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Company Registration No. 10876241 (England and Wales)
Kathizer Limited Unaudited accounts for the year ended 31 July 2024
Kathizer Limited Unaudited accounts Contents
Page
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Kathizer Limited Company Information for the year ended 31 July 2024
Directors
Mr Chiew Song Lee Ms Chiew Yau Ong
Company Number
10876241 (England and Wales)
Registered Office
49 Bridge Street Sturminster Newton DT10 1BZ
Accountants
LJW Accountants Limited 27 Hardy Avenue Dartford Kent DA1 2FE
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Kathizer Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
94,600 
96,800 
Tangible assets
267,051 
272,801 
361,651 
369,601 
Current assets
Inventories
3,500 
650 
Cash at bank and in hand
4,830 
6,533 
8,330 
7,183 
Creditors: amounts falling due within one year
(133,916)
(124,634)
Net current liabilities
(125,586)
(117,451)
Total assets less current liabilities
236,065 
252,150 
Creditors: amounts falling due after more than one year
(209,491)
(225,104)
Net assets
26,574 
27,046 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,474 
26,946 
Shareholders' funds
26,574 
27,046 
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by
Mr Chiew Song Lee Director Company Registration No. 10876241
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Kathizer Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Kathizer Limited is a private company, limited by shares, registered in England and Wales, registration number 10876241. The registered office is 49 Bridge Street, Sturminster, Newton, DT10 1BZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Kathizer Limited Notes to the Accounts for the year ended 31 July 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2023
110,000 
At 31 July 2024
110,000 
Amortisation
At 1 August 2023
13,200 
Charge for the year
2,200 
At 31 July 2024
15,400 
Net book value
At 31 July 2024
94,600 
At 31 July 2023
96,800 
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
310,000 
10,000 
320,000 
Additions
- 
563 
563 
At 31 July 2024
310,000 
10,563 
320,563 
Depreciation
At 1 August 2023
37,200 
9,999 
47,199 
Charge for the year
6,200 
113 
6,313 
At 31 July 2024
43,400 
10,112 
53,512 
Net book value
At 31 July 2024
266,600 
451 
267,051 
At 31 July 2023
272,800 
1 
272,801 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,870 
7,200 
Taxes and social security
2,700 
2,344 
Loans from directors
120,800 
113,390 
Accruals
3,546 
1,700 
133,916 
124,634 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
209,491 
225,104 
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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