REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
14 AUGUST 2023 TO 31 AUGUST 2024 |
FOR |
KYTE FINANCIAL PLANNING LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
14 AUGUST 2023 TO 31 AUGUST 2024 |
FOR |
KYTE FINANCIAL PLANNING LIMITED |
KYTE FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 15070261) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 14 AUGUST 2023 TO 31 AUGUST 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
KYTE FINANCIAL PLANNING LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 14 AUGUST 2023 TO 31 AUGUST 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
55 Loudoun Road |
St John's Wood |
London |
NW8 0DL |
KYTE FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 15070261) |
BALANCE SHEET |
31 AUGUST 2024 |
Notes | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Share premium |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
KYTE FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 15070261) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 14 AUGUST 2023 TO 31 AUGUST 2024 |
1. | STATUTORY INFORMATION |
Kyte Financial Planning Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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. |
Computer equipment 25% straight line |
Taxation |
Taxation for the period 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. |
Going concern |
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
KYTE FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 15070261) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 14 AUGUST 2023 TO 31 AUGUST 2024 |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
Additions |
At 31 August 2024 |
DEPRECIATION |
Charge for period |
At 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary shares | 1 | 125 |
During the period 100 shares were issued on incorporation at a par value of £1. A further 25 ordinary shares were issued with a nominal value of £1 per share and a price of £4,000 per share generating share premium of £99,975. |