Company Registration No. 04954433 (England and Wales)
Kingdom Connections Limited
Unaudited accounts
for the year ended 31 March 2025
Kingdom Connections Limited
Unaudited accounts
Contents
Kingdom Connections Limited
Company Information
for the year ended 31 March 2025
Directors
Michael Bell
M Olmo Marquez
Company Number
04954433 (England and Wales)
Registered Office
54 Watling Road
Bishop Auckland
County Durham
DL14 6RR
United Kingdom
Accountants
G Schulz and Company Ltd
Chartered Management Accountants
G W Schulz FCMA CGMA
3 Lane Close
Broadbridge Heath
Horsham
RH12 3UF
Kingdom Connections Limited
Statement of financial position
as at 31 March 2025
Tangible assets
62,467
63,825
Cash at bank and in hand
11,927
40,295
Creditors: amounts falling due within one year
(26,498)
(3,744)
Net current (liabilities)/assets
(10,990)
40,828
Called up share capital
2
2
Profit and loss account
51,475
104,651
Shareholders' funds
51,477
104,653
For the year ending 31 March 2025 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.
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 19 December 2025 and were signed on its behalf by
Michael Bell
Director
Company Registration No. 04954433
Kingdom Connections Limited
Notes to the Accounts
for the year ended 31 March 2025
Kingdom Connections Limited is a private company, limited by shares, registered in England and Wales, registration number 04954433. The registered office is 54 Watling Road, Bishop Auckland , County Durham, DL14 6RR, 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.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
2% on cost
Computer equipment
33% on cost
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.
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Kingdom Connections Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
67,899
3,294
71,193
Disposals
-
(3,294)
(3,294)
At 31 March 2025
67,899
-
67,899
At 1 April 2024
4,074
3,294
7,368
Charge for the year
1,358
-
1,358
On disposals
-
(3,294)
(3,294)
At 31 March 2025
5,432
-
5,432
At 31 March 2025
62,467
-
62,467
At 31 March 2024
63,825
-
63,825
Amounts falling due within one year
Accrued income and prepayments
2,750
-
7
Creditors: amounts falling due within one year
2025
2024
Loans from directors
25,998
812
Kingdom Connections Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Average number of employees
During the year the average number of employees was 2 (2024: 3).