KITCHEN EFFECTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Total
Cost £ £ £ £
At 01 June 2023 2,711 30,000 570 33,281
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 May 2024 2,711 30,000 570 33,281
Depreciation
At 01 June 2023 892 14,640 341 15,873
Charge for year 273 3,072 45 3,390
On disposals - - - -
Other adjustments - - - -
At 31 May 2024 1,165 17,712 386 19,263
Net book value
At 31 May 2024 1,546 12,288 184 14,018
At 31 May 2023 1,819 15,360 229 17,408

KITCHEN EFFECTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors


2024
£

2023
£
Trade debtors 9,251 15,177
Prepayments and accrued income 3,539 4,495
Other debtors 5,270
Total 12,790 24,942

KITCHEN EFFECTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 3,982 6,907
Trade creditors 16,509 28,232
Taxation and social security 5,554 1,010
Other creditors 65,008 28,081
Total 91,053 64,230

KITCHEN EFFECTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 30,000 35,000
Total 30,000 35,000