Silverfin false false 31/08/2024 01/09/2023 31/08/2024 I Kilpatrick 26/08/2016 27 March 2025 The principal activity of the Company during the financial year was Information technology consultancy activities 10347847 2024-08-31 10347847 bus:Director1 2024-08-31 10347847 2023-08-31 10347847 core:CurrentFinancialInstruments 2024-08-31 10347847 core:CurrentFinancialInstruments 2023-08-31 10347847 core:Non-currentFinancialInstruments 2024-08-31 10347847 core:Non-currentFinancialInstruments 2023-08-31 10347847 core:ShareCapital 2024-08-31 10347847 core:ShareCapital 2023-08-31 10347847 core:RetainedEarningsAccumulatedLosses 2024-08-31 10347847 core:RetainedEarningsAccumulatedLosses 2023-08-31 10347847 core:Vehicles 2023-08-31 10347847 core:Vehicles 2024-08-31 10347847 core:UnlistedNon-exchangeTraded core:WithinOneYear 2024-08-31 10347847 core:UnlistedNon-exchangeTraded core:WithinOneYear 2023-08-31 10347847 2023-09-01 2024-08-31 10347847 bus:FilletedAccounts 2023-09-01 2024-08-31 10347847 bus:SmallEntities 2023-09-01 2024-08-31 10347847 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 10347847 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10347847 bus:Director1 2023-09-01 2024-08-31 10347847 core:Vehicles 2023-09-01 2024-08-31 10347847 2022-09-01 2023-08-31 10347847 core:Non-currentFinancialInstruments 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Company No: 10347847 (England and Wales)

KIRIAN INTERNATIONAL LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2024
Pages for filing with the registrar

KIRIAN INTERNATIONAL LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2024

Contents

KIRIAN INTERNATIONAL LIMITED

BALANCE SHEET

As at 31 August 2024
KIRIAN INTERNATIONAL LIMITED

BALANCE SHEET (continued)

As at 31 August 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 9,970 13,294
9,970 13,294
Current assets
Debtors 4 54,118 57,080
Investments 5 70,509 0
Cash at bank and in hand 17,596 7,678
142,223 64,758
Creditors: amounts falling due within one year 6 ( 47,738) ( 164,414)
Net current assets/(liabilities) 94,485 (99,656)
Total assets less current liabilities 104,455 (86,362)
Creditors: amounts falling due after more than one year 7 ( 250,000) 0
Net liabilities ( 145,545) ( 86,362)
Capital and reserves
Called-up share capital 2 2
Profit and loss account ( 145,547 ) ( 86,364 )
Total shareholders' deficit ( 145,545) ( 86,362)

For the financial year ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Kirian International Limited (registered number: 10347847) were approved and authorised for issue by the Director on 27 March 2025. They were signed on its behalf by:

I Kilpatrick
Director
KIRIAN INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
KIRIAN INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Kirian International Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2 - 8 Parkstone Road, Poole, England, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

During the year we have expanded our investments in Asset Logic and we have continued our investments in Stem Generations Ltd, the Science Laboratory business, which continues to experience a challenging time with restricted school budgets post Covid-19.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Vehicles 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 2 2

3. Tangible assets

Vehicles Total
£ £
Cost
At 01 September 2023 23,633 23,633
At 31 August 2024 23,633 23,633
Accumulated depreciation
At 01 September 2023 10,339 10,339
Charge for the financial year 3,324 3,324
At 31 August 2024 13,663 13,663
Net book value
At 31 August 2024 9,970 9,970
At 31 August 2023 13,294 13,294

4. Debtors

2024 2023
£ £
Amounts owed by associates 48,544 42,956
Other debtors 5,574 14,124
54,118 57,080

5. Current asset investments

2024 2023
£ £
Other investments – at cost less impairment 70,509 0

6. Creditors: amounts falling due within one year

2024 2023
£ £
Other taxation and social security 1 490
Other creditors 47,737 163,924
47,738 164,414

7. Creditors: amounts falling due after more than one year

2024 2023
£ £
Other creditors 250,000 0

There are no amounts included above in respect of which any security has been given by the small entity.