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KZSS Ltd
Registered Number:12761257
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2024
KZSS Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
12761257
As at 31 July 2024
KZSS Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
713,416
178,637
2
3
801,111
738,461
Investment property
1,514,527
917,098
Current assets
Inventories
198,000
209,000
4
Trade and other receivables
70,078
78,692
5
60,510
Cash and cash equivalents
286
287,978
328,588
Trade and other payables: amounts falling due within one
year
(949,893)
(1,380,616)
6
(621,305)
(1,092,638)
Net current liabilities
Total assets less current liabilities
421,889
295,793
421,889
Net assets
295,793
Capital and reserves
Called up share capital
100,000
100,000
Retained earnings
321,889
195,793
421,889
295,793
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Shelley Ruth Selner Director
These financial statements were approved and authorised for issue by the Board on 26 August 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 July 2024
KZSS Ltd
Notes to the Financial Statements
Statutory Information
KZSS Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
12761257.
Principal place of business:
Trewint Service Station
Launceston
Cornwall
PL15 7TF
Registered address:
Unit 9, 97-101 Peregrine Road,
Hainault Business Park,
Hainault
Essex
IG6 3XH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings Improvement
10% Straight line
Plant and Machinery
25% Reducing balance
25% Straight line
Computer Equipment
25% Reducing balance
Motor Vehicles
20% Reducing balance
Furniture and Fittings
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5
For the year ended 31 July 2024
KZSS Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
Plant and
Machinery
Land and
Buildings
Improvement
£
£
£
£
£
£
Cost or
valuation
At 01 August
2023
251,362
2,500
47,099
25,000
20,255
156,508
576,451
-
19,576
-
3,258
553,617
Additions
At 31 July 2024
710,125
25,000
66,675
2,500
827,813
23,513
Provision for depreciation and impairment
At 01 August
2023
72,725
1,875
22,984
6,250
5,064
36,552
Charge for year
41,672
731
10,923
4,688
4,612
20,718
At 31 July 2024
114,397
2,606
33,907
10,938
9,676
57,270
At 31 July 2024
Net book value
652,855
13,837
14,062
32,768
(106)
713,416
119,956
15,191
18,750
24,115
625
178,637
At 31 July 2023
The land and buildings includes leasehold and freehold properties and improvements to all the properties.
A hotel was acquired just prior to the balance sheet date and work was commenced on improvements on the hotel
immediately and has continued for a large part of the following year.
3. Investment property
Total
£
Fair value
At 01 August 2023
738,461
Additions
62,650
At 31 July 2024
801,111
Net book value
At 31 July 2024
801,111
At 31 July 2023
738,461
The directors consider the value of the investment property which is a farm, to be £1,050,000 (2023 - £800,000) at the balance sheet date. The value in the accounts has not been increased to the above figures, as there were no professional valuations undertaken of the farm.
4. Inventories
2023
2024
£
£
Stocks
209,000
198,000
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6
For the year ended 31 July 2024
KZSS Ltd
Notes to the Financial Statements Continued
5. Trade and other receivables
2023
2024
£
£
Trade debtors
46,344
40,878
Other debtors
32,348
29,200
70,078
78,692
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
675,000
337,500
Trade creditors
265,342
190,077
Taxation and social security
146,980
91,825
Other creditors
293,294
330,491
1,380,616
949,893
7. Average number of persons employed
During the year the average number of employees was 5 (2023 : 5)
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