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REGISTERED NUMBER: 07776779 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

KINGSBURY HOME IMPROVEMENTS LTD

KINGSBURY HOME IMPROVEMENTS LTD (REGISTERED NUMBER: 07776779)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KINGSBURY HOME IMPROVEMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 September 2024







DIRECTOR: K Snuggs





REGISTERED OFFICE: 4 Midhurst Road
Liphook
Hampshire
GU30 7ED





REGISTERED NUMBER: 07776779 (England and Wales)





ACCOUNTANTS: Traviss & Co Limited
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX

KINGSBURY HOME IMPROVEMENTS LTD (REGISTERED NUMBER: 07776779)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 169,486 171,144

CURRENT ASSETS
Stocks 10,333 2,000
Debtors 5 322,438 266,886
Cash at bank 263,770 417,985
596,541 686,871
CREDITORS
Amounts falling due within one year 6 64,684 114,095
NET CURRENT ASSETS 531,857 572,776
TOTAL ASSETS LESS CURRENT
LIABILITIES

701,343

743,920

CREDITORS
Amounts falling due after more than one
year

7

(7,088

)

(16,879

)

PROVISIONS FOR LIABILITIES (8,239 ) (6,577 )
NET ASSETS 686,016 720,464

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 685,916 720,364
686,016 720,464

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

KINGSBURY HOME IMPROVEMENTS LTD (REGISTERED NUMBER: 07776779)

BALANCE SHEET - continued
30 September 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 19 June 2025 and were signed by:





K Snuggs - Director


KINGSBURY HOME IMPROVEMENTS LTD (REGISTERED NUMBER: 07776779)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 September 2024


1. STATUTORY INFORMATION

Kingsbury Home Improvements Ltd 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.
Improvements to property - in accordance with the property
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

KINGSBURY HOME IMPROVEMENTS LTD (REGISTERED NUMBER: 07776779)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 September 2024


2. ACCOUNTING POLICIES - continued

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 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 October 2023 133,968 2,562 10,069
Additions - - 10,050
At 30 September 2024 133,968 2,562 20,119
DEPRECIATION
At 1 October 2023 - - 5,503
Charge for year - - 3,654
At 30 September 2024 - - 9,157
NET BOOK VALUE
At 30 September 2024 133,968 2,562 10,962
At 30 September 2023 133,968 2,562 4,566

KINGSBURY HOME IMPROVEMENTS LTD (REGISTERED NUMBER: 07776779)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 September 2024


4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 1,668 79,482 5,219 232,968
Additions - - - 10,050
At 30 September 2024 1,668 79,482 5,219 243,018
DEPRECIATION
At 1 October 2023 1,237 50,587 4,497 61,824
Charge for year 108 7,224 722 11,708
At 30 September 2024 1,345 57,811 5,219 73,532
NET BOOK VALUE
At 30 September 2024 323 21,671 - 169,486
At 30 September 2023 431 28,895 722 171,144

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 22,326 -
Other debtors 300,112 266,886
322,438 266,886

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,412 10,621
Trade creditors 143 9,367
Taxation and social security 50,728 90,708
Other creditors 3,401 3,399
64,684 114,095

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 7,088 16,879

KINGSBURY HOME IMPROVEMENTS LTD (REGISTERED NUMBER: 07776779)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 September 2024


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
K Snuggs
Balance outstanding at start of year 199,955 70,000
Amounts advanced 32,944 246,955
Amounts repaid - (117,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 232,899 199,955