0 01/04/2024 31/03/2025 2025-03-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2024-04-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 11811998 2024-04-01 2025-03-31 11811998 2025-03-31 11811998 2024-03-31 11811998 2023-04-01 2024-03-31 11811998 2024-03-31 11811998 2023-03-31 11811998 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 11811998 bus:RegisteredOffice 2024-04-01 2025-03-31 11811998 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 11811998 bus:Director1 2024-04-01 2025-03-31 11811998 bus:Director2 2024-04-01 2025-03-31 11811998 core:FurnitureFittingsToolsEquipment 2025-03-31 11811998 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 11811998 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 11811998 core:WithinOneYear 2025-03-31 11811998 core:WithinOneYear 2024-03-31 11811998 core:ShareCapital 2025-03-31 11811998 core:ShareCapital 2024-03-31 11811998 core:RetainedEarningsAccumulatedLosses 2025-03-31 11811998 core:RetainedEarningsAccumulatedLosses 2024-03-31 11811998 core:ShareCapital 2023-03-31 11811998 core:RetainedEarningsAccumulatedLosses 2023-03-31 11811998 core:PreviouslyStatedAmount core:ShareCapital 2025-03-31 11811998 core:FurnitureFittingsToolsEquipment 2024-03-31 11811998 bus:Director1 2024-03-31 11811998 bus:Director1 2025-03-31 11811998 bus:Director1 2023-03-31 11811998 bus:Director1 2024-03-31 11811998 bus:Director1 2023-04-01 2024-03-31 11811998 bus:SmallEntities 2024-04-01 2025-03-31 11811998 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11811998 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11811998 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11811998 bus:FullAccounts 2024-04-01 2025-03-31
Company registration number: 11811998
KIRAY CONSULTANTS LIMITED
UNAUDITED FILLETED FINANCIAL STATEMENTS
31 March 2025
KIRAY CONSULTANTS LIMITED
Contents
Directors and other information
Accountants report
Statement of financial position
Statement of changes in equity
Notes to the financial statements
KIRAY CONSULTANTS LIMITED
DIRECTORS AND OTHER INFORMATION
Directors Miss K Pabial
Mr R Owen
Company number 11811998
Registered office Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 3AB
Business address 24 Carnell Lane
Fernwood
Newark
NG24 3FS
Accountants Heywoods
Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 2AB
KIRAY CONSULTANTS LIMITED
CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE
UNAUDITED STATUTORY FINANCIAL STATEMENTS OF KIRAY CONSULTANTS LIMITED
YEAR ENDED 31ST MARCH 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kiray Consultants Limited for the year ended 31 March 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Kiray Consultants Limited, as a body, in accordance with the terms of our engagement letter dated 6 April 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Kiray Consultants Limited and state those matters that we have agreed to state to the board of directors of Kiray Consultants Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kiray Consultants Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Kiray Consultants Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Kiray Consultants Limited. You consider that Kiray Consultants Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Kiray Consultants Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Heywoods
Chartered Accountants
Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 2AB
18 July 2025
KIRAY CONSULTANTS LIMITED
STATEMENT OF FINANCIAL POSITION
31ST MARCH 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 5 288 288
_______ _______
288 288
Creditors: amounts falling due
within one year 6 ( 518) ( 340)
_______ _______
Net current liabilities ( 518) ( 340)
_______ _______
Total assets less current liabilities ( 230) ( 52)
_______ _______
Net liabilities ( 230) ( 52)
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account ( 330) ( 152)
_______ _______
Shareholders deficit ( 230) ( 52)
_______ _______
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 14 July 2025 , and are signed on behalf of the board by:
Miss K Pabial
Director
Company registration number: 11811998
KIRAY CONSULTANTS LIMITED
STATEMENT OF CHANGES IN EQUITY
YEAR ENDED 31ST MARCH 2025
Called up share capital Profit and loss account Total
£ £ £
At 1 April 2023 100 56 156
Loss for the year ( 208) ( 208)
_______ _______ _______
Total comprehensive income for the year - ( 208) ( 208)
_______ _______ _______
At 31 March 2024 and 1 April 2024 100 ( 152) ( 52)
Loss for the year ( 178) ( 178)
_______ _______ _______
Total comprehensive income for the year - ( 178) ( 178)
_______ _______ _______
At 31 March 2025 100 ( 330) ( 230)
_______ _______ _______
KIRAY CONSULTANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 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 Heywoods, Countrywide House, Knights Way, Shrewsbury, Shropshire, SY1 3AB.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.
Going concern
The company is insolvent and relies on the continued support of the director.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. 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.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and 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:
Fittings fixtures and equipment - 15 % reducing balance
Impairment
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 company 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.
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2024: 1 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 April 2024 and 31 March 2025 650 650
_______ _______
Depreciation
At 1 April 2024 and 31 March 2025 362 362
_______ _______
Carrying amount
At 31 March 2025 288 288
_______ _______
At 31 March 2024 288 288
_______ _______
6. Creditors: amounts falling due within one year
2025 2024
£ £
Other creditors 518 340
_______ _______
7. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2025
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Miss K Pabial ( 183) ( 157) ( 340)
_______ _______ _______
2024
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Miss K Pabial ( 180) ( 3) ( 183)
_______ _______ _______