REGISTERED NUMBER: |
Financial Statements |
For The Year Ended 28 February 2025 |
for |
KJR Digital Limited |
REGISTERED NUMBER: |
Financial Statements |
For The Year Ended 28 February 2025 |
for |
KJR Digital Limited |
KJR Digital Limited (Registered number: 05700514) |
Contents of the Financial Statements |
For The Year Ended 28 February 2025 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
KJR Digital Limited |
Company Information |
For The Year Ended 28 February 2025 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Newland House |
The Point |
Weaver Road |
LINCOLN |
Lincolnshire |
LN6 3QN |
KJR Digital Limited (Registered number: 05700514) |
Balance Sheet |
28 February 2025 |
2025 | 2024 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
The directors acknowledge their 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. |
KJR Digital Limited (Registered number: 05700514) |
Balance Sheet - continued |
28 February 2025 |
The financial statements were approved by the Board of Directors and authorised for issue on |
KJR Digital Limited (Registered number: 05700514) |
Notes to the Financial Statements |
For The Year Ended 28 February 2025 |
1. | STATUTORY INFORMATION |
KJR Digital Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Plant and machinery etc | - |
Financial instruments |
Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis as follows: |
Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised costs. Prepayments are not financial instruments. |
Cash at bank is classified as a basic financial instrument and is measured at transaction price. |
Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments and are measured at amortised costs. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest. |
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. |
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. |
KJR Digital Limited (Registered number: 05700514) |
Notes to the Financial Statements - continued |
For The Year Ended 28 February 2025 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 March 2024 |
Additions |
At 28 February 2025 |
DEPRECIATION |
At 1 March 2024 |
Charge for year |
At 28 February 2025 |
NET BOOK VALUE |
At 28 February 2025 |
At 29 February 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Trade debtors |
Other debtors |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Trade creditors |
Tax |
VAT | 14,571 | 12,811 |
Directors' current accounts | 312 | 38,471 |
Accruals and deferred income |
KJR Digital Limited (Registered number: 05700514) |
Notes to the Financial Statements - continued |
For The Year Ended 28 February 2025 |
7. | RELATED PARTY DISCLOSURES |
Included in creditors is a directors' loan account balance owed to Mr K Reeves and Mrs K Reeves totalling £312 (2024: £38,471). This loan is provided unsecured and interest free. |