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Registration number: 10202699

Kingdom Management Services Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2025

 

Kingdom Management Services Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 6

 

Kingdom Management Services Ltd

(Registration number: 10202699)
Balance Sheet as at 31 May 2025

Note

2025
£

2024
£

Current assets

 

Debtors

5

2,250

1,620

Cash at bank and in hand

 

927

2,331

 

3,177

3,951

Creditors: Amounts falling due within one year

6

(1,288)

(2,581)

Net assets

 

1,889

1,370

Capital and reserves

 

Called up share capital

11

11

Retained earnings

1,878

1,359

Shareholders' funds

 

1,889

1,370

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 June 2025
 

Mr C D Gordon-Finlayson
Director

   
     
 

Kingdom Management Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Meadow Cottage
3 Carswell Marsh
Faringdon
Oxfordshire
SN7 8JN

These financial statements were authorised for issue by the director on 27 June 2025.

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Kingdom Management Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Kingdom Management Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

 

Kingdom Management Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 June 2024

1,098

1,098

At 31 May 2025

1,098

1,098

Depreciation

At 1 June 2024

1,098

1,098

At 31 May 2025

1,098

1,098

Carrying amount

At 31 May 2025

-

-

5

Debtors

Current

2025
£

2024
£

Trade debtors

2,250

1,620

 

2,250

1,620

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

7

328

289

Trade creditors

 

66

66

Taxation and social security

 

894

2,226

 

1,288

2,581

 

Kingdom Management Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

7

Loans and borrowings

Current loans and borrowings

2025
£

2024
£

Other borrowings

328

289