1 January 2022 false No description of principal activity Taxfiler 2023.9.1 11119561business:PrivateLimitedCompanyLtd2022-01-012022-12-31 111195612021-12-31 111195612022-01-012022-12-31 11119561business:AuditExempt-NoAccountantsReport2022-01-012022-12-31 11119561business:FilletedAccounts2022-01-012022-12-31 111195612022-12-31 11119561business:Director12022-01-012022-12-31 11119561business:RegisteredOffice2022-01-012022-12-31 111195612021-12-31 11119561core:WithinOneYear2022-12-31 11119561core:WithinOneYear2021-12-31 11119561core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11119561core:ShareCapitalcore:PreviouslyStatedAmount2021-12-31 11119561core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11119561core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-31 11119561core:PreviouslyStatedAmount2022-12-31 11119561core:PreviouslyStatedAmount2021-12-31 11119561business:SmallEntities2022-01-012022-12-31 11119561countries:EnglandWales2022-01-012022-12-31 11119561core:LandBuildings2021-12-31 11119561core:PlantMachinery2021-12-31 11119561core:MotorVehicles2021-12-31 11119561core:FurnitureFittings2021-12-31 11119561core:ComputerEquipment2021-12-31 11119561core:LandBuildings2022-01-012022-12-31 11119561core:PlantMachinery2022-01-012022-12-31 11119561core:MotorVehicles2022-01-012022-12-31 11119561core:FurnitureFittings2022-01-012022-12-31 11119561core:ComputerEquipment2022-01-012022-12-31 11119561core:LandBuildings2022-12-31 11119561core:PlantMachinery2022-12-31 11119561core:MotorVehicles2022-12-31 11119561core:FurnitureFittings2022-12-31 11119561core:ComputerEquipment2022-12-31 111195612021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11119561 (England and Wales)
KR TRADE LTD Unaudited accounts for the year ended 31 December 2022
KR TRADE LTD Unaudited accounts Contents
Page
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KR TRADE LTD Company Information for the year ended 31 December 2022
Director
Robert Koch
Company Number
11119561 (England and Wales)
Registered Office
Ground Floor 66 High Street Chatham Kent ME4 4DS
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KR TRADE LTD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,009,802 
4,050,116 
Current assets
Inventories
1,871,676 
1,733,390 
Debtors
987,653 
797,411 
Cash at bank and in hand
2,818,567 
1,491,530 
5,677,896 
4,022,331 
Creditors: amounts falling due within one year
(437,619)
(512,937)
Net current assets
5,240,277 
3,509,394 
Net assets
9,250,079 
7,559,510 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
9,250,078 
7,559,509 
Shareholders' funds
9,250,079 
7,559,510 
For the year ending 31 December 2022 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 23 January 2023 and were signed on its behalf by
Robert Koch Director Company Registration No. 11119561
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KR TRADE LTD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
KR TRADE LTD is a private company, limited by shares, registered in England and Wales, registration number 11119561. The registered office is Ground Floor, 66 High Street, Chatham, Kent, ME4 4DS.
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:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2022
2,686,502 
1,166,564 
1,389,794 
313,805 
516,072 
6,072,737 
Additions
378,762 
288,738 
120,285 
66,353 
110,292 
964,430 
At 31 December 2022
3,065,264 
1,455,302 
1,510,079 
380,158 
626,364 
7,037,167 
Depreciation
At 1 January 2022
514,836 
407,300 
624,509 
151,938 
324,038 
2,022,621 
Charge for the year
304,104 
214,988 
301,664 
75,442 
108,546 
1,004,744 
At 31 December 2022
818,940 
622,288 
926,173 
227,380 
432,584 
3,027,365 
Net book value
At 31 December 2022
2,246,324 
833,014 
583,906 
152,778 
193,780 
4,009,802 
At 31 December 2021
2,171,666 
759,264 
765,285 
161,867 
192,034 
4,050,116 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
987,653 
797,411 
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KR TRADE LTD Notes to the Accounts for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
41,066 
157,023 
Taxes and social security
396,553 
355,914 
437,619 
512,937 
7
Average number of employees
During the year the average number of employees was 24 (2021: 24).
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