2022-04-01 07980822 2023-03-31 07980822 2022-04-01 2023-03-31 07980822 2022-03-31 07980822 2021-04-01 2022-03-31 07980822 uk-core:WithinOneYear 2022-03-31 07980822 uk-core:WithinOneYear 2023-03-31 07980822 uk-core:AfterOneYear 2022-03-31 07980822 uk-core:AfterOneYear 2023-03-31 07980822 uk-core:ShareCapital 2023-03-31 07980822 uk-core:ShareCapital 2022-03-31 07980822 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 07980822 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 07980822 uk-bus:Director1 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure 07980822 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 07980822 uk-bus:FRS102 2022-04-01 2023-03-31 07980822 uk-bus:FullAccounts 2022-04-01 2023-03-31 07980822 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Kevad Ltd
Registered Number:07980822
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Kevad Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
07980822
As at 31 March 2023
Kevad Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
-
100
-
100
Current assets
Trade and other receivables
30,751
39,844
2
47,998
Cash and cash equivalents
47,154
86,998
78,749
Trade and other payables: amounts falling due within one
year
(32,139)
(42,462)
3
46,610
44,536
Net current assets
Total assets less current liabilities
44,536
46,710
Trade and other payables: amounts falling due after more
than one year
(42,500)
(29,007)
4
(1,235)
(398)
Provisions for liabilities
14,294
Net assets
3,812
Capital and reserves
Called up share capital
100
100
Retained earnings
14,194
3,712
14,294
3,812
Shareholders' funds
For the year ended 31 March 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 March 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their 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.
Vladimir Kornilovski Director
These financial statements were approved and authorised for issue by the Board on 21 December 2023 and were signed by:
1 of 4
4
Registered Number :
07980822
For the year ended 31 March 2023
Kevad Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 31 March 2023
Kevad Ltd
Notes to the Financial Statements
Statutory Information
Kevad Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
07980822.
Registered address:
Office 22, The Joiners Shop
The Historic Dockyard
Chatham
ME4 4TZ
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Trade and other receivables
2022
2023
£
£
Trade debtors
36,123
4,233
Other debtors
3,721
26,518
30,751
39,844
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
5,029
1
Taxation and social security
37,361
17,356
Other creditors
72
14,782
42,462
32,139
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6
For the year ended 31 March 2023
Kevad Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
29,007
42,500
5. Average number of persons employed
During the year the average number of employees and directors was 7 (2022 : 11)
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