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Company Registration No. 05239385 (England and Wales)
K & B Ceilings Limited Unaudited accounts for the year ended 31 March 2023
K & B Ceilings Limited Unaudited accounts Contents
Page
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K & B Ceilings Limited Company Information for the year ended 31 March 2023
Directors
Ms Patricia Smith Mr Robert Moore Mr Kenneth Noble
Secretary
Mr Robert Moore
Company Number
05239385 (England and Wales)
Registered Office
41 Oldfields Road SUTTON Surrey SM1 2NB United Kingdom
Accountants
Blythe & Co 41 Oldfields Road Sutton Surrey SM1 2NB
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K & B Ceilings Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
605,983 
759,575 
Debtors
438,771 
276,492 
Cash at bank and in hand
29,545 
44,491 
1,074,299 
1,080,558 
Creditors: amounts falling due within one year
(397,781)
(451,734)
Net current assets
676,518 
628,824 
Total assets less current liabilities
676,518 
628,824 
Creditors: amounts falling due after more than one year
(35,074)
(44,409)
Net assets
641,444 
584,415 
Capital and reserves
Called up share capital
400 
400 
Profit and loss account
641,044 
584,015 
Shareholders' funds
641,444 
584,415 
For the year ending 31 March 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 17 April 2023 and were signed on its behalf by
Ms Patricia Smith Director Company Registration No. 05239385
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K & B Ceilings Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
K & B Ceilings Limited is a private company, limited by shares, registered in England and Wales, registration number 05239385. The registered office is 41 Oldfields Road, SUTTON, Surrey, SM1 2NB, United Kingdom.
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:
Fixtures & fittings
25%
Computer equipment
25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
3,948 
Disposals
(3,948)
At 31 March 2023
- 
Depreciation
At 1 April 2022
3,948 
On disposals
(3,948)
At 31 March 2023
- 
Net book value
At 31 March 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
89,258 
33,250 
Other debtors
349,513 
243,242 
438,771 
276,492 
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K & B Ceilings Limited Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
210,725 
455,476 
Taxes and social security
33,892 
(167,396)
Other creditors
140 
32,816 
Loans from directors
145,644 
123,458 
Accruals
7,380 
7,380 
397,781 
451,734 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
35,074 
44,409 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
100 Ordinary B Non Voting Shares of £1 each
100 
100 
100 Ordinary C Non Voting Shares of £1 each
100 
100 
100 Ordinary D Non Voting Shares of £1 each
100 
100 
400 
400 
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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