Registered number
11876790
Kimtrain Limited
Unaudited Filleted Financial Statements
For the Year Ended
31 March 2025
Kimtrain Limited
Registered number: 11876790
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Intangible assets 3 125 155
Tangible assets 4 380 875
505 1,030
Current assets
Debtors 5 2,112 1,854
Cash at bank and in hand 775 958
2,887 2,812
Creditors: amounts falling due within one year 6 (3,818) (2,942)
Net current liabilities (931) (130)
Net (liabilities)/assets (426) 900
Capital and reserves
Called up share capital 100 100
Share premium 1,881 1,881
Profit and loss account (2,407) (1,081)
Shareholders' funds (426) 900
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J.R. Kimberley
Director
Approved by the board on 6 June 2025
Kimtrain Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
The directors believe the company is experiencing healthy levels of sales and profitability and that it is well placed to manage its business risks successfully. Accordingly they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment, Plant and machinery 25% straight line basis
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
Taxation (continued)
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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company (including directors) during the year 2 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2024 305
At 31 March 2025 305
Amortisation
At 1 April 2024 150
Provided during the year 30
At 31 March 2025 180
Net book value
At 31 March 2025 125
At 31 March 2024 155
4 Tangible fixed assets
Plant and machinery Office equipment Total
£ £ £
Cost
At 1 April 2024 2,358 2,020 4,378
Additions - 52 52
At 31 March 2025 2,358 2,072 4,430
Depreciation
At 1 April 2024 2,099 1,404 3,503
Charge for the year 258 289 547
At 31 March 2025 2,357 1,693 4,050
Net book value
At 31 March 2025 1 379 380
At 31 March 2024 259 616 875
5 Debtors 2025 2024
£ £
Trade debtors 1,814 1,546
Prepayments 298 308
2,112 1,854
6 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 72 -
Other creditors 2,586 -
Accruals 1,160 2,942
3,818 2,942
7 Other information
Kimtrain Limited is a private company limited by shares and incorporated in England. Its registered office is:
6 Hadrians Close
Salendine Nook
Huddersfield
West Yorkshire
HD3 3XZ
The financial statements are presented in Sterling, which is the functional currency of the company.
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