IRIS Accounts Production v24.3.2.46 07229211 director 1.9.23 31.8.24 31.8.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072292112023-08-31072292112024-08-31072292112023-09-012024-08-31072292112022-08-31072292112022-09-012023-08-31072292112023-08-3107229211ns15:EnglandWales2023-09-012024-08-3107229211ns14:PoundSterling2023-09-012024-08-3107229211ns10:Director12023-09-012024-08-3107229211ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3107229211ns10:SmallEntities2023-09-012024-08-3107229211ns10:AuditExemptWithAccountantsReport2023-09-012024-08-3107229211ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3107229211ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3107229211ns10:FullAccounts2023-09-012024-08-310722921112023-09-012024-08-3107229211ns10:RegisteredOffice2023-09-012024-08-3107229211ns5:CurrentFinancialInstruments2024-08-3107229211ns5:CurrentFinancialInstruments2023-08-3107229211ns5:ShareCapital2024-08-3107229211ns5:ShareCapital2023-08-3107229211ns5:RetainedEarningsAccumulatedLosses2024-08-3107229211ns5:RetainedEarningsAccumulatedLosses2023-08-3107229211ns5:NetGoodwill2023-09-012024-08-3107229211ns5:PatentsTrademarksLicencesConcessionsSimilar2023-09-012024-08-3107229211ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-09-012024-08-3107229211ns5:PlantMachinery2023-09-012024-08-3107229211ns5:FurnitureFittings2023-09-012024-08-3107229211ns5:MotorVehicles2023-09-012024-08-3107229211ns5:ComputerEquipment2023-09-012024-08-3107229211ns5:NetGoodwill2023-08-3107229211ns5:PatentsTrademarksLicencesConcessionsSimilar2023-08-3107229211ns5:NetGoodwill2024-08-3107229211ns5:PatentsTrademarksLicencesConcessionsSimilar2024-08-3107229211ns5:NetGoodwill2023-08-3107229211ns5:PatentsTrademarksLicencesConcessionsSimilar2023-08-3107229211ns5:LandBuildings2023-08-3107229211ns5:PlantMachinery2023-08-3107229211ns5:FurnitureFittings2023-08-3107229211ns5:LandBuildings2023-09-012024-08-3107229211ns5:LandBuildings2024-08-3107229211ns5:PlantMachinery2024-08-3107229211ns5:FurnitureFittings2024-08-3107229211ns5:LandBuildings2023-08-3107229211ns5:PlantMachinery2023-08-3107229211ns5:FurnitureFittings2023-08-3107229211ns5:MotorVehicles2023-08-3107229211ns5:ComputerEquipment2023-08-3107229211ns5:MotorVehicles2024-08-3107229211ns5:ComputerEquipment2024-08-3107229211ns5:MotorVehicles2023-08-3107229211ns5:ComputerEquipment2023-08-3107229211ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3107229211ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-31072292111ns10:Director12023-08-31072292111ns10:Director12022-08-31072292111ns10:Director12023-09-012024-08-31072292111ns10:Director12022-09-012023-08-31072292111ns10:Director12024-08-31072292111ns10:Director12023-08-31
REGISTERED NUMBER: 07229211 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Kedala Limited
T/A
Minster Cleaning Services

Kedala Limited (Registered number: 07229211)
T/A Minster Cleaning Services






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountant's Report 9

Kedala Limited
T/A Minster Cleaning Services

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr K Lawley





REGISTERED OFFICE: Unit 11
Progress Way
Mid-Suffolk Business Park
Eye
Suffolk
IP23 7HU





REGISTERED NUMBER: 07229211 (England and Wales)





ACCOUNTANT: Annatrice Limited
Chartered Certified Accountant
Registered Auditor
10 The Thoroughfare
Harleston
Norfolk
IP20 9AX

Kedala Limited (Registered number: 07229211)
T/A Minster Cleaning Services

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,225 10,750
Tangible assets 5 132,221 136,749
135,446 147,499

CURRENT ASSETS
Stocks 1,000 5,300
Debtors 6 64,829 175,913
Investments 7 330,000 50,000
Cash at bank 187,015 339,848
582,844 571,061
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

