1 March 2022 false No description of principal activity Taxfiler 2023.10 12490163business:PrivateLimitedCompanyLtd2022-03-012023-02-28 124901632022-02-28 124901632022-03-012023-02-28 12490163business:AuditExemptWithAccountantsReport2022-03-012023-02-28 12490163business:FilletedAccounts2022-03-012023-02-28 124901632023-02-28 12490163business:Director12022-03-012023-02-28 12490163business:Director22022-03-012023-02-28 12490163business:RegisteredOffice2022-03-012023-02-28 124901632022-02-28 12490163core:WithinOneYear2023-02-28 12490163core:WithinOneYear2022-02-28 12490163core:AfterOneYear2023-02-28 12490163core:AfterOneYear2022-02-28 12490163core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 12490163core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 12490163core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 12490163core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 12490163core:PreviouslyStatedAmount2023-02-28 12490163core:PreviouslyStatedAmount2022-02-28 12490163business:SmallEntities2022-03-012023-02-28 12490163countries:EnglandWales2022-03-012023-02-28 12490163core:PlantMachinery2022-03-012023-02-28 12490163core:MotorVehicles2022-03-012023-02-28 12490163core:ComputerEquipment2022-03-012023-02-28 12490163core:PlantMachinery2022-02-28 12490163core:MotorVehicles2022-02-28 12490163core:ComputerEquipment2022-02-28 12490163core:PlantMachinery2023-02-28 12490163core:MotorVehicles2023-02-28 12490163core:ComputerEquipment2023-02-28 124901632021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 12490163 (England and Wales)
KT ELECTRICAL SERVICES LTD Unaudited accounts for the year ended 28 February 2023
KT ELECTRICAL SERVICES LTD Unaudited accounts Contents
Page
- 2 -
KT ELECTRICAL SERVICES LTD Company Information for the year ended 28 February 2023
Directors
Mr P Mahmoodshahi Mr K Taylor
Company Number
12490163 (England and Wales)
Registered Office
6 PARK DRIVE CROSBY LIVERPOOL L23 6TW ENGLAND
Accountants
Harrison Williams Accountancy 6 Sandhurst Drive Liverpool L10 6LX
- 3 -
KT ELECTRICAL SERVICES LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,972 
5,718 
Current assets
Debtors
35,992 
26,627 
Cash at bank and in hand
29,432 
23,332 
65,424 
49,959 
Creditors: amounts falling due within one year
(41,221)
(20,269)
Net current assets
24,203 
29,690 
Total assets less current liabilities
30,175 
35,408 
Creditors: amounts falling due after more than one year
(30,115)
(38,988)
Net assets/(liabilities)
60 
(3,580)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
58 
(3,582)
Shareholders' funds
60 
(3,580)
For the year ending 28 February 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by
Mr K Taylor Director Company Registration No. 12490163
- 4 -
KT ELECTRICAL SERVICES LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
KT ELECTRICAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 12490163. The registered office is 6 PARK DRIVE, CROSBY, LIVERPOOL, L23 6TW, 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.
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
2,224 
4,424 
2,243 
8,891 
Additions
- 
- 
1,600 
1,600 
At 28 February 2023
2,224 
4,424 
3,843 
10,491 
Depreciation
At 1 March 2022
616 
1,935 
622 
3,173 
Charge for the year
241 
622 
483 
1,346 
At 28 February 2023
857 
2,557 
1,105 
4,519 
Net book value
At 28 February 2023
1,367 
1,867 
2,738 
5,972 
At 28 February 2022
1,608 
2,489 
1,621 
5,718 
- 5 -
KT ELECTRICAL SERVICES LTD Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
6,840 
(368)
Trade debtors
12,359 
26,336 
Other debtors
16,793 
659 
35,992 
26,627 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,800 
4,800 
Trade creditors
2,978 
21 
Taxes and social security
16,044 
10,368 
Loans from directors
14,399 
452 
Accruals
3,000 
4,628 
41,221 
20,269 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
30,115 
38,988 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -