Registered Number:06552861 |
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2024
Kinishi Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Kinishi Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
65,044
82,376
2
65,044
82,376
26,073
27,419
3
Trade and other receivables |
7,417
39,786
4
50,935
Cash and cash equivalents |
58,889
126,094
84,425
Trade and other payables: amounts falling due within one |
year |
(124,864)
(50,790)
5
(40,439)
75,304
Net current assets
Total assets less current liabilities |
140,348
41,937
Trade and other payables: amounts falling due after more |
than one year |
(70,073)
(34,278)
6
106,070
Net assets/liabilities
(28,136)
2
2
106,068
(28,138)
106,070
(28,136)
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Adrian B Goldstone Director |
These financial statements were approved and authorised for issue by the Board on 20 September 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 April 2024
Kinishi Limited
Notes to the Financial Statements
Statutory Information
Kinishi Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
06552861. |
The Sharp Project
Thorp Road
Manchester
M405BJ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Research and development
Research and development expenditure is charged to the profit and loss account in the period in which it is incurred.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 30 April 2024
Kinishi Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
129,486
18,634
110,852
2,703
2,703
-
110,852
21,337
132,189
Provision for depreciation and impairment |
47,110
11,936
35,174
Charge for year
20,035
1,754
18,281
67,145
13,690
53,455
57,397
7,647
65,044
75,678
6,698
82,376
2023
2024
27,419
26,073
4. Trade and other receivables |
2023
2024
38,966
-
820
7,417
7,417
39,786
The debtors above include the following amounts falling due after more than one year: |
38,966
-
630
630
39,596
630
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For the year ended 30 April 2024
Kinishi Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2023
2024
10,000
10,000
3,069
29,415
Taxation and social security |
36,971
20,792
750
64,657
50,790
124,864
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
18,851
31,541
15,427
38,532
34,278
70,073
7. Average number of persons employed |
During the year the average number of employees was 4 (2023 : 4)
4 of 4