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REGISTERED NUMBER: 08491138 (England and Wales)












Unaudited Financial Statements

for the Year Ended 5 April 2025

for

KOUIMTSIDIS LIMITED

KOUIMTSIDIS LIMITED (REGISTERED NUMBER: 08491138)






Contents of the Financial Statements
for the Year Ended 5 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KOUIMTSIDIS LIMITED

Company Information
for the Year Ended 5 April 2025







DIRECTOR: Dr C Kouimtsidis





REGISTERED OFFICE: 100 Church Street
Brighton
East Sussex
BN1 1UJ





REGISTERED NUMBER: 08491138 (England and Wales)





ACCOUNTANTS: Paddenburg & Co Limited
100 Church Street
Brighton
East Sussex
BN1 1UJ

KOUIMTSIDIS LIMITED (REGISTERED NUMBER: 08491138)

Balance Sheet
5 April 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 436 915

CURRENT ASSETS
Debtors 5 13,280 12,850
Cash at bank 4,448 2,063
17,728 14,913
CREDITORS
Amounts falling due within one year 6 10,274 12,164
NET CURRENT ASSETS 7,454 2,749
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,890

3,664

CREDITORS
Amounts falling due after more than one
year

7

(286

)

(1,539

)

PROVISIONS FOR LIABILITIES 8 (83 ) (174 )
NET ASSETS 7,521 1,951

CAPITAL AND RESERVES
Called up share capital 3 2
Retained earnings 7,518 1,949
SHAREHOLDERS' FUNDS 7,521 1,951

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 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.

KOUIMTSIDIS LIMITED (REGISTERED NUMBER: 08491138)

Balance Sheet - continued
5 April 2025


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 16 May 2025 and were signed by:





Dr C Kouimtsidis - Director


KOUIMTSIDIS LIMITED (REGISTERED NUMBER: 08491138)

Notes to the Financial Statements
for the Year Ended 5 April 2025

1. STATUTORY INFORMATION

Kouimtsidis 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

KOUIMTSIDIS LIMITED (REGISTERED NUMBER: 08491138)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 6 April 2024 1,777
Disposals (879 )
At 5 April 2025 898
DEPRECIATION
At 6 April 2024 862
Charge for year 145
Eliminated on disposal (545 )
At 5 April 2025 462
NET BOOK VALUE
At 5 April 2025 436
At 5 April 2024 915

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 13,280 12,850

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 1,274 1,243
Tax 5,528 8,880
Social security and other taxes 210 -
Directors' loan accounts 1,942 721
Accrued expenses 1,320 1,320
10,274 12,164

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 1-2 years 286 1,274
Bank loans - 2-5 years - 265
286 1,539

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 83 174

KOUIMTSIDIS LIMITED (REGISTERED NUMBER: 08491138)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 6 April 2024 174
Accelerated capital allowances (91 )
Balance at 5 April 2025 83

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party as the company's share capital is equally split between two shareholders.