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Company Registration No. 04659966 (England and Wales)
KMG & SONS ENGINEERING LTD Unaudited accounts for the year ended 31 March 2023
KMG & SONS ENGINEERING LTD Unaudited accounts Contents
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KMG & SONS ENGINEERING LTD Company Information for the year ended 31 March 2023
Director
Kevin Mark Gunn
Company Number
04659966 (England and Wales)
Registered Office
10 DOWNLAND CLOSE BOTLEY SOUTHAMPTON SO30 2SG
Accountants
CASA Accountancy & Bookkeeping Ltd 17 Lipizzaner Fields Whiteley Fareham Hampshire PO15 7BH
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KMG & SONS ENGINEERING LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,575 
23,700 
Current assets
Debtors
48,883 
19,776 
Cash at bank and in hand
462,816 
372,360 
511,699 
392,136 
Creditors: amounts falling due within one year
(41,944)
(20,272)
Net current assets
469,755 
371,864 
Net assets
493,330 
395,564 
Capital and reserves
Share premium
1 
1 
Profit and loss account
493,329 
395,563 
Shareholders' funds
493,330 
395,564 
For the year ending 31 March 2023 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 3 October 2023 and were signed on its behalf by
Kevin Mark Gunn Director Company Registration No. 04659966
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KMG & SONS ENGINEERING LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
KMG & SONS ENGINEERING LTD is a private company, limited by shares, registered in England and Wales, registration number 04659966. The registered office is 10 DOWNLAND CLOSE, BOTLEY, SOUTHAMPTON, SO30 2SG.
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:
Plant & machinery
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
65,790 
2,453 
68,243 
Additions
4,650 
1,150 
5,800 
At 31 March 2023
70,440 
3,603 
74,043 
Depreciation
At 1 April 2022
42,090 
2,453 
44,543 
Charge for the year
5,925 
- 
5,925 
At 31 March 2023
48,015 
2,453 
50,468 
Net book value
At 31 March 2023
22,425 
1,150 
23,575 
At 31 March 2022
23,700 
- 
23,700 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
48,883 
19,776 
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KMG & SONS ENGINEERING LTD Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
13,572 
(4,162)
Trade creditors
1,479 
12,680 
Taxes and social security
25,893 
10,195 
Accruals
1,000 
1,559 
41,944 
20,272 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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