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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
Page
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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
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KMP (UK) LIMITED Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
270,548 
258,355 
Investments
121 
121 
270,669 
258,476 
Current assets
Inventories
444,065 
468,985 
Debtors
137,162 
163,561 
Cash at bank and in hand
554,146 
598,839 
1,135,373 
1,231,385 
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 
Capital and reserves
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
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KMP (UK) LIMITED Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Additions
- 
78,089 
78,089 
Disposals
- 
(62,999)
(62,999)
At 31 December 2021
17,419 
323,678 
341,097 
Depreciation
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 
Net book value
At 31 December 2021
800 
269,748 
270,548 
At 31 December 2020
800 
257,555 
258,355 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2021
121 
Valuation at 31 December 2021
121 
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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 
137,162 
163,561 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
60,188 
66,874 
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 
504,828 
454,747 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Obligations under finance leases and hire purchase contracts
161,781 
194,434 
9
Average number of employees
During the year the average number of employees was 13 (2020: 13).
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