Company Registration No. 12370120 (England and Wales)
KDG Maidstone Limited
Unaudited accounts
for the year ended 30 November 2021
KDG Maidstone Limited
Unaudited accounts
Contents
KDG Maidstone Limited
Company Information
for the year ended 30 November 2021
Directors
Mr G Dhillon
Mr V Sharma
Company Number
12370120 (England and Wales)
Registered Office
EAGLE HOUSE EAGLE WAY
NORTHFLEET
GRAVESEND
DA11 9BJ
ENGLAND
KDG Maidstone Limited
Statement of financial position
as at 30 November 2021
Intangible assets
21,000
28,000
Tangible assets
431,570
399,010
Cash at bank and in hand
13,346
62,396
Creditors: amounts falling due within one year
(520,457)
(660,760)
Net current liabilities
(352,750)
(478,469)
Net assets/(liabilities)
99,820
(51,459)
Called up share capital
100
100
Profit and loss account
99,720
(51,559)
Shareholders' funds
99,820
(51,459)
For the year ending 30 November 2021 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 12 July 2022 and were signed on its behalf by
Mr G Dhillon
Director
Company Registration No. 12370120
KDG Maidstone Limited
Notes to the Accounts
for the year ended 30 November 2021
KDG Maidstone Limited is a private company, limited by shares, registered in England and Wales, registration number 12370120. The registered office is EAGLE HOUSE EAGLE WAY, NORTHFLEET, GRAVESEND, DA11 9BJ, ENGLAND.
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.
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
5% Straight line
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill - 5years
4
Intangible fixed assets
Other
At 30 November 2021
35,000
At 30 November 2021
14,000
At 30 November 2021
21,000
At 30 November 2020
28,000
KDG Maidstone Limited
Notes to the Accounts
for the year ended 30 November 2021
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2020
93,551
325,922
419,473
At 30 November 2021
93,551
412,649
506,200
At 1 December 2020
4,189
16,274
20,463
Charge for the year
4,468
49,699
54,167
At 30 November 2021
8,657
65,973
74,630
At 30 November 2021
84,894
346,676
431,570
At 30 November 2020
89,362
309,648
399,010
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
47,943
58,711
Amounts due from group undertakings etc.
48,806
-
Other debtors
57,612
61,184
7
Creditors: amounts falling due within one year
2021
2020
Trade creditors
82,985
61,735
Amounts owed to group undertakings and other participating interests
376,000
592,600
Taxes and social security
24,001
4,570
Other creditors
31,521
1,405
The parent company is KDG Food South Limited and ultimate holding company is T&M Dhillon Group Ltd which are both registered in England.
9
Average number of employees
During the year the average number of employees was 32 (2020: 39).