8

172,626

304,723
NET CURRENT ASSETS 410,218 266,338
TOTAL ASSETS LESS CURRENT
LIABILITIES

545,664

413,837

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 544,664 412,837
SHAREHOLDER FUNDS 545,664 413,837

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Kedala Limited (Registered number: 07229211)
T/A Minster Cleaning Services

Balance Sheet - continued
31 August 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 May 2025 and were signed by:





Mr K Lawley - Director


Kedala Limited (Registered number: 07229211)
T/A Minster Cleaning Services

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Kedala Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services provided during the period excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Other intangible assets
Other intangible assets consist of a franchise licence stated at historic costs less impairments. This long term asset is subject to annual impairment reviews.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 33% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.


Kedala Limited (Registered number: 07229211)
T/A Minster Cleaning Services

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 62 (2023 - 180 ) .

Kedala Limited (Registered number: 07229211)
T/A Minster Cleaning Services

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. INTANGIBLE FIXED ASSETS
Patents
and
Goodwill licences Totals
£    £    £   
COST
At 1 September 2023 41,927 10,750 52,677
Disposals - (7,525 ) (7,525 )
At 31 August 2024 41,927 3,225 45,152
AMORTISATION
At 1 September 2023
and 31 August 2024 41,927 - 41,927
NET BOOK VALUE
At 31 August 2024 - 3,225 3,225
At 31 August 2023 - 10,750 10,750

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 September 2023 146,994 6,315 6,994
Additions - - -
Disposals - (3,975 ) -
At 31 August 2024 146,994 2,340 6,994
DEPRECIATION
At 1 September 2023 19,400 4,999 5,635
Charge for year 1,940 329 340
Eliminated on disposal - (3,975 ) -
At 31 August 2024 21,340 1,353 5,975
NET BOOK VALUE
At 31 August 2024 125,654 987 1,019
At 31 August 2023 127,594 1,316 1,359

Kedala Limited (Registered number: 07229211)
T/A Minster Cleaning Services

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 22,426 13,086 195,815
Additions - 3,227 3,227
Disposals (10,834 ) (11,022 ) (25,831 )
At 31 August 2024 11,592 5,291 173,211
DEPRECIATION
At 1 September 2023 16,585 12,447 59,066
Charge for year 917 1,763 5,289
Eliminated on disposal (8,659 ) (10,731 ) (23,365 )
At 31 August 2024 8,843 3,479 40,990
NET BOOK VALUE
At 31 August 2024 2,749 1,812 132,221
At 31 August 2023 5,841 639 136,749

Included in cost of land and buildings is freehold land of £ 50,000 (2023 - £ 50,000 ) which is not depreciated.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 54,231 173,931
Directors' current accounts 10,598 483
Prepayments - 1,499
64,829 175,913

7. CURRENT ASSET INVESTMENTS
31.8.24 31.8.23
£    £   
Other 330,000 50,000

Kedala Limited (Registered number: 07229211)
T/A Minster Cleaning Services

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 27,858 35,720
Tax 55,589 32,328
Social security and other taxes 4,324 9,989
VAT 46,901 125,649
Other creditors 37,954 101,037
172,626 304,723

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
Mr K Lawley
Balance outstanding at start of year 483 417
Amounts advanced 10,598 483
Amounts repaid (483 ) (417 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,598 483

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr K Lawley.

The ultimate controlling party is Mr K Lawley.

Chartered Certified Accountant's Report to the Director
on the Unaudited Financial Statements of
Kedala Limited

The following reproduces the text of the report prepared for the director in respect of the Company's annual unaudited financial statements. In accordance with the Companies Act 2006, the Company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Kedala Limited for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given me.

As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Kedala Limited in accordance with the terms of my engagement letter dated 30 March 2015. My work has been undertaken solely to prepare for your approval the financial statements of Kedala Limited and state those matters that I have agreed to state to the director of Kedala Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and its director for my work or for this report.

It is your duty to ensure that Kedala Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kedala Limited. You consider that Kedala Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Kedala Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.






Annatrice Limited
Chartered Certified Accountant
Registered Auditor
10 The Thoroughfare
Harleston
Norfolk
IP20 9AX



Chartered Certified Accountant's Report to the Director
on the Unaudited Financial Statements of
Kedala Limited

12 May 2025