Company Registration No. 10913362 (England and Wales)
KD CABLING LIMITED
Unaudited accounts
for the year ended 31 August 2022
KD CABLING LIMITED
Unaudited accounts
Contents
KD CABLING LIMITED
Company Information
for the year ended 31 August 2022
Company Number
10913362 (England and Wales)
Registered Office
C/O SCOTT ACCOUNTANCY SERVICES (NORTH EA
119 LANCHESTER AVENUE
GATESHEAD
TYNE & WEAR
NE9 7AN
ENGLAND
Accountants
Scott Accountancy Services
119 Lanchester Avenue
Gateshead
Tyne & Wear
NE9 7AN
KD CABLING LIMITED
Statement of financial position
as at 31 August 2022
Tangible assets
3,937
4,986
Cash at bank and in hand
4,451
512
Creditors: amounts falling due within one year
(6,142)
-
Net current assets
3,044
512
Total assets less current liabilities
6,981
5,498
Creditors: amounts falling due after more than one year
-
(1,952)
Called up share capital
1
1
Profit and loss account
6,980
3,545
Shareholders' funds
6,981
3,546
For the year ending 31 August 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 2 November 2023 and were signed on its behalf by
Kurt Drummond
Director
Company Registration No. 10913362
KD CABLING LIMITED
Notes to the Accounts
for the year ended 31 August 2022
KD CABLING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10913362. The registered office is C/O SCOTT ACCOUNTANCY SERVICES (NORTH EA, 119 LANCHESTER AVENUE, GATESHEAD, TYNE & WEAR, NE9 7AN, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.33% Straight Line
The director draws attention to the impact of covid19 restrictions and legislation had on business. The director believes that while these had a negative effect on the business, the business showed strength during the period and significant growth exceeding pre-pandemic levels.
An investment program was started during the period with the intention of building a significant ability to tender for contracts previously beyond capacity. With this in mind office and storage space was acquired to present a more professional customer facing impression and to allow the company to build on its capability by having a more comprehensive range of equipment.
The director is confident that as the economy adjusts to both the pandemic and effects of brexit that there is optimism and confidence that the company will expand.
KD CABLING LIMITED
Notes to the Accounts
for the year ended 31 August 2022
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2021
3,199
2,847
1,997
8,043
At 31 August 2022
3,199
2,847
1,997
8,043
At 1 September 2021
1,028
897
1,132
3,057
Charge for the year
325
292
432
1,049
At 31 August 2022
1,353
1,189
1,564
4,106
At 31 August 2022
1,846
1,658
433
3,937
At 31 August 2021
2,171
1,950
865
4,986
Amounts falling due within one year
Accrued income and prepayments
4,735
-
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
5,392
-
7
Creditors: amounts falling due after more than one year
2022
2021
Taxes and social security
-
1,952
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).