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REGISTERED NUMBER: 08810162 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Kudos 38 Limited

Kudos 38 Limited (Registered number: 08810162)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kudos 38 Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: N C Midgley





REGISTERED OFFICE: 37 Orchard Close
Scaynes Hill
Haywards Heath
West Sussex
RH17 7PQ





REGISTERED NUMBER: 08810162 (England and Wales)





ACCOUNTANTS: Bentleys Accounting Limited
5 Hazelgrove Road
Haywards Heath
West Sussex
RH16 3PH

Kudos 38 Limited (Registered number: 08810162)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,773 36,179

CURRENT ASSETS
Debtors 5 44,902 33,810
Cash at bank 75,132 58,570
120,034 92,380
CREDITORS
Amounts falling due within one year 6 65,302 78,613
NET CURRENT ASSETS 54,732 13,767
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,505

49,946

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 83,405 49,846
SHAREHOLDERS' FUNDS 83,505 49,946

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 14 February 2025 and were signed by:





N C Midgley - Director


Kudos 38 Limited (Registered number: 08810162)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Kudos 38 Limited 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.

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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

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.

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 year 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.

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 year was 1 (2023 - 1 ) .

Kudos 38 Limited (Registered number: 08810162)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Plant and
fittings Machinery Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 11,479 50,160 61,639
DEPRECIATION
At 1 January 2024 8,071 17,389 25,460
Charge for year 852 6,554 7,406
At 31 December 2024 8,923 23,943 32,866
NET BOOK VALUE
At 31 December 2024 2,556 26,217 28,773
At 31 December 2023 3,408 32,771 36,179

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 34,907 33,810
Other debtors 9,995 -
44,902 33,810

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 6,171 5,905
Tax 22,227 19,241
Social security and other taxes 87 110
VAT 12,003 14,028
Directors' current accounts 622 19,835
Accruals and deferred income 22,842 18,144
Accrued expenses 1,350 1,350
65,302 78,613