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REGISTERED NUMBER: 14502390 (England and Wales)











Unaudited Financial Statements

for the Period 1 September 2023 to 30 August 2024

for

KILGANNON STREETCARE GROUP
ENVIRONMENTALS LIMITED

KILGANNON STREETCARE GROUP
ENVIRONMENTALS LIMITED (REGISTERED NUMBER: 14502390)

Contents of the Financial Statements
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KILGANNON STREETCARE GROUP
ENVIRONMENTALS LIMITED

Company Information
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 AUGUST 2024







DIRECTORS: L O Kilgannon
P Kilgannon





REGISTERED OFFICE: Unit 7 Sharvatt Business Centre
Keats Road
Belvedere
Kent
DA17 6BP





REGISTERED NUMBER: 14502390 (England and Wales)





ACCOUNTANTS: Friend & Grant Ltd
Bryant House
Bryant Road
Strood
Rochester
Kent
ME2 3EW

KILGANNON STREETCARE GROUP
ENVIRONMENTALS LIMITED (REGISTERED NUMBER: 14502390)

Balance Sheet
30 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 7,200 8,100
Tangible assets 6 54,445 1,669
61,645 9,769

CURRENT ASSETS
Debtors 7 327,557 285,678
Cash at bank and in hand 6,383 377
333,940 286,055
CREDITORS
Amounts falling due within one year 8 605,559 315,357
NET CURRENT LIABILITIES (271,619 ) (29,302 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(209,974

)

(19,533

)

CREDITORS
Amounts falling due after more than one
year

9

(39,952

)

-

PROVISIONS FOR LIABILITIES (2,023 ) (154 )
NET LIABILITIES (251,949 ) (19,687 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (252,049 ) (19,787 )
SHAREHOLDERS' FUNDS (251,949 ) (19,687 )

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

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

The directors acknowledge their 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.

KILGANNON STREETCARE GROUP
ENVIRONMENTALS LIMITED (REGISTERED NUMBER: 14502390)

Balance Sheet - continued
30 AUGUST 2024


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 Board of Directors and authorised for issue on 8 August 2025 and were signed on its behalf by:





P Kilgannon - Director


KILGANNON STREETCARE GROUP
ENVIRONMENTALS LIMITED (REGISTERED NUMBER: 14502390)

Notes to the Financial Statements
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 AUGUST 2024


1. STATUTORY INFORMATION

Kilgannon Streetcare Group Environmentals 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured as the fair value of the consideration received or receivable from the sale of goods or exchange of services, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services

The percentage of completion method is used to calculate the turnover recognised at the period end.

Turnover from the rendering of services is recognised when all of the following conditions are satisfied:

- the amount of turnover can be measured reliably;
- it is probable that the economic benefits associated with the transaction will flow to the entity;
- the stage of completion of the transaction at the end of the reporting period can be measured reliably; and
- the costs incurred for the transaction and the costs to complete the transaction can be measured reliably.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance


KILGANNON STREETCARE GROUP
ENVIRONMENTALS LIMITED (REGISTERED NUMBER: 14502390)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 AUGUST 2024


3. ACCOUNTING POLICIES - continued
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 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.

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.

Employee benefits
The company recognises a provision for annual leave accrued by employees as a result of services rendered in current period, and which employees are entitled to carry forward and use within the next 12 months. The provision is measured at the salary cost payable for the period of absence.

Financial instruments
Basic financial assets/liabilities including trade and other receivables/payables, cash and bank balances, are initially recognised at transaction price unless the arrangement constitutes a financing transaction (loan over period of time) where the transaction is measured at present value of the future receipts discounted at a market rate of interest. Such assets/liabilities are subsequently carried at amortised cost using the effective interest method.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 11 (2023 - 12 ) .

KILGANNON STREETCARE GROUP
ENVIRONMENTALS LIMITED (REGISTERED NUMBER: 14502390)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 AUGUST 2024


5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 30 August 2024 9,000
AMORTISATION
At 1 September 2023 900
Charge for period 900
At 30 August 2024 1,800
NET BOOK VALUE
At 30 August 2024 7,200
At 31 August 2023 8,100

6. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 1,175 - 880 2,055
Additions 1,397 68,000 1,526 70,923
At 30 August 2024 2,572 68,000 2,406 72,978
DEPRECIATION
At 1 September 2023 221 - 165 386
Charge for period 587 17,000 560 18,147
At 30 August 2024 808 17,000 725 18,533
NET BOOK VALUE
At 30 August 2024 1,764 51,000 1,681 54,445
At 31 August 2023 954 - 715 1,669

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 304,644 243,657
Other debtors 22,913 42,021
327,557 285,678

KILGANNON STREETCARE GROUP
ENVIRONMENTALS LIMITED (REGISTERED NUMBER: 14502390)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 AUGUST 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 193,669 160,678
Hire purchase contracts 23,006 -
Trade creditors 92,146 38,049
Taxation and social security 188,177 61,201
Other creditors 108,561 55,429
605,559 315,357

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 39,952 -

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 193,669 160,678

The above is a factoring account that is secured by way of personal guarantee by the director as well as a corporate cross company guarantee.

11. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £151,000. (2023: £56,250)

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 30 August 2024 and 31 August 2023:

2024 2023
£    £   
P Kilgannon
Balance outstanding at start of period - -
Amounts advanced 23,152 -
Amounts repaid (80,283 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (57,131 ) -

The loan from the director to the company is unsecured, interest-free, and repayable on demand.

KILGANNON STREETCARE GROUP
ENVIRONMENTALS LIMITED (REGISTERED NUMBER: 14502390)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 AUGUST 2024


13. RELATED PARTY DISCLOSURES

The company was charged £418,957 (2023: £150,007) during the period ended 31 August 2024 for the hire of equipment from a company in which the director Mr P Kilgannon is a shareholder.