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REGISTERED NUMBER: 05712921 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 February 2023

for

KDS Doors Limited

KDS Doors Limited (Registered number: 05712921)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KDS Doors Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: D Roberts





SECRETARY: M W R Emmerson





REGISTERED OFFICE: Arch 12
Broadheath
Altrincham
Cheshire
WA14 5DX





REGISTERED NUMBER: 05712921 (England and Wales)





ACCOUNTANTS: Emmerson Accountancy Ltd
Atlantic Business Centre
Atlantic Street
Altrincham
Cheshire
WA14 5NQ

KDS Doors Limited (Registered number: 05712921)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 682 881

CURRENT ASSETS
Stocks 4,242 7,784
Debtors 5 12,810 11,328
Cash at bank 59,587 65,939
76,639 85,051
CREDITORS
Amounts falling due within one year 6 22,422 34,705
NET CURRENT ASSETS 54,217 50,346
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,899

51,227

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 54,898 51,226
SHAREHOLDERS' FUNDS 54,899 51,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 July 2023 and were signed by:





D Roberts - Director


KDS Doors Limited (Registered number: 05712921)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

KDS Doors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

KDS Doors Limited (Registered number: 05712921)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022
and 28 February 2023 615 8,150 354 9,119
DEPRECIATION
At 1 March 2022 399 7,491 348 8,238
Charge for year 33 164 2 199
At 28 February 2023 432 7,655 350 8,437
NET BOOK VALUE
At 28 February 2023 183 495 4 682
At 28 February 2022 216 659 6 881

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 12,810 11,108
Prepayments - 220
12,810 11,328

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 855 1,279
Tax 1,378 5,026
Social security and other taxes (173 ) (1,798 )
VAT 441 5,870
Directors' current accounts 18,686 23,093
Accrued expenses 1,235 1,235
22,422 34,705

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
1 Ordinary £1 1 1

KDS Doors Limited (Registered number: 05712921)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. RESERVES
Retained
earnings
£   

At 1 March 2022 51,226
Profit for the year 5,672
Dividends (2,000 )
At 28 February 2023 54,898