General Information
Kestle Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 11776417, registration address 18 Tenaplas Drive, Upper Basildon, Reading, RG8 8SS.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
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 taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, 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:
| Motor Vehicles |
25% Straight Line
|
|
| 2. |
Average number of employees
Average number of employees during the year was 2 (2024 : 1).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Motor Vehicles |
|
Total |
| |
£ |
|
£ |
| At 01 February 2024 |
- |
|
- |
| Additions |
14,900 |
|
14,900 |
| Disposals |
- |
|
- |
| At 31 January 2025 |
14,900 |
|
14,900 |
| Depreciation |
| At 01 February 2024 |
- |
|
- |
| Charge for year |
3,725 |
|
3,725 |
| On disposals |
- |
|
- |
| At 31 January 2025 |
3,725 |
|
3,725 |
| Net book values |
| Closing balance as at 31 January 2025 |
11,175 |
|
11,175 |
| Opening balance as at 01 February 2024 |
- |
|
- |
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
0 |
|
27,031 |
| Other Debtors |
44,683 |
|
29,858 |
|
44,683 |
|
56,889 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts |
6,360 |
|
6,360 |
| Taxation and Social Security |
43,993 |
|
34,846 |
| Other Creditors |
11,022 |
|
737 |
|
61,375 |
|
41,943 |
|
| 6. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts |
10,456 |
|
14,905 |
|
10,456 |
|
14,905 |
|
| 7. |
Related party note
Debtors due within one year include an amount of £28,669 (2024 - £29,785) due from the director. This amount is repayable on demand.
|
3
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