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REGISTERED NUMBER: 09780038 (England and Wales)















KCA London Limited

Financial Statements

for the Year Ended 30 April 2023






KCA London Limited (Registered number: 09780038)

Contents of the Financial Statements
for the year ended 30 April 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KCA London Limited

Company Information
for the year ended 30 April 2023







Directors: N A D Smith
J C Brown





Registered office: 71-75 Shelton Street
London
WC2H 9JQ





Registered number: 09780038 (England and Wales)






KCA London Limited (Registered number: 09780038)

Balance Sheet
30 April 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 6,277 4,116

Current assets
Debtors 5 696,504 159,268
Cash at bank 140,760 245,243
837,264 404,511
Creditors
Amounts falling due within one year 6 381,248 180,266
Net current assets 456,016 224,245
Total assets less current liabilities 462,293 228,361

Creditors
Amounts falling due after more than one
year

7

36,216

47,505
Net assets 426,077 180,856

Capital and reserves
Called up share capital 267 267
Retained earnings 425,810 180,589
Shareholders' funds 426,077 180,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2023 and were signed on its behalf by:





N A D Smith - Director


KCA London Limited (Registered number: 09780038)

Notes to the Financial Statements
for the year ended 30 April 2023


1. Statutory information

KCA London 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Significant judgements and estimates
In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' judgements, estimated and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis.

Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods.

Critical judgements in applying the Company's accounting policies

The critical judgements that the directors have made in the process of applying the Company's accounting policies that have the most significant effect on the amounts recognised in the statutory financial statements are discussed below:

(i) Assessing indicators and impairment
In assessing whether there have been any indicators or impairment of assets, the directors have considered both external and internal sources of information such as market conditions, counterparty credit ratings and experience or recoverability. There have been no indicators or impairments identified during the current financial year.

Key sources of estimation uncertainty
The key assumptions concerning the future, and other key sources of estimation uncertainty that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.

(i) Recoverability of receivables
The Company establishes a provision for receivables that are estimated not to be recoverable. When assessing recoverability the directors consider factors such as the ageing of the receivables, past experience and recoverability, and the credit profile of individual or groups of customers.

KCA London Limited (Registered number: 09780038)

Notes to the Financial Statements - continued
for the year ended 30 April 2023


2. Accounting policies - continued

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

Rendering of services

Revenue from a contract to provide services is recognised in the period which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied;

(a) the amount of revenue can be measured reliably;
(b) it is probable that the Company will receive the consideration due under the contract;
(c) the stage of completion of the contract at the end of the reporting period can be measured reliably; and
(d) the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
Financial assets and liabilities are recognised when the Company becomes party to the contractual provisions of the financial instrument. The Company holds both basis financial instruments which comprise cash and cash equivalents, trade and other receivables, equity investments, trade and other payables. The company has chosen to apply the provisions of Section 11 Basic Financial Instruments.

Financial assets and liabilities classified as basic financial instruments

(i) Cash and cash equivalents include cash in hand, deposits held with banks, and other short-term highly liquid investments with original maturities of three months or less.

(ii) Trade and other receivables
Trade and other receivables are initially recognised at the transaction price, including any transaction costs, and subsequently measured at amortised cost including the effective interest method, less any provision for impairment. Amounts that are receivable within one year are measured at the undiscounted amount of the cash expected to be received, net of any impairment.

At the end of each reporting period, the Company assesses whether there is objective evidence that an receivable amount may be impaired. A provision for impairment is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

The amount of the provision is the difference between the asset's carrying amount and the present value of the estimated future cash flows, discounted at the effective interest rate. The amount of the provision is recognised immediately in profit or loss.

(iii) Trade and other payables and loans and borrowings
Trade and other payables and loans and borrowings are initially measured at the transaction price, including any transaction costs, and subsequently measured at unamortised cost using the effective interest method.

Equity
Equity instruments are classified in accordance with the substance of contractual agreement. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Equity instruments issued by the Company are recorded at the fair value of the cash or other resources received or receivable, net of direct costs of issuing the equity instruments.

KCA London Limited (Registered number: 09780038)

Notes to the Financial Statements - continued
for the year ended 30 April 2023


2. Accounting policies - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2022 - 9 ) .

4. Tangible fixed assets
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£ £ £ £
Cost
At 1 May 2022 9,000 14,796 7,945 31,741
Additions - - 3,607 3,607
At 30 April 2023 9,000 14,796 11,552 35,348
Depreciation
At 1 May 2022 8,870 13,383 5,372 27,625
Charge for year 32 353 1,061 1,446
At 30 April 2023 8,902 13,736 6,433 29,071
Net book value
At 30 April 2023 98 1,060 5,119 6,277
At 30 April 2022 130 1,413 2,573 4,116

5. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 669,802 124,354
Other debtors 26,702 34,914
696,504 159,268

6. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts (see note 8) 6,210 -
Trade creditors 49,146 5,827
Taxation and social security 97,443 15,017
Other creditors 228,449 159,422
381,248 180,266

KCA London Limited (Registered number: 09780038)

Notes to the Financial Statements - continued
for the year ended 30 April 2023


7. Creditors: amounts falling due after more than one year
2023 2022
£ £
Other creditors 36,216 47,505

8. Loans

An analysis of the maturity of loans is given below:

2023 2022
£ £
Amounts falling due within one year or on demand:
Bank loans 6,210 -

Amounts falling due between two and five years:
Other loans - 2-5 years 36,216 47,505

9. Related party disclosures

At the year end, the company owed £53,400 (2022: £36,533) to the director N Smith.

The company owes the sum of £144,780 (2022: £118,230) to other shareholders as at the end of the year.