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REGISTERED NUMBER: 03801296 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2023

FOR

K D CONSTRUCTION (WREXHAM) LTD

K D CONSTRUCTION (WREXHAM) LTD (REGISTERED NUMBER: 03801296)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K D CONSTRUCTION (WREXHAM) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2023







DIRECTOR: K Davies



SECRETARY: M A Davies



REGISTERED OFFICE: 25 Grosvenor Road
Wrexham
LL11 1BT



REGISTERED NUMBER: 03801296 (England and Wales)



ACCOUNTANTS: M. D. Coxey and Co. Limited
Chartered Accountants
25, Grosvenor Road
Wrexham
LL11 1BT



BANKERS: Lloyds Bank plc
28, Regent Street
Wrexham
LL11 1SE

K D CONSTRUCTION (WREXHAM) LTD (REGISTERED NUMBER: 03801296)

BALANCE SHEET
30TH APRIL 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,488 25,036
Investments 5 7,453 7,453
30,941 32,489

CURRENT ASSETS
Stocks 6 797,668 797,668
Debtors 7 22,536 270
Cash at bank 15,885 13,857
836,089 811,795
CREDITORS
Amounts falling due within one year 8 460,522 395,569
NET CURRENT ASSETS 375,567 416,226
TOTAL ASSETS LESS CURRENT
LIABILITIES

406,508

448,715

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 405,508 447,715
SHAREHOLDERS' FUNDS 406,508 448,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 D CONSTRUCTION (WREXHAM) LTD (REGISTERED NUMBER: 03801296)

BALANCE SHEET - continued
30TH APRIL 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20th December 2023 and were signed by:





K Davies - Director


K D CONSTRUCTION (WREXHAM) LTD (REGISTERED NUMBER: 03801296)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023

1. STATUTORY INFORMATION

K D Construction (Wrexham) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Improvements to property - 2% on cost
Plant and machinery - 20% computers, 10% other - on cost
Motor vehicles - 20% on cost

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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Investments
Fixed asset investments are included in the company's balance sheet at cost less any amounts written off for impairment in value.

K D CONSTRUCTION (WREXHAM) LTD (REGISTERED NUMBER: 03801296)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1st May 2022 21,546 26,115 14,550 - 62,211
Additions - - - 448 448
At 30th April 2023 21,546 26,115 14,550 448 62,659
DEPRECIATION
At 1st May 2022 1,724 20,901 14,550 - 37,175
Charge for year 431 1,490 - 75 1,996
At 30th April 2023 2,155 22,391 14,550 75 39,171
NET BOOK VALUE
At 30th April 2023 19,391 3,724 - 373 23,488
At 30th April 2022 19,822 5,214 - - 25,036

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st May 2022
and 30th April 2023 7,453
NET BOOK VALUE
At 30th April 2023 7,453
At 30th April 2022 7,453

6. STOCKS
30.4.23 30.4.22
£    £   
Stock 797,668 797,668

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 22,238 -
Prepayments 298 270
22,536 270

K D CONSTRUCTION (WREXHAM) LTD (REGISTERED NUMBER: 03801296)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Tax 1,578 -
Social security and other taxes 192 191
VAT 150 133
Directors' current accounts 438,872 394,070
Deferred income 18,532 -
Accrued expenses 1,198 1,175
460,522 395,569

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. CAPITAL COMMITMENTS
30.4.23 30.4.22
£    £   
Contracted but not provided for in the
financial statements - -

11. ULTIMATE CONTROLLING PARTY

The controlling party is K Davies.