Company Registration No. 04604786 (England and Wales)
KMP (UK) LIMITED
Unaudited accounts
for the year ended 31 December 2021
KMP (UK) LIMITED
Unaudited accounts
Contents
KMP (UK) LIMITED
Company Information
for the year ended 31 December 2021
Directors
Richard McNeill
Graham Moorby
Company Number
04604786 (England and Wales)
Registered Office
UNIT 2 LATCHMORE INDUSTRIAL
ESTATE LOWFIELDS ROAD
LEEDS
YORKSHIRE
LS12 6DN
Accountants
Neil Gallagher
GG Accounting Solutions Limited
77 Willans Avenue
Leeds
LS26 0NF
KMP (UK) LIMITED
Statement of financial position
as at 31 December 2021
Tangible assets
270,548
258,355
Inventories
444,065
468,985
Cash at bank and in hand
554,146
598,839
Creditors: amounts falling due within one year
(504,828)
(454,747)
Net current assets
630,545
776,638
Total assets less current liabilities
901,214
1,035,114
Creditors: amounts falling due after more than one year
(161,781)
(194,434)
Net assets
739,433
840,680
Called up share capital
67
67
Profit and loss account
739,366
840,613
Shareholders' funds
739,433
840,680
For the year ending 31 December 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 21 June 2022 and were signed on its behalf by
Richard McNeill
Director
Company Registration No. 04604786
KMP (UK) LIMITED
Notes to the Accounts
for the year ended 31 December 2021
KMP (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04604786. The registered office is UNIT 2 LATCHMORE INDUSTRIAL, ESTATE LOWFIELDS ROAD, LEEDS, YORKSHIRE, LS12 6DN.
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:
Motor vehicles 33% straight line
Plant and machinery 25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2021
17,419
308,588
326,007
Disposals
-
(62,999)
(62,999)
At 31 December 2021
17,419
323,678
341,097
At 1 January 2021
16,619
51,033
67,652
Charge for the year
-
56,914
56,914
On disposals
-
(54,017)
(54,017)
At 31 December 2021
16,619
53,930
70,549
At 31 December 2021
800
269,748
270,548
At 31 December 2020
800
257,555
258,355
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Investments
Subsidiary undertakings
Valuation at 1 January 2021
121
Valuation at 31 December 2021
121
KMP (UK) LIMITED
Notes to the Accounts
for the year ended 31 December 2021
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
76,370
87,152
Accrued income and prepayments
60,792
76,409
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Creditors: amounts falling due within one year
2021
2020
Obligations under finance leases and hire purchase contracts
32,652
32,652
Trade creditors
229,164
177,909
Taxes and social security
31,793
35,602
Other creditors
1,031
1,710
Loans from directors
150,000
140,000
8
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
161,781
194,434
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Average number of employees
During the year the average number of employees was 13 (2020: 13).