IRIS Accounts Production v23.3.1.45 04863599 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh048635992022-03-31048635992023-03-31048635992022-04-012023-03-31048635992021-03-31048635992021-04-012022-03-31048635992022-03-3104863599ns14:PoundSterlingns10:Original2022-04-012023-03-3104863599ns10:Originalns10:Director12022-04-012023-03-3104863599ns10:Original2022-04-012023-03-3104863599ns10:Originalns10:Director22022-04-012023-03-3104863599ns10:Original2023-03-3104863599ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3104863599ns10:Originalns10:SmallEntities2022-04-012023-03-3104863599ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3104863599ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3104863599ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3104863599ns10:Originalns10:FullAccounts2022-04-012023-03-3104863599ns10:CompanySecretary1ns10:Original2022-04-012023-03-3104863599ns10:Originalns10:RegisteredOffice2022-04-012023-03-3104863599ns10:Original2022-03-3104863599ns10:Originalns5:CurrentFinancialInstruments2023-03-3104863599ns10:Originalns5:CurrentFinancialInstruments2022-03-3104863599ns5:ShareCapitalns10:Original2023-03-3104863599ns5:ShareCapitalns10:Original2022-03-3104863599ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3104863599ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3104863599ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-04-012023-03-3104863599ns10:Originalns5:PlantMachinery2022-04-012023-03-3104863599ns10:Originalns5:MotorVehicles2022-04-012023-03-3104863599ns10:Originalns5:ComputerEquipment2022-04-012023-03-3104863599ns10:Original2021-04-012022-03-3104863599ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-03-3104863599ns10:Originalns5:PlantMachinery2022-03-3104863599ns10:Originalns5:MotorVehicles2022-03-3104863599ns10:Originalns5:ComputerEquipment2022-03-3104863599ns10:Original2022-03-3104863599ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2023-03-3104863599ns10:Originalns5:PlantMachinery2023-03-3104863599ns10:Originalns5:MotorVehicles2023-03-3104863599ns10:Originalns5:ComputerEquipment2023-03-3104863599ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-03-3104863599ns10:Originalns5:PlantMachinery2022-03-3104863599ns10:Originalns5:MotorVehicles2022-03-3104863599ns10:Originalns5:ComputerEquipment2022-03-3104863599ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104863599ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 04863599















Unaudited Financial Statements for the Year Ended 31 March 2023

for

KMW Building Limited

KMW Building Limited (Registered number: 04863599)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KMW Building Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs V A Muggleton
G M Muggleton





SECRETARY: Mrs V A Muggleton





REGISTERED OFFICE: The Cottage
Keynsham Manor West
Manor Road, Saltford
Bristol
Somerset
BS31 3AF





REGISTERED NUMBER: 04863599





ACCOUNTANTS: Nigelmarks Ltd
North Lodge
South Horrington
Wells
Somerset
BA5 3DZ

KMW Building Limited (Registered number: 04863599)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 79,769 84,360

CURRENT ASSETS
Stocks 164,318 488,786
Debtors 5 127,574 84,810
Cash at bank 1,553,362 1,596,909
1,845,254 2,170,505
CREDITORS
Amounts falling due within one year 6 788,219 1,148,229
NET CURRENT ASSETS 1,057,035 1,022,276
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,136,804

1,106,636

PROVISIONS FOR LIABILITIES 8,373 6,984
NET ASSETS 1,128,431 1,099,652

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,127,431 1,098,652
SHAREHOLDERS' FUNDS 1,128,431 1,099,652

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

KMW Building Limited (Registered number: 04863599)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 22 December 2023 and were signed on its behalf by:




G M Muggleton - Director



Mrs V A Muggleton - Director


KMW Building Limited (Registered number: 04863599)

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

1. STATUTORY INFORMATION

KMW Building Limited is a private company, limited by shares , registered in Not specified/Other. 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.
Short leasehold - 10% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


KMW Building Limited (Registered number: 04863599)

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

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Short Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 119,000 42,558 52,645 3,927 218,130
Additions - - 16,899 2,305 19,204
At 31 March 2023 119,000 42,558 69,544 6,232 237,334
DEPRECIATION
At 1 April 2022 71,400 18,471 41,439 2,460 133,770
Charge for year 11,900 3,613 7,026 1,256 23,795
At 31 March 2023 83,300 22,084 48,465 3,716 157,565
NET BOOK VALUE
At 31 March 2023 35,700 20,474 21,079 2,516 79,769
At 31 March 2022 47,600 24,087 11,206 1,467 84,360

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 120,991 72,871
Other debtors 6,583 11,939
127,574 84,810

KMW Building Limited (Registered number: 04863599)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 460,758 592,817
Taxation and social security 250,392 347,866
Other creditors 77,069 207,546
788,219 1,148,229