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REGISTERED NUMBER: 08686897 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

KD CONSTRUCTION (UK) LTD

KD CONSTRUCTION (UK) LTD (REGISTERED NUMBER: 08686897)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

KD CONSTRUCTION (UK) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: Mr L Kojku





REGISTERED OFFICE: 47A Oatlands Road
Enfield
Middlesex
EN3 5LL





REGISTERED NUMBER: 08686897 (England and Wales)





ACCOUNTANTS: Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ

KD CONSTRUCTION (UK) LTD (REGISTERED NUMBER: 08686897)

BALANCE SHEET
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,165 10,753

CURRENT ASSETS
Stocks 30,500 45,500
Debtors 5 27,594 28,830
Cash at bank 31,433 275
89,527 74,605
CREDITORS
Amounts falling due within one year 6 (4,117 ) (6,313 )
NET CURRENT ASSETS 93,644 80,918
TOTAL ASSETS LESS CURRENT
LIABILITIES

101,809

91,671

CREDITORS
Amounts falling due after more than one
year

7

(282,132

)

(272,126

)

PROVISIONS FOR LIABILITIES 9 (1,442 ) (1,910 )
NET LIABILITIES (181,765 ) (182,365 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (181,865 ) (182,465 )
SHAREHOLDERS' FUNDS (181,765 ) (182,365 )

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

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

The director acknowledges his 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.

KD CONSTRUCTION (UK) LTD (REGISTERED NUMBER: 08686897)

BALANCE SHEET - continued
31 JANUARY 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2023 and were signed by:





Mr L Kojku - Director


KD CONSTRUCTION (UK) LTD (REGISTERED NUMBER: 08686897)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

KD Construction (UK) Limited is a private company,limited by shares, registered in England and Wales.The company 's registered number is 08686897 and registered office address is 47A Oatland Road, Enfield, Middlesex, EN3 5LL.

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.

Turnover
Turnover represents net invoiced sale of goods and services, excluding value added tax.

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 etc - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

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.

Revenue recognition
Amounts due under contracts-not yet invoiced (work in progress) are valued at the recoverable standard value of time charged by all personnel engaged in the provision of engineering services. Revenue is recognised as the contracts progress to reflect the partial performance of the contractual obligation. The amount of revenue recognised reflects the accrual of the right for consideration as contract activity progresses by reference to the value of work performed.

Going concern
As with most businesses the Company has been affected by the ongoing impact of Covid-19, the exit from the European Union and the high level of inflation in the UK economy These have had an impact on the operations, customers, suppliers and staff. The Company is taking all the steps it can to protect the future of the business. Although the total impact is still uncertain the director believes that it is appropriate to prepare the accounts on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 9 ) .

KD CONSTRUCTION (UK) LTD (REGISTERED NUMBER: 08686897)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 18,682
DEPRECIATION
At 1 February 2022 7,929
Charge for year 2,588
At 31 January 2023 10,517
NET BOOK VALUE
At 31 January 2023 8,165
At 31 January 2022 10,753

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Amounts recoverable on contract 26,923 27,786
VAT 671 1,044
27,594 28,830

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Social security and other taxes (4,200 ) (6,352 )
Pension 83 39
(4,117 ) (6,313 )

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans more 5 yr by instal 32,540 44,676
Directors' loan accounts 249,592 227,450
282,132 272,126

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 32,540 44,676

KD CONSTRUCTION (UK) LTD (REGISTERED NUMBER: 08686897)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

8. DIRECTOR'S LOAN

Included in Creditors - amounts falling due after more than one year is a loan of £249,592 (2022-£227,450 ) due to the Director. This loan is recognised at transaction price. The director's loan is not due until after more than 1 year and is interest free.

9. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax
Accelerated capital allowances 1,442 1,910

Deferred
tax
£   
Balance at 1 February 2022 1,910
Credit to Income Statement during year (468 )
Balance at 31 January 2023 1,442

10. GOING CONCERN

The Financial Statements have been prepared on a going concern basis. The company has Net Liabilities of £181,765 (2022: £182,365).

The company lost its main customer and as a result the turnover has reduced significantly. The director has restructured the business and is confident that in the future the results will improve, strengthening the company's Balance Sheet.

The director has also provided assurances that he will continue supporting the company.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
KD CONSTRUCTION (UK) LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of KD Construction (UK) Ltd for the year ended 31 January 2023 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of KD Construction (UK) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of KD Construction (UK) Ltd and state those matters that we have agreed to state to the director of KD Construction (UK) Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KD Construction (UK) Ltd and its director for our work or for this report.

It is your duty to ensure that KD Construction (UK) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of KD Construction (UK) Ltd. You consider that KD Construction (UK) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of KD Construction (UK) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ


17 October 2023