Silverfin false false 02/11/2024 01/06/2023 02/11/2024 K S Innes 26/05/2022 26 June 2025 The principle activity of the Company during the financial period was a pizza restaurant. 14135205 2024-11-02 14135205 bus:Director1 2024-11-02 14135205 2023-05-31 14135205 core:CurrentFinancialInstruments 2024-11-02 14135205 core:CurrentFinancialInstruments 2023-05-31 14135205 core:ShareCapital 2024-11-02 14135205 core:ShareCapital 2023-05-31 14135205 core:RetainedEarningsAccumulatedLosses 2024-11-02 14135205 core:RetainedEarningsAccumulatedLosses 2023-05-31 14135205 core:PlantMachinery 2023-05-31 14135205 core:ComputerEquipment 2023-05-31 14135205 core:PlantMachinery 2024-11-02 14135205 core:ComputerEquipment 2024-11-02 14135205 bus:OrdinaryShareClass1 2024-11-02 14135205 2023-06-01 2024-11-02 14135205 bus:FilletedAccounts 2023-06-01 2024-11-02 14135205 bus:SmallEntities 2023-06-01 2024-11-02 14135205 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-11-02 14135205 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-11-02 14135205 bus:Director1 2023-06-01 2024-11-02 14135205 core:PlantMachinery 2023-06-01 2024-11-02 14135205 core:ComputerEquipment core:TopRangeValue 2023-06-01 2024-11-02 14135205 2022-06-01 2023-05-31 14135205 core:ComputerEquipment 2023-06-01 2024-11-02 14135205 bus:OrdinaryShareClass1 2023-06-01 2024-11-02 14135205 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14135205 (England and Wales)

KSI CATERING LIMITED

Unaudited Financial Statements
For the financial period from 01 June 2023 to 02 November 2024
Pages for filing with the registrar

KSI CATERING LIMITED

Unaudited Financial Statements

For the financial period from 01 June 2023 to 02 November 2024

Contents

KSI CATERING LIMITED

BALANCE SHEET

As at 02 November 2024
KSI CATERING LIMITED

BALANCE SHEET (continued)

As at 02 November 2024
Note 02.11.2024 31.05.2023
£ £
Fixed assets
Tangible assets 3 12,537 0
12,537 0
Current assets
Cash at bank and in hand 31,994 1
31,994 1
Creditors: amounts falling due within one year 4 ( 34,644) 0
Net current (liabilities)/assets (2,650) 1
Total assets less current liabilities 9,887 1
Net assets 9,887 1
Capital and reserves
Called-up share capital 5 1 1
Profit and loss account 9,886 0
Total shareholder's funds 9,887 1

For the financial period ending 02 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of KSI Catering Limited (registered number: 14135205) were approved and authorised for issue by the Director on 26 June 2025. They were signed on its behalf by:

K S Innes
Director
KSI CATERING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 June 2023 to 02 November 2024
KSI CATERING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 June 2023 to 02 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

KSI Catering Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Trelawny, Marine Drive, Widemouth Bay, Bude Marine Drive, Widemouth Bay, Bude, EX23 0AH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

Reporting period length is extended and runs from 1 June 2023 to 2 November 2024

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery 25 % reducing balance
Computer equipment 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

Period from
01.06.2023 to
02.11.2024
Year ended
31.05.2023
Number Number
Monthly average number of persons employed by the Company during the period, including the director 5 1

3. Tangible assets

Plant and machinery Computer equipment Total
£ £ £
Cost
At 01 June 2023 0 0 0
Additions 16,224 1,535 17,759
At 02 November 2024 16,224 1,535 17,759
Accumulated depreciation
At 01 June 2023 0 0 0
Charge for the financial period 5,070 152 5,222
At 02 November 2024 5,070 152 5,222
Net book value
At 02 November 2024 11,154 1,383 12,537
At 31 May 2023 0 0 0

4. Creditors: amounts falling due within one year

02.11.2024 31.05.2023
£ £
Other taxation and social security 13,171 0
Other creditors 21,473 0
34,644 0

5. Called-up share capital

02.11.2024 31.05.2023
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1