Company Registration No. 14119661 (England and Wales)
KG INSPIRED HOLDINGS LTD
Unaudited accounts
for the period from 1 June 2023 to 30 November 2024
KG INSPIRED HOLDINGS LTD
Unaudited accounts
Contents
KG INSPIRED HOLDINGS LTD
Company Information
for the period from 1 June 2023 to 30 November 2024
Directors
Grant Emerson Hutchby
Kay Francesca Hutchby
Company Number
14119661 (England and Wales)
Registered Office
150 NEATH ROAD
LANDORE
SWANSEA
ABERTAWE
SA1 2BD
WALES
Accountants
JSM Partners
Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
KG INSPIRED HOLDINGS LTD
Statement of financial position
as at 30 November 2024
Tangible assets
343,901
126,639
Cash at bank and in hand
3,113
3,283
Creditors: amounts falling due within one year
(42,584)
(38,768)
Net current liabilities
(36,171)
(34,818)
Total assets less current liabilities
307,730
91,821
Creditors: amounts falling due after more than one year
(315,029)
(92,250)
Net liabilities
(7,299)
(429)
Called up share capital
1
1
Profit and loss account
(7,300)
(430)
Shareholders' funds
(7,299)
(429)
For the period ending 30 November 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by
Grant Emerson Hutchby
Director
Company Registration No. 14119661
KG INSPIRED HOLDINGS LTD
Notes to the Accounts
for the period from 1 June 2023 to 30 November 2024
KG INSPIRED HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 14119661. The registered office is 150 NEATH ROAD, LANDORE, SWANSEA, ABERTAWE, SA1 2BD, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 30 November 2024
343,901
At 30 November 2024
343,901
Amounts falling due within one year
Amounts due from group undertakings etc.
-
667
KG INSPIRED HOLDINGS LTD
Notes to the Accounts
for the period from 1 June 2023 to 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
17,363
38,768
Loans from directors
25,221
-
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
65,959
-
During the year loans totalling £25,221 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
9
Average number of employees
During the period the average number of employees was 2 (2023: 2).