2022-08-01 10299369 2023-07-31 10299369 2022-08-01 2023-07-31 10299369 2022-07-31 10299369 2021-08-01 2022-07-31 10299369 uk-core:WithinOneYear 2022-07-31 10299369 uk-core:WithinOneYear 2023-07-31 10299369 uk-core:ShareCapital 2023-07-31 10299369 uk-core:ShareCapital 2022-07-31 10299369 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 10299369 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 10299369 uk-bus:Director1 2022-08-01 2023-07-31 10299369 uk-core:PlantMachinery 2022-08-01 2023-07-31 10299369 uk-core:ComputerEquipment 2022-08-01 2023-07-31 10299369 uk-core:ComputerEquipment 2022-07-31 10299369 uk-core:PlantMachinery 2022-07-31 10299369 uk-core:PlantMachinery 2023-07-31 10299369 uk-core:ComputerEquipment 2023-07-31 10299369 uk-core:WithinOneYear uk-core:Secured 2023-07-31 10299369 uk-core:WithinOneYear uk-core:Secured 2022-07-31 iso4217:GBP xbrli:pure 10299369 uk-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 10299369 uk-bus:FRS102 2022-08-01 2023-07-31 10299369 uk-bus:FullAccounts 2022-08-01 2023-07-31 10299369 uk-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31
KMS CORP LIMITED
Registered Number:10299369
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2023
KMS CORP LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
10299369
As at 31 July 2023
KMS CORP LIMITED
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
6,299
8,883
2
6,299
8,883
Current assets
Trade and other receivables
29,546
21,761
3
1,000
Cash and cash equivalents
8,003
29,764
30,546
Trade and other payables: amounts falling due within one
year
(33,047)
(21,434)
4
(2,501)
8,330
Net current assets
Total assets less current liabilities
14,629
6,382
14,629
Net assets
6,382
Capital and reserves
Called up share capital
100
100
Retained earnings
14,529
6,282
14,629
6,382
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
MR SLOWIKOWSKI, Krzysztof Director
These financial statements were approved and authorised for issue by the Board on 25 March 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 July 2023
KMS CORP LIMITED
Notes to the Financial Statements
Statutory Information
KMS CORP LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration
number 10299369.
Registered address:
60 Commercial Road
Stoke-On-Trent
ST1 3QR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25 % Straight line
33 % Straight line
Computer Equipment
2. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 August 2022
10,660
660
10,000
At 31 July 2023
10,000
660
10,660
Provision for depreciation and impairment
At 01 August 2022
1,777
527
1,250
Charge for year
2,584
84
2,500
At 31 July 2023
4,361
611
3,750
At 31 July 2023
Net book value
6,250
49
6,299
At 31 July 2022
8,750
133
8,883
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5
For the year ended 31 July 2023
KMS CORP LIMITED
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
1,420
2,144
Other debtors
20,341
27,402
29,546
21,761
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
12
12,362
Trade creditors
102
-
Taxation and social security
21,320
20,685
21,434
33,047
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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