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REGISTERED NUMBER: 09306028 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2022

for

K & M Herd Limited

K & M Herd Limited (Registered number: 09306028)






Contents of the Financial Statements
for the Year Ended 30 November 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K & M Herd Limited

Company Information
for the Year Ended 30 November 2022







DIRECTORS: K Herd
Mrs M Herd





REGISTERED OFFICE: Corner House
Crawley Ridge
Camberley
Surrey
GU15 2AD





REGISTERED NUMBER: 09306028 (England and Wales)





ACCOUNTANTS: Turner & Co
Chartered Accountants
10a White Hart Parade
London Road
Blackwater
Camberley
Surrey
GU17 9AD

K & M Herd Limited (Registered number: 09306028)

Balance Sheet
30 November 2022

30.11.22 30.11.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,991 2,206

CURRENT ASSETS
Debtors 5 - 2,194
Cash at bank 190,360 133,178
190,360 135,372
CREDITORS
Amounts falling due within one year 6 97,370 62,424
NET CURRENT ASSETS 92,990 72,948
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,981

75,154

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 120,881 75,054
SHAREHOLDERS' FUNDS 120,981 75,154

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 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.

K & M Herd Limited (Registered number: 09306028)

Balance Sheet - continued
30 November 2022


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 21 October 2023 and were signed on its behalf by:





K Herd - Director


K & M Herd Limited (Registered number: 09306028)

Notes to the Financial Statements
for the Year Ended 30 November 2022

1. STATUTORY INFORMATION

K & M Herd 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.

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 each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

K & M Herd Limited (Registered number: 09306028)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2022

2. ACCOUNTING POLICIES - continued

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 2 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2021 23,431
Additions 35,842
At 30 November 2022 59,273
DEPRECIATION
At 1 December 2021 21,225
Charge for year 10,057
At 30 November 2022 31,282
NET BOOK VALUE
At 30 November 2022 27,991
At 30 November 2021 2,206

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.11.22 30.11.21
£    £   
Trade debtors - 1,685
Other debtors - 509
- 2,194

K & M Herd Limited (Registered number: 09306028)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.11.22 30.11.21
£    £   
Taxation and social security 14,954 6,124
Other creditors 82,416 56,300
97,370 62,424

7. ULTIMATE CONTROLLING PARTY

The controlling party is K Herd.

The ultimate controlling party is K Herd.