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REGISTERED NUMBER: 04681317 (England and Wales)















KUDOS MANUFACTURING LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KUDOS MANUFACTURING LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2023







DIRECTORS: Mr D Wilson
Mrs E A Wilson
Mr R Pethick





SECRETARY: Mrs E A Wilson





REGISTERED OFFICE: C/O National Business Register Group Ltd
(Start.biz), Ground Floor
3 Sovereign Court, Graham Street
Birmingham
West Midlands
B1 3JR





REGISTERED NUMBER: 04681317 (England and Wales)





ACCOUNTANTS: Wallace Crooke Walsall Limited
Chartered Accountants
Wallace House
20 Birmingham Road
Walsall
West Midlands
WS1 2LT

KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,101 55,483

CURRENT ASSETS
Stocks 5,716 5,709
Debtors 5 127,148 102,381
Cash at bank and in hand 51,647 39,991
184,511 148,081
CREDITORS
Amounts falling due within one year 6 109,978 112,508
NET CURRENT ASSETS 74,533 35,573
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,634

91,056

CREDITORS
Amounts falling due after more than one
year

7

(75,373

)

(80,247

)

PROVISIONS FOR LIABILITIES 8 (10,089 ) (10,542 )
NET ASSETS 42,172 267

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 42,072 167
SHAREHOLDERS' FUNDS 42,172 267

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2023 and were signed on its behalf by:





Mr D Wilson - Director


KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2023

1. STATUTORY INFORMATION

Kudos Manufacturing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% reducing balance and 10% on straight line
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell after making due allowances for obsolete and slow moving items.

Financial instruments
The financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary share which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 294,830 15,038 17,675 3,922 331,465
Additions 7,270 2,200 - 1,364 10,834
At 31 March 2023 302,100 17,238 17,675 5,286 342,299
DEPRECIATION
At 1 April 2022 240,870 13,615 17,575 3,922 275,982
Charge for year 11,834 907 25 450 13,216
At 31 March 2023 252,704 14,522 17,600 4,372 289,198
NET BOOK VALUE
At 31 March 2023 49,396 2,716 75 914 53,101
At 31 March 2022 53,960 1,423 100 - 55,483

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 113,287 91,281
Other debtors 13,861 11,100
127,148 102,381

KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,874 4,753
Trade creditors 27,231 40,211
Taxation and social security 46,238 33,228
Other creditors 31,635 34,316
109,978 112,508

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 15,373 20,247
Other creditors 60,000 60,000
75,373 80,247

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 10,089 10,542

Deferred
tax
£   
Balance at 1 April 2022 10,542
Provided during year (453 )
Balance at 31 March 2023 10,089

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100