Company Registration No. 12299840 (England and Wales)
Kartels Tradesmen Limited
Unaudited accounts
for the year ended 30 November 2021
Kartels Tradesmen Limited
Unaudited accounts
Contents
Kartels Tradesmen Limited
Company Information
for the year ended 30 November 2021
Company Number
12299840 (England and Wales)
Registered Office
38 Dam Head Drive
Manchester
M9 6LX
England
Accountants
Foster Barlow Limited
81 Penny Meadow
Ashton under Lyne
Lancashire
OL6 6EL
Kartels Tradesmen Limited
Statement of financial position
as at 30 November 2021
Tangible assets
7,629
10,172
Cash at bank and in hand
1,987
2,428
Creditors: amounts falling due within one year
(31,042)
(14,361)
Net current liabilities
(16,078)
(10,147)
Called up share capital
1
1
Profit and loss account
550
24
Shareholders' funds
551
25
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 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 20 January 2022 and were signed on its behalf by
Robert Jones
Director
Company Registration No. 12299840
Kartels Tradesmen Limited
Notes to the Accounts
for the year ended 30 November 2021
Kartels Tradesmen Limited is a private company, limited by shares, registered in England and Wales, registration number 12299840. The registered office is 38 Dam Head Drive, Manchester, M9 6LX, 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.
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 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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 November 2021
10,000
Kartels Tradesmen Limited
Notes to the Accounts
for the year ended 30 November 2021
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2020
4,354
9,209
13,563
At 30 November 2021
4,354
9,209
13,563
At 1 December 2020
1,089
2,302
3,391
Charge for the year
816
1,727
2,543
At 30 November 2021
1,905
4,029
5,934
At 30 November 2021
2,449
5,180
7,629
At 30 November 2020
3,265
6,907
10,172
6
Debtors: amounts falling due within one year
2021
2020
7
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
30,142
9,703
Loans from directors
-
3,908
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).