KETTLE AND BLACK LTD

Company Registration Number:
13410986 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

KETTLE AND BLACK LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

KETTLE AND BLACK LTD

Company Information

for the Period Ended 31 May 2024




Registered office: Rear Compound, Nocton Rise
Sleaford Road
Nocton
Lincoln
England
LN4 2AF
Company Registration Number: 13410986 (England and Wales)

KETTLE AND BLACK LTD

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 10,000 7,500
Tangible assets: 5 97,121 102,000
Total fixed assets: 107,121 109,500
Current assets
Stocks: 0 0
Debtors: 0 0
Cash at bank and in hand: 25,000 0
Total current assets: 25,000 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 25,000 0
Total assets less current liabilities: 132,121 109,500
Creditors: amounts falling due after more than one year: ( 266,592 ) ( 0 )
Provision for liabilities: ( 10,000 ) ( 8,000 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 144,471 ) 101,500

The notes form part of these financial statements

KETTLE AND BLACK LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Revaluation reserve: 6 ( 7,000 ) ( 6,000 )
Profit and loss account: ( 137,473 ) 107,498
Shareholders funds: ( 144,471 ) 101,500

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 22 March 2025
And Signed On Behalf Of The Board By:

Name: Phillip Kettyle
Status: Director

The notes form part of these financial statements

KETTLE AND BLACK 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

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

KETTLE AND BLACK LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 1

KETTLE AND BLACK LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

KETTLE AND BLACK LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 June 2023 7,500
    Additions 0
    Disposals (0)
    Revaluations 2,500
    Transfers 0
    At 31 May 2024 10,000
    Amortisation
    Amortisation at 01 June 2023 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 May 2024 0
    Net book value
    Net book value at 31 May 2024 10,000
    Net book value at 31 May 2023 7,500

KETTLE AND BLACK LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Tangible Assets

Total
Cost £
At 01 June 2023 102,000
Additions 0
Disposals (14,000)
Revaluations 14,871
Transfers (5,750)
At 31 May 2024 97,121
Depreciation
At 01 June 2023 0
Charge for year 5,000
On disposals (5,000)
Other adjustments 0
At 31 May 2024 0
Net book value
At 31 May 2024 97,121
At 31 May 2023 102,000

Original cost of asset was £19750, we sold for £14000.
Also, our HGV truck was valued at £40,500 in Dec 2023.

KETTLE AND BLACK LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Revaluation reserve


2024
£
Balance at 01 June 2023 ( 6,000 )
Surplus or deficit after revaluation ( 1,000 )
Balance at 31 May 2024 ( 7,000 )

Sold one asset at a loss, revalued one asset (value reduced) bought more assets