Kubbykraft Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09923606

KUBBYKRAFT LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2024

KUBBYKRAFT LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2024

	2024		2023
Note	£	£	£	£

CURRENT ASSETS

Debtors	5	411,471	435,089
Cash at bank and in hand		5,929	10,987
		---------	---------
		417,400	446,076

CREDITORS: amounts falling due within one year	6	408,567		428,733
		---------		---------
NET CURRENT ASSETS			8,833		17,343
			-------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES			8,833		17,343

CREDITORS: amounts falling due after more than one year	7	3,417	11,474
		-------	--------
NET ASSETS		5,416	5,869
		-------	--------

CAPITAL AND RESERVES

Called up share capital	1,000	1,000
Profit and loss account	4,416	4,869
	-------	-------
SHAREHOLDERS FUNDS	5,416	5,869
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

KUBBYKRAFT LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

Mr A P Wells
Director

Company registration number: 09923606

KUBBYKRAFT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, Northamptonshire, NN15 6WJ.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the 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.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 43 (2023: 43 ).

5. DEBTORS

	2024	2023
	£	£
Trade debtors	268,536	312,452
Other debtors	142,935	122,637
	---------	---------
	411,471	435,089
	---------	---------

6. CREDITORS: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	8,201	8,099
Trade creditors	3,784	–
Corporation tax	54,804	38,166
Social security and other taxes	307,661	300,257
Willowbrook creditor	–	50,000
Other creditors	34,117	32,211
	---------	---------
	408,567	428,733
	---------	---------

7. CREDITORS: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	3,417	11,474
	-------	--------