Company Registration No. 14553256 (England and Wales)
Kiesta Fabrics & Interiors Ltd
Unaudited accounts
for the year ended 29 December 2024
Kiesta Fabrics & Interiors Ltd
Unaudited accounts
Contents
Kiesta Fabrics & Interiors Ltd
Company Information
for the year ended 29 December 2024
Company Number
14553256 (England and Wales)
Registered Office
Unit 1, Bowden Terminal
Luckyn Lane
Basildon
SS14 3AX
United Kingdom
Accountants
Insight Business Services Limited
20-22 Wenlock Road
London
N1 7GU
Kiesta Fabrics & Interiors Ltd
Statement of financial position
as at 29 December 2024
Cash at bank and in hand
3,446
44,547
Creditors: amounts falling due within one year
(115,674)
(228,618)
Net current assets/(liabilities)
250,814
(1,066)
Total assets less current liabilities
253,805
(1,066)
Creditors: amounts falling due after more than one year
(247,003)
-
Net assets/(liabilities)
6,802
(1,066)
Called up share capital
1
1
Profit and loss account
6,801
(1,067)
Shareholders' funds
6,802
(1,066)
For the year ending 29 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 14 April 2025 and were signed on its behalf by
Yasin Kultur
Director
Company Registration No. 14553256
Kiesta Fabrics & Interiors Ltd
Notes to the Accounts
for the year ended 29 December 2024
Kiesta Fabrics & Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 14553256. The registered office is Unit 1, Bowden Terminal, Luckyn Lane, Basildon, SS14 3AX, United Kingdom.
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.
These financial statements for the year ended 29 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 21 December 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% Reducing Balance Basis
Computer equipment
20% Reducing Balance Basis
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 29 December 2024
843
2,723
3,566
Charge for the year
101
474
575
At 29 December 2024
101
474
575
At 29 December 2024
742
2,249
2,991
Kiesta Fabrics & Interiors Ltd
Notes to the Accounts
for the year ended 29 December 2024
Amounts falling due within one year
Trade debtors
194,216
173,380
Accrued income and prepayments
8,778
9,625
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
62,450
215,014
Taxes and social security
1,342
-
Other creditors
6,028
6,590
Loans from directors
(10,554)
(8,793)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).