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REGISTERED NUMBER: 07658457 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Kilpatrick & Co Commercial Property
Consultants Limited

Kilpatrick & Co Commercial Property
Consultants Limited (Registered number: 07658457)






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


Kilpatrick & Co Commercial Property
Consultants Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: A J Kilpatrick





REGISTERED OFFICE: Hermes House
Fire Fly Avenue
Swindon
Wiltshire
SN2 2GA





REGISTERED NUMBER: 07658457 (England and Wales)

Kilpatrick & Co Commercial Property
Consultants Limited (Registered number: 07658457)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,443 5,554

CURRENT ASSETS
Work in progress 500 500
Debtors 5 32,122 68,511
Cash at bank and in hand 648,780 607,633
681,402 676,644
CREDITORS
Amounts falling due within one year 6 74,168 164,183
NET CURRENT ASSETS 607,234 512,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

611,677

518,015

PROVISIONS FOR LIABILITIES 1,111 1,389
NET ASSETS 610,566 516,626

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 610,565 516,625
SHAREHOLDERS' FUNDS 610,566 516,626

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2025 and were signed by:





A J Kilpatrick - Director


Kilpatrick & Co Commercial Property
Consultants Limited (Registered number: 07658457)

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

1. STATUTORY INFORMATION

Kilpatrick & Co Commercial Property Consultants Limited 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 represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing work in progress to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

Kilpatrick & Co Commercial Property
Consultants Limited (Registered number: 07658457)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2023
and 30 June 2024 27,854
DEPRECIATION
At 1 July 2023 22,300
Charge for year 1,111
At 30 June 2024 23,411
NET BOOK VALUE
At 30 June 2024 4,443
At 30 June 2023 5,554

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,242 55,759
Other debtors 8,852 10,234
Prepayments and accrued income 5,028 2,518
32,122 68,511

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 9,237 14,900
Corporation tax 31,794 21,542
Social security and other taxes - 558
VAT 2,691 27,932
Other creditors 2,348 421
Directors' current accounts 26,094 37,709
Accruals and deferred income 2,004 61,121
74,168 164,183