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Company Registration No. 12585791 (England and Wales)
KMI Care Ltd Unaudited accounts for the year ended 31 May 2023
KMI Care Ltd Unaudited accounts Contents
Page
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KMI Care Ltd Company Information for the year ended 31 May 2023
Director
Karen Idle
Company Number
12585791 (England and Wales)
Registered Office
135 Park Road Chorley Lancs PR7 4JY
Accountants
Addition Accounting Services Limited First Floor 53 Lord Street Leigh Lancashire WN7 1BY
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of KMI Care Ltd for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of KMI Care Ltd for the year ended 31 May 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of KMI Care Ltd, as a body, in accordance with the terms of our engagement letter dated 20 November 2023. Our work has been undertaken solely to prepare for your approval the accounts of KMI Care Ltd and state those matters that we have agreed to state to the Board of Directors of KMI Care Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KMI Care Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that KMI Care Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of KMI Care Ltd. You consider that KMI Care Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of KMI Care Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Addition Accounting Services Limited Chartered Certified Accountants First Floor 53 Lord Street Leigh Lancashire WN7 1BY 20 November 2023
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KMI Care Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,714 
9,126 
Current assets
Debtors
38,226 
- 
Cash at bank and in hand
4,556 
2,824 
42,782 
2,824 
Creditors: amounts falling due within one year
(166,703)
(212,595)
Net current liabilities
(123,921)
(209,771)
Net liabilities
(118,207)
(200,645)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(118,307)
(200,745)
Shareholders' funds
(118,207)
(200,645)
For the year ending 31 May 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 director acknowledges her 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 20 November 2023 and were signed on its behalf by
Karen Idle Director Company Registration No. 12585791
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KMI Care Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
KMI Care Ltd is a private company, limited by shares, registered in England and Wales, registration number 12585791. The registered office is 135 Park Road, Chorley, Lancs, PR7 4JY.
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% S/L
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2022
15,446 
Additions
600 
At 31 May 2023
16,046 
Depreciation
At 1 June 2022
6,320 
Charge for the year
4,012 
At 31 May 2023
10,332 
Net book value
At 31 May 2023
5,714 
At 31 May 2022
9,126 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
24,762 
- 
Other debtors
13,464 
- 
38,226 
- 
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KMI Care Ltd Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,964 
- 
Trade creditors
53,815 
33,872 
Taxes and social security
62,897 
58,230 
Other creditors
15,458 
81,455 
Loans from directors
30,129 
37,718 
Accruals
1,440 
1,320 
166,703 
212,595 
7
Average number of employees
During the year the average number of employees was 56 (2022: 61).
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