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REGISTERED NUMBER: 07671822 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Kremer Corporation Ltd

Kremer Corporation Ltd (Registered number: 07671822)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kremer Corporation Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: A R Lamb





SECRETARY: CAIA Secretaries Ltd





REGISTERED OFFICE: Suite-2
Ground Floor
1 Duchess Street
London
W1W 6AN





REGISTERED NUMBER: 07671822 (England and Wales)





ACCOUNTANTS: Collins Johnson Corporate Services Ltd
11 Saville Place
Clifton
Bristol
Bristol
BS8 4EJ

Kremer Corporation Ltd (Registered number: 07671822)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 471,842 471,842

CURRENT ASSETS
Cash in hand 21,885 19,199

CREDITORS
Amounts falling due within one year 5 9,250 9,250
NET CURRENT ASSETS 12,635 9,949
TOTAL ASSETS LESS CURRENT LIABILITIES 484,477 481,791

CREDITORS
Amounts falling due after more than one year 6 523,931 514,681
NET LIABILITIES (39,454 ) (32,890 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (40,454 ) (33,890 )
(39,454 ) (32,890 )

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

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

The director acknowledges his 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.

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 director and authorised for issue on 11 March 2025 and were signed by:





A R Lamb - Director


Kremer Corporation Ltd (Registered number: 07671822)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Kremer Corporation 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.

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 and depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognized in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognized in profit or loss.

A decrease in the carrying amount of an asset as a result of revaluation, is recognized in other comprehensive income to the extent of any previously recognized revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation, gains accumulated in equity in respect of that asset, the excess shall be recognized in profit or loss.

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 NIL (2023 - NIL).

Kremer Corporation Ltd (Registered number: 07671822)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 July 2023
and 30 June 2024 471,842
NET BOOK VALUE
At 30 June 2024 471,842
At 30 June 2023 471,842

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 9,250 9,250

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed to group undertakings 523,931 514,681