Acorah Software Products - Accounts Production 16.2.850 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 02329123 Mr Thomas Mardle Mr Benjamin Mardle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02329123 2023-06-30 02329123 2024-06-30 02329123 2023-07-01 2024-06-30 02329123 frs-core:CurrentFinancialInstruments 2024-06-30 02329123 frs-core:NetGoodwill 2024-06-30 02329123 frs-core:NetGoodwill 2023-07-01 2024-06-30 02329123 frs-core:NetGoodwill 2023-06-30 02329123 frs-core:MotorVehicles 2024-06-30 02329123 frs-core:MotorVehicles 2023-07-01 2024-06-30 02329123 frs-core:MotorVehicles 2023-06-30 02329123 frs-core:PlantMachinery 2024-06-30 02329123 frs-core:PlantMachinery 2023-07-01 2024-06-30 02329123 frs-core:PlantMachinery 2023-06-30 02329123 frs-core:CapitalRedemptionReserve 2024-06-30 02329123 frs-core:ShareCapital 2024-06-30 02329123 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 02329123 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 02329123 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 02329123 frs-bus:SmallEntities 2023-07-01 2024-06-30 02329123 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 02329123 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 02329123 frs-bus:Director1 2023-07-01 2024-06-30 02329123 frs-bus:Director2 2023-07-01 2024-06-30 02329123 frs-countries:EnglandWales 2023-07-01 2024-06-30 02329123 2022-06-30 02329123 2023-06-30 02329123 2022-07-01 2023-06-30 02329123 frs-core:CurrentFinancialInstruments 2023-06-30 02329123 frs-core:CapitalRedemptionReserve 2023-06-30 02329123 frs-core:ShareCapital 2023-06-30 02329123 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 02329123
Krystal Hygiene Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
THB LLP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 02329123
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 17,641 2
17,641 2
CURRENT ASSETS
Stocks 6 70,122 144,635
Debtors 7 717,197 302,717
Cash at bank and in hand 59,002 150,448
846,321 597,800
Creditors: Amounts Falling Due Within One Year 8 (542,649 ) (292,109 )
NET CURRENT ASSETS (LIABILITIES) 303,672 305,691
TOTAL ASSETS LESS CURRENT LIABILITIES 321,313 305,693
NET ASSETS 321,313 305,693
CAPITAL AND RESERVES
Called up share capital 9 193,008 193,008
Capital redemption reserve 6,000 6,000
Profit and Loss Account 122,305 106,685
SHAREHOLDERS' FUNDS 321,313 305,693
For the year ending 30 June 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Benjamin Mardle
Director
25/04/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Krystal Hygiene Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02329123 . The registered office is 46-50 Burners Lane South, Kiln Farm, Milton Keynes, Buckinghamshire, MK11 3HD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 15)
15 15
Page 2
Page 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 11,600
As at 30 June 2024 11,600
Amortisation
As at 1 July 2023 11,600
As at 30 June 2024 11,600
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 July 2023 9,739 1 9,740
Additions 7,000 16,519 23,519
As at 30 June 2024 16,739 16,520 33,259
Depreciation
As at 1 July 2023 9,738 - 9,738
Provided during the period 1,750 4,130 5,880
As at 30 June 2024 11,488 4,130 15,618
Net Book Value
As at 30 June 2024 5,251 12,390 17,641
As at 1 July 2023 1 1 2
6. Stocks
2024 2023
£ £
Stock 70,122 144,635
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 348,633 280,124
Other debtors 368,564 22,600
717,197 302,724
Due after more than one year
Other debtors - (7)
717,197 302,717
Page 3
Page 4
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 343,619 243,246
Other creditors 199,030 3,059
Taxation and social security - 45,804
542,649 292,109
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 193,008 193,008
Page 4