1 June 2023 false No description of principal activity Taxfiler 2024.6 12014696business:PrivateLimitedCompanyLtd2023-06-012024-05-31 120146962023-05-31 120146962023-06-012024-05-31 12014696business:AuditExemptWithAccountantsReport2023-06-012024-05-31 12014696business:FilletedAccounts2023-06-012024-05-31 120146962024-05-31 12014696business:Director12023-06-012024-05-31 12014696business:RegisteredOffice2023-06-012024-05-31 120146962023-05-31 12014696core:WithinOneYear2024-05-31 12014696core:WithinOneYear2023-05-31 12014696core:AfterOneYear2024-05-31 12014696core:AfterOneYear2023-05-31 12014696core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 12014696core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12014696core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 12014696core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12014696core:PreviouslyStatedAmount2024-05-31 12014696core:PreviouslyStatedAmount2023-05-31 12014696business:SmallEntities2023-06-012024-05-31 12014696countries:EnglandWales2023-06-012024-05-31 12014696core:FurnitureFittings2023-06-012024-05-31 12014696core:FurnitureFittings2023-05-31 12014696core:FurnitureFittings2024-05-31 120146962022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12014696 (England and Wales)
K&D KIPPAX LTD Unaudited accounts for the year ended 31 May 2024
K&D KIPPAX LTD Unaudited accounts Contents
Page
- 2 -
K&D KIPPAX LTD Company Information for the year ended 31 May 2024
Director
Xinyun Jiang
Company Number
12014696 (England and Wales)
Registered Office
21 HYDE PARK ROAD LEEDS LS6 1PY ENGLAND
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of K&D KIPPAX LTD for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of K&D KIPPAX LTD for the year ended 31 May 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants Chartered Certified Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY 17 April 2025
- 4 -
K&D KIPPAX LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,726 
7,635 
Current assets
Inventories
1,304 
1,288 
Debtors
100 
100 
Cash at bank and in hand
73,763 
40,511 
75,167 
41,899 
Creditors: amounts falling due within one year
(9,708)
(11,089)
Net current assets
65,459 
30,810 
Total assets less current liabilities
71,185 
38,445 
Creditors: amounts falling due after more than one year
(10,112)
(17,594)
Net assets
61,073 
20,851 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
60,973 
20,751 
Shareholders' funds
61,073 
20,851 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 April 2025 and were signed on its behalf by
Xinyun Jiang Director Company Registration No. 12014696
- 5 -
K&D KIPPAX LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
K&D KIPPAX LTD is a private company, limited by shares, registered in England and Wales, registration number 12014696. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Trading activity
Restaurant & takeaway
- 6 -
K&D KIPPAX LTD Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2023
18,640 
At 31 May 2024
18,640 
Depreciation
At 1 June 2023
11,005 
Charge for the year
1,909 
At 31 May 2024
12,914 
Net book value
At 31 May 2024
5,726 
At 31 May 2023
7,635 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
100 
100 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
9,708 
9,623 
Loans from directors
- 
516 
Accruals
- 
950 
9,708 
11,089 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,112 
17,594 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 7 -