KUDOS PROPERTY CONSULTING LIMITED Accounts

KUDOS PROPERTY CONSULTING LIMITED - Company Information






KUDOS PROPERTY CONSULTING LIMITED

	Company No. 08504235
		Information for Filing with The Registrar
		30 April 2023

The Director presents her report and the accounts for the year ended 30 April 2023.

Principal activities
The principal activity of the company during the year under review was the provision of property related consulting and surveying services .




Director

The Director who served at any time during the year was as follows:

Y.D. Daley







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

Y.D. Daley
Director
06 November 2023

at	30 April 2023
Company No.		08504235	Notes	2023	2022
				£	£
Fixed assets

	Tangible assets		4	993	675


				993	675
Current assets

	Debtors		5	-	1,235

	Cash at bank and in hand			2,363	3,507
				2,363	4,742
Creditors: Amount falling due within one year			6	(3,223)	(5,220)
Net current liabilities				(860)	(478)
Total assets less current liabilities				133	197




Net assets				133	197

Capital and reserves
	Called up share capital			1	1



	Profit and loss account		8	132	196

Total equity				133	197



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 April 2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 06 November 2023 and signed on its behalf by:
Y.D. Daley
Director
06 November 2023

for the year ended 30 April 2023

General information

KUDOS PROPERTY CONSULTING LIMITED is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 08504235

Its registered office is:

Tumblers

Maybourne Rise

Woking

Surrey

GU22 0SH

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

25% Reducing Balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term 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.

3	Employees
			2023	2022
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	1

4	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 May 2022	1,208	1,208
		Additions	569	569



		At 30 April 2023	1,777	1,777
		Depreciation
		At 1 May 2022	533	533
		Charge for the year	251	251



		At 30 April 2023	784	784
		Net book values
		At 30 April 2023	993	993
		At 30 April 2022	675	675

5	Debtors
			2023	2022
			£	£






		Other debtors	-	1,235

			-	1,235

6	Creditors:
		amounts falling due within one year
			2023	2022
			£	£






		Taxes and social security	3,147	5,220
		Loans from directors	77	-

		Accruals and deferred income	(1)	-
			3,223	5,220

Share Capital

Share capital represents the nominal value of ordinary shares that have been issued and fully paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.