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REGISTERED NUMBER: 13021349 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

KRIPHOS LTD

KRIPHOS LTD (REGISTERED NUMBER: 13021349)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KRIPHOS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mr P J Nash
Mrs C C Nash





REGISTERED OFFICE: 5 The Spinney
Southgate
Crawley
RH11 8PH





REGISTERED NUMBER: 13021349 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ

KRIPHOS LTD (REGISTERED NUMBER: 13021349)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,894,787 1,798,916

CURRENT ASSETS
Debtors 5 6,948 6,948
Cash at bank 58,145 50,074
65,093 57,022
CREDITORS
Amounts falling due within one year 6 14,523 5,467
NET CURRENT ASSETS 50,570 51,555
TOTAL ASSETS LESS CURRENT LIABILITIES 1,945,357 1,850,471

CREDITORS
Amounts falling due after more than one year 7 (1,022,490 ) (1,053,768 )

PROVISIONS FOR LIABILITIES (26,742 ) -
NET ASSETS 896,125 796,703

CAPITAL AND RESERVES
Called up share capital 8 110 110
Share premium 9 794,275 794,275
Fair value reserve 9 80,226 -
Retained earnings 9 21,514 2,318
SHAREHOLDERS' FUNDS 896,125 796,703

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

KRIPHOS LTD (REGISTERED NUMBER: 13021349)

BALANCE SHEET - continued
30 NOVEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:





Mr P J Nash - Director


KRIPHOS LTD (REGISTERED NUMBER: 13021349)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Kriphos Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold not provided
Motor Vehicles 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

KRIPHOS LTD (REGISTERED NUMBER: 13021349)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Freehold Motor
property vehicles Totals
£    £    £   
COST OR VALUATION
At 1 December 2023 1,748,032 55,483 1,803,515
Revaluations 106,968 - 106,968
At 30 November 2024 1,855,000 55,483 1,910,483
DEPRECIATION
At 1 December 2023 - 4,599 4,599
Charge for year - 11,097 11,097
At 30 November 2024 - 15,696 15,696
NET BOOK VALUE
At 30 November 2024 1,855,000 39,787 1,894,787
At 30 November 2023 1,748,032 50,884 1,798,916

Cost or valuation at 30 November 2024 is represented by:

Freehold Motor
property vehicles Totals
£    £    £   
Valuation in 2024 106,968 - 106,968
Cost 1,748,032 55,483 1,803,515
1,855,000 55,483 1,910,483

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 6,948 6,948

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Taxation and social security 7,575 (1,481 )
Other creditors 6,948 6,948
14,523 5,467

KRIPHOS LTD (REGISTERED NUMBER: 13021349)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 38,509 45,523
Other creditors 983,981 1,008,245
1,022,490 1,053,768

The other creditor includes several long term mortgages at varying interest rates.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
2 Ordinary 0.01 - -
10,000 Ordinary A 0.01 100 100
100 Ordinary B 0.01 10 10
110 110

9. RESERVES
Fair
Retained Share value
earnings premium reserve Totals
£    £    £    £   

At 1 December 2023 2,318 794,275 - 796,593
Profit for the year 101,422 101,422
Dividends (2,000 ) (2,000 )
Fair value movement (80,226 ) - 80,226 -
At 30 November 2024 21,514 794,275 80,226 896,015

10. RELATED PARTY DISCLOSURES

At the year end, the company owed £156,418 (2023: £170,218) to the directors. This loan is interest free, unsecured and repayable on demand.

The company's ultimate controlling parties are company directors by virtue of their shareholdings.