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COMPANY REGISTRATION NUMBER: 07864370
Kiftsgate Developments Ltd
Filleted Unaudited Abridged Financial Statements
31 May 2024
Kiftsgate Developments Ltd
Abridged Financial Statements
Year ended 31 May 2024
Contents
Page
Abridged statement of financial position
1
Notes to the abridged financial statements
2
Kiftsgate Developments Ltd
Abridged Statement of Financial Position
31 May 2024
2024
2023
Note
£
£
Creditors: amounts falling due within one year
145,236
144,863
---------
---------
Net current liabilities
145,236
144,863
---------
---------
Total assets less current liabilities
( 145,236)
( 144,863)
---------
---------
Net liabilities
( 145,236)
( 144,863)
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 145,336)
( 144,963)
---------
---------
Shareholders deficit
( 145,236)
( 144,863)
---------
---------
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 31 May 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 abridged financial statements for the year in question 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 abridged financial statements .
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the board of directors and authorised for issue on 27 February 2025 , and are signed on behalf of the board by:
Ms M F Davies
Director
Company registration number: 07864370
Kiftsgate Developments Ltd
Notes to the Abridged Financial Statements
Year ended 31 May 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Larkfields, Tadmarton Heath Road, Hook Norton, Banbury, OX15 5DQ.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts have been prepared on a Going concern basis as the company has the continued support of the director.