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REGISTERED NUMBER: 10778093 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2023 TO 30 MAY 2024

FOR

KIWI STANDARD LTD

KIWI STANDARD LTD (REGISTERED NUMBER: 10778093)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2023 TO 30 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KIWI STANDARD LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JUNE 2023 TO 30 MAY 2024







DIRECTOR: I Chomakhidze





REGISTERED OFFICE: 19 New College Parade
Finchley Road
South Hampstead
London
NW3 5EP





REGISTERED NUMBER: 10778093 (England and Wales)





ACCOUNTANTS: Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN

KIWI STANDARD LTD (REGISTERED NUMBER: 10778093)

BALANCE SHEET
30 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 514 -

CURRENT ASSETS
Debtors 5 158,119 257,403
Cash at bank 4,898 2,062
163,017 259,465
CREDITORS
Amounts falling due within one year 6 118,715 206,018
NET CURRENT ASSETS 44,302 53,447
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,816

53,447

CREDITORS
Amounts falling due after more than
one year

7

75,378

81,961

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (30,563 ) (28,515 )
(30,562 ) (28,514 )
44,816 53,447

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 May 2025 and were signed by:





I Chomakhidze - Director


KIWI STANDARD LTD (REGISTERED NUMBER: 10778093)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2023 TO 30 MAY 2024

1. STATUTORY INFORMATION

Kiwi Standard Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis, as the director with their support and the support of the creditors feels that the company will continue in operation for the forseeable future.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the period 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

KIWI STANDARD LTD (REGISTERED NUMBER: 10778093)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JUNE 2023 TO 30 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 756
At 30 May 2024 756
DEPRECIATION
Charge for period 242
At 30 May 2024 242
NET BOOK VALUE
At 30 May 2024 514

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 137,999 236,600
Other debtors 20,120 20,803
158,119 257,403

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 118,715 206,018

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 75,378 81,961