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REGISTERED NUMBER: 09267137 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

K H Piping & Welding Solutions Limited

K H Piping & Welding Solutions Limited (Registered number: 09267137)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K H Piping & Welding Solutions Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: K Harris





SECRETARY:





REGISTERED OFFICE: 1 North Street
Wigston
Leicester
LE18 1PS





REGISTERED NUMBER: 09267137 (England and Wales)





ACCOUNTANTS: SJS Accountancy Services
1 North Street
Wigston
Leicester
LE18 1PS

K H Piping & Welding Solutions Limited (Registered number: 09267137)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,485 2,922

CURRENT ASSETS
Debtors 5 29,596 29,596

CREDITORS
Amounts falling due within one year 6 20,325 20,325
NET CURRENT ASSETS 9,271 9,271
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,756

12,193

CREDITORS
Amounts falling due after more than one
year

7

13,000

13,000
NET LIABILITIES (1,244 ) (807 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (1,245 ) (808 )
SHAREHOLDERS' FUNDS (1,244 ) (807 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

K H Piping & Welding Solutions Limited (Registered number: 09267137)

Balance Sheet - continued
31 October 2023


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 26 January 2024 and were signed by:





K Harris - Director


K H Piping & Welding Solutions Limited (Registered number: 09267137)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

K H Piping & Welding Solutions 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.

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 etc - 33% on cost and 15% on reducing balance

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 NIL (2022 - NIL).

K H Piping & Welding Solutions Limited (Registered number: 09267137)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 6,709
DEPRECIATION
At 1 November 2022 3,787
Charge for year 437
At 31 October 2023 4,224
NET BOOK VALUE
At 31 October 2023 2,485
At 31 October 2022 2,922

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 29,596 29,596

Other debtors amounting to £29,596 (2022 - £29,596) is represented by prepayments of £335 (2022 - £335) a PAYE/CIS refund of £2,604 (2022 - £2,604), an overdrawn director's current account balance of £20,119 (2022 - £20,119) and a S455 Tax provision of £6,538 (2022 - £6,538).

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 4,575 4,575
Taxation and social security 15,450 15,450
Other creditors 300 300
20,325 20,325

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 13,000 13,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,000 7,000