Company Registration No. 08811604 (England and Wales)
Kayflex (UK) Ltd
Unaudited accounts
for the year ended 31 December 2022
Kayflex (UK) Ltd
Unaudited accounts
Contents
Kayflex (UK) Ltd
Company Information
for the year ended 31 December 2022
Company Number
08811604 (England and Wales)
Registered Office
UNIT 3 RAVENSTHORPE MILLS
HUDDERSFIELD ROAD
DEWSBURY
WEST YORKSHIRE
WF13 3NA
Accountants
AMS Accountants SBU Ltd
455 Whalley New Road
Blackburn
BB1 9SP
Kayflex (UK) Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
356,844
362,658
Inventories
687,333
511,200
Cash at bank and in hand
660,096
997,231
Creditors: amounts falling due within one year
(617,614)
(749,717)
Net current assets
1,152,044
1,288,628
Total assets less current liabilities
1,508,888
1,651,286
Creditors: amounts falling due after more than one year
(139,313)
(239,313)
Net assets
1,369,575
1,411,973
Called up share capital
200
200
Profit and loss account
1,369,375
1,411,773
Shareholders' funds
1,369,575
1,411,973
For the year ending 31 December 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
Javeed Iqbal
Director
Company Registration No. 08811604
Kayflex (UK) Ltd
Notes to the Accounts
for the year ended 31 December 2022
Kayflex (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08811604. The registered office is UNIT 3 RAVENSTHORPE MILLS, HUDDERSFIELD ROAD, DEWSBURY, WEST YORKSHIRE, WF13 3NA.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2022
666,030
264,317
930,347
At 31 December 2022
666,030
357,018
1,023,048
At 1 January 2022
359,532
208,157
567,689
Charge for the year
61,300
37,215
98,515
At 31 December 2022
420,832
245,372
666,204
At 31 December 2022
245,198
111,646
356,844
At 31 December 2021
306,498
56,160
362,658
Amounts falling due within one year
Trade debtors
422,229
529,914
Kayflex (UK) Ltd
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
424,586
520,255
Taxes and social security
82,136
174,006
Other creditors
110,892
55,456
7
Creditors: amounts falling due after more than one year
2022
2021
Loans from directors
139,313
239,313
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).