0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-03-01 Sage Accounts Production Advanced 2023 - FRS102_2023 1,959 1,099 3,058 1,959 275 2,234 824 xbrli:pure xbrli:shares iso4217:GBP 09428959 2024-03-01 2025-02-28 09428959 2025-02-28 09428959 2024-02-29 09428959 2023-03-01 2024-02-29 09428959 2024-02-29 09428959 2023-02-28 09428959 bus:Director1 2024-03-01 2025-02-28 09428959 core:WithinOneYear 2025-02-28 09428959 core:WithinOneYear 2024-02-29 09428959 core:ShareCapital 2025-02-28 09428959 core:ShareCapital 2024-02-29 09428959 core:SharePremium 2025-02-28 09428959 core:SharePremium 2024-02-29 09428959 core:RetainedEarningsAccumulatedLosses 2025-02-28 09428959 core:RetainedEarningsAccumulatedLosses 2024-02-29 09428959 bus:SmallEntities 2024-03-01 2025-02-28 09428959 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 09428959 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 09428959 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 09428959 bus:FullAccounts 2024-03-01 2025-02-28 09428959 core:OfficeEquipment 2024-03-01 2025-02-28 09428959 core:OfficeEquipment 2024-02-29 09428959 core:OfficeEquipment 2025-02-28
COMPANY REGISTRATION NUMBER: 09428959
Kate Kengelbach Interiors Limited
Filleted Unaudited Financial Statements
28 February 2025
Kate Kengelbach Interiors Limited
Balance Sheet
28 February 2025
2025
2024
Note
£
£
Fixed assets
Tangible assets
4
824
Current assets
Debtors
5
252
972
Cash at bank and in hand
22,915
33,253
--------
--------
23,167
34,225
Creditors: amounts falling due within one year
6
3,411
5,819
--------
--------
Net current assets
19,756
28,406
--------
--------
Total assets less current liabilities
20,580
28,406
--------
--------
Net assets
20,580
28,406
--------
--------
Capital and reserves
Called up share capital
1
1
Share premium account
499
499
Profit and loss account
20,080
27,906
--------
--------
Shareholders funds
20,580
28,406
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income (including profit and loss account) has not been delivered.
For the year ending 28 February 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 financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Kate Kengelbach Interiors Limited
Balance Sheet (continued)
28 February 2025
These financial statements were approved by the board of directors and authorised for issue on 1 July 2025 , and are signed on behalf of the board by:
Mrs K Kengelbach
Director
Company registration number: 09428959
Kate Kengelbach Interiors Limited
Notes to the Financial Statements
Year ended 28 February 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 25 St. Maur Road, London, SW6 4DR.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are no material judgements, estimates or assumptions.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
33% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Tangible assets
Equipment
£
Cost
At 1 March 2024
1,959
Additions
1,099
-------
At 28 February 2025
3,058
-------
Depreciation
At 1 March 2024
1,959
Charge for the year
275
-------
At 28 February 2025
2,234
-------
Carrying amount
At 28 February 2025
824
-------
At 29 February 2024
-------
5. Debtors
2025
2024
£
£
Other debtors
252
972
----
----
6. Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
2,601
5,009
Other creditors
810
810
-------
-------
3,411
5,819
-------
-------
7. Director's advances, credits and guarantees
During the year, repayments and advances were made in respect of the director's loan account so as at 28 February 2025, £252 (2024 £971) was owed to the company and will be repaid before 30 November 2025.
8. Reserves
The only movement in reserves during the year was in respect of the profit for the year and dividends paid. All of the profit and loss account is distributable.