REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 July 2024 |
for |
63KT89ER LTD |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 July 2024 |
for |
63KT89ER LTD |
63KT89ER LTD (REGISTERED NUMBER: 14237961) |
Contents of the Financial Statements |
for the Year Ended 31 July 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
63KT89ER LTD |
Company Information |
for the Year Ended 31 July 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
42 Lytton Road |
Barnet |
Hertfordshire |
EN5 5BY |
63KT89ER LTD (REGISTERED NUMBER: 14237961) |
Balance Sheet |
31 July 2024 |
31.7.24 | 31.7.23 |
Notes | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 9 |
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 |
63KT89ER LTD (REGISTERED NUMBER: 14237961) |
Notes to the Financial Statements |
for the Year Ended 31 July 2024 |
1. | STATUTORY INFORMATION |
63KT89ER Ltd 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. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the year 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. |
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. |
Going concern |
The director have a reasonable expectation that the company will continue in operational existence for the foreseeable future and therefore used the going concern basis in preparing the financial statements. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
63KT89ER LTD (REGISTERED NUMBER: 14237961) |
Notes to the Financial Statements - continued |
for the Year Ended 31 July 2024 |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertaki |
£ |
COST |
Additions |
At 31 July 2024 |
NET BOOK VALUE |
At 31 July 2024 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 August 2023 |
Additions |
At 31 July 2024 |
NET BOOK VALUE |
At 31 July 2024 |
At 31 July 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.24 | 31.7.23 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
Prepayments and accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.24 | 31.7.23 |
£ | £ |
Bank loans and overdrafts (see note 8) |
Amounts owed to group undertakings |
Other creditors |
Accruals and deferred income |
63KT89ER LTD (REGISTERED NUMBER: 14237961) |
Notes to the Financial Statements - continued |
for the Year Ended 31 July 2024 |
8. | LOANS |
An analysis of the maturity of loans is given below: |
31.7.24 | 31.7.23 |
£ | £ |
Amounts falling due within one year or on demand: |
Bank loans |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.7.24 | 31.7.23 |
value: | £ | £ |
NIL | Ordinary | £1 | - | 100 |
A Ordinary | £1 | 50 | - |
B Ordinary | £1 | 50 | - |
100 | 100 |
Allotted and issued: |
Number: | Class: | Nominal | 31.7.24 | 31.7.23 |
value: | £ | £ |
Share capital 2 | £1 | 50 | - |
Share capital 3 | £1 | 50 | - |
100 | - |
10. | RELATED PARTY DISCLOSURES |
At the balance sheet date, an amount of £2,805 (2023: £2,805) is owed by Mayfair Castle Ltd, £3,174 (2023: £2,805) is owed by SU Builders Ltd and £100 (2023: £Nil) is owed to Taylored Design & Build Ltd. The companies are related by the virtue of the fact that they are under common control. |