Registration number:
Kitche Limited
for the Period from 5 July 2018 to 31 July 2019
Kitche Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Kitche Limited
Company Information
Directors |
A Vlassopulos J Ritchie |
Registered office |
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Page 1 |
Kitche Limited
(Registration number: 11450155)
Balance Sheet as at 31 July 2019
Note |
2019 |
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Fixed assets |
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Intangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
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Net current liabilities |
( |
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Net assets |
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Capital and reserves |
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Allotted, called up and fully paid share capital |
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Share premium reserve |
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Profit and loss account |
( |
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Total equity |
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For the financial period ending 31 July 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
.........................................
Director
Page 2 |
Kitche Limited
Notes to the Financial Statements for the Period from 5 July 2018 to 31 July 2019
General information |
The company is a private company limited by share capital incorporated in England. The address of the registered office is given in the company information page of these financial statements.
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements for the period ended 31 July 2019 comply with Financial Reporting Standard 102 Section 1A small entities, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and also comply with the Companies Act 2006.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Asset class |
Amortisation method and rate |
Intangible asset |
3 years straight line |
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Page 3 |
Kitche Limited
Notes to the Financial Statements for the Period from 5 July 2018 to 31 July 2019
Intangible assets |
Other intangible assets |
Total |
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Cost or valuation |
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Additions acquired separately |
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At 31 July 2019 |
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Amortisation |
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Amortisation charge |
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At 31 July 2019 |
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Carrying amount |
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At 31 July 2019 |
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The aggregate amount of research and development expenditure recognised as an expense during the period is £Nil.
Debtors |
2019 |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2019 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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