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Company Registration No. 4731185 (England and Wales)
Kirkley Limited Unaudited accounts for filing with The Registrar for the year ended 31 December 2024
Kirkley Limited Unaudited accounts for filing with The Registrar Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Kirkley Limited Company Information for the year ended 31 December 2024
Directors
Mr B Twitchell Mrs J Twitchell
Company Number
4731185 (England and Wales)
Registered Office
2 Fishpool Street St Albans Herts AL3 4RT
Accountants
Andrew Yaras & Co. 2 Fishpool Street St Albans Herts AL3 4RT
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Kirkley Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,097,238 
1,104,074 
Current assets
Debtors
1,016 
1,016 
Cash at bank and in hand
650,912 
488,947 
651,928 
489,963 
Creditors: amounts falling due within one year
(94,982)
(73,995)
Net current assets
556,946 
415,968 
Total assets less current liabilities
1,654,184 
1,520,042 
Creditors: amounts falling due after more than one year
(1,157,046)
(1,180,134)
Net assets
497,138 
339,908 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
496,938 
339,708 
Shareholders' funds
497,138 
339,908 
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by
Mrs J Twitchell Director Company Registration No. 4731185
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Kirkley Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Kirkley Limited is a private company, limited by shares, registered in England and Wales, registration number 4731185. The registered office is 2 Fishpool Street, St Albans, Herts, AL3 4RT.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government support grants are recognised in the accounts in other income on a systematic basis in the period that the relief relates to.
Taxation
Taxation represents the sum of tax currently payable. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
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. No depreciation is provided on freehold property. The amount involved is considered to be immaterial given that the life of the property is expected to be greater than fifty years.
Land & buildings
None
Plant & machinery
5-15% on cost
Fixtures & fittings
10-15% on cost
Computer equipment
33.33% on cost
Trade and other debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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Kirkley Limited Notes to the Accounts for the year ended 31 December 2024
Creditors and provisions
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
1,505,876 
At 31 December 2024
1,505,876 
Depreciation
At 1 January 2024
401,802 
Charge for the year
6,836 
At 31 December 2024
408,638 
Net book value
At 31 December 2024
1,097,238 
At 31 December 2023
1,104,074 
5
Transactions with related parties
At 31 December 2024 there were loans to directors totalling £4.491 (2023: £2,425). The loans are interest free and repayable on demand.
6
Average number of employees
During the year the average number of employees was 24 (2023: 23).
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