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Company Registration No. 14539490 (England and Wales)
Kip Brothers Ltd Unaudited accounts for the year ended 31 December 2024
Kip Brothers Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Kip Brothers Ltd Company Information for the year ended 31 December 2024
Director
Thomas James Shattock
Company Number
14539490 (England and Wales)
Registered Office
22 Deverills Way Slough Berkshire SL3 8WN England
Accountants
S SHARMA Amba House 22 Deverills Way Slough SL3 8WN
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Kip Brothers Ltd Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
4,758
4,103
Investment property
5
240,000
240,000
244,758
244,103
Current assets
Cash at bank and in hand
8,640
146
Creditors: amounts falling due within one year
6
(4,544)
(3,235)
Net current assets/(liabilities)
4,096
(3,089)
Total assets less current liabilities
248,854
241,014
Creditors: amounts falling due after more than one year
7
(250,000)
(250,000)
Net liabilities
(1,146)
(8,986)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(1,147)
(8,987)
Shareholders' funds
(1,146)
(8,986)
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 12 September 2025 and were signed on its behalf by
Thomas James Shattock Director Company Registration No. 14539490
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Kip Brothers Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Kip Brothers Ltd is a private company, limited by shares, registered in England and Wales, registration number 14539490. The registered office is 22 Deverills Way, Slough, Berkshire, SL3 8WN, England.
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.
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:
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 January 2024
3,448
At 31 December 2024
3,448
Depreciation
At 1 January 2024
(655)
Charge for the year
(655)
At 31 December 2024
(1,310)
Net book value
At 31 December 2024
4,758
At 31 December 2023
4,103
5
Investment property
2024
£
Fair value at 1 January 2024
240,000
At 31 December 2024
240,000
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
4,544
3,235
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Kip Brothers Ltd Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
250,000
250,000
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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