Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 04846790 Mr Kenny Coleman Mrs Sarah Coleman Mrs Sarah Coleman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04846790 2023-07-31 04846790 2024-07-31 04846790 2023-08-01 2024-07-31 04846790 frs-core:CurrentFinancialInstruments 2024-07-31 04846790 frs-core:Non-currentFinancialInstruments 2024-07-31 04846790 frs-core:FurnitureFittings 2024-07-31 04846790 frs-core:FurnitureFittings 2023-08-01 2024-07-31 04846790 frs-core:FurnitureFittings 2023-07-31 04846790 frs-core:PlantMachinery 2024-07-31 04846790 frs-core:PlantMachinery 2023-08-01 2024-07-31 04846790 frs-core:PlantMachinery 2023-07-31 04846790 frs-core:ShareCapital 2024-07-31 04846790 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 04846790 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04846790 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 04846790 frs-bus:SmallEntities 2023-08-01 2024-07-31 04846790 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 04846790 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 04846790 frs-bus:Director1 2023-08-01 2024-07-31 04846790 frs-bus:Director2 2023-08-01 2024-07-31 04846790 frs-bus:Director2 2023-07-31 04846790 frs-bus:Director2 2024-07-31 04846790 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 04846790 frs-countries:EnglandWales 2023-08-01 2024-07-31 04846790 2022-07-31 04846790 2023-07-31 04846790 2022-08-01 2023-07-31 04846790 frs-core:CurrentFinancialInstruments 2023-07-31 04846790 frs-core:Non-currentFinancialInstruments 2023-07-31 04846790 frs-core:ShareCapital 2023-07-31 04846790 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 04846790
K & S Services (South East) Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
THE BUBB SHERWIN PARTNERSHIP LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04846790
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,571 28,302
22,571 28,302
CURRENT ASSETS
Debtors 5 11,030 16,820
Cash at bank and in hand 36,502 8,273
47,532 25,093
Creditors: Amounts Falling Due Within One Year 6 (53,899 ) (51,755 )
NET CURRENT ASSETS (LIABILITIES) (6,367 ) (26,662 )
TOTAL ASSETS LESS CURRENT LIABILITIES 16,204 1,640
Creditors: Amounts Falling Due After More Than One Year 7 (5,000 ) (11,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (486 ) (486 )
NET ASSETS/(LIABILITIES) 10,718 (9,846 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 10,716 (9,848 )
SHAREHOLDERS' FUNDS 10,718 (9,846)
Page 1
Page 2
For the year ending 31 July 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
Mrs Sarah Coleman
Director
28/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
K & S Services (South East) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04846790 . The registered office is 100 High Street, Whitstable, Kent, CT5 1AZ.
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. 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% reducing balance
Fixtures & Fittings 15% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2023 87,790 4,852 92,642
Additions 2,000 - 2,000
As at 31 July 2024 89,790 4,852 94,642
Depreciation
As at 1 August 2023 62,063 2,277 64,340
Provided during the period 6,976 755 7,731
As at 31 July 2024 69,039 3,032 72,071
Net Book Value
As at 31 July 2024 20,751 1,820 22,571
As at 1 August 2023 25,727 2,575 28,302
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,526 16,316
Other debtors 504 504
11,030 16,820
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,359 4,290
Bank loans and overdrafts 6,000 6,000
Other taxes and social security 12,655 14,736
Other creditors 1,655 910
Directors' loan accounts 28,230 25,819
53,899 51,755
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,000 11,000
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Kenny Coleman (25,819 ) (2,411 ) - - (28,230 )
The above loan is unsecured, interest free and repayable on demand.
Page 4