KDS Mechanical Ltd 11404525 false 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is building development Digita Accounts Production Advanced 6.30.9574.0 true 11404525 2022-07-01 2023-06-30 11404525 2023-06-30 11404525 core:RetainedEarningsAccumulatedLosses 2023-06-30 11404525 core:ShareCapital 2023-06-30 11404525 core:CurrentFinancialInstruments 2023-06-30 11404525 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 11404525 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 11404525 core:FurnitureFittingsToolsEquipment 2023-06-30 11404525 core:LandBuildings 2023-06-30 11404525 core:MotorVehicles 2023-06-30 11404525 core:OtherPropertyPlantEquipment 2023-06-30 11404525 bus:SmallEntities 2022-07-01 2023-06-30 11404525 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 11404525 bus:FullAccounts 2022-07-01 2023-06-30 11404525 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 11404525 bus:RegisteredOffice 2022-07-01 2023-06-30 11404525 bus:CompanySecretaryDirector1 2022-07-01 2023-06-30 11404525 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 11404525 core:FurnitureFittingsToolsEquipment 2022-07-01 2023-06-30 11404525 core:LandBuildings 2022-07-01 2023-06-30 11404525 core:MotorVehicles 2022-07-01 2023-06-30 11404525 core:OtherPropertyPlantEquipment 2022-07-01 2023-06-30 11404525 countries:EnglandWales 2022-07-01 2023-06-30 11404525 2022-06-30 11404525 core:FurnitureFittingsToolsEquipment 2022-06-30 11404525 core:LandBuildings 2022-06-30 11404525 core:MotorVehicles 2022-06-30 11404525 core:OtherPropertyPlantEquipment 2022-06-30 11404525 2021-07-01 2022-06-30 11404525 2022-06-30 11404525 core:RetainedEarningsAccumulatedLosses 2022-06-30 11404525 core:ShareCapital 2022-06-30 11404525 core:CurrentFinancialInstruments 2022-06-30 11404525 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 11404525 core:Non-currentFinancialInstruments core:AfterOneYear 2022-06-30 11404525 core:FurnitureFittingsToolsEquipment 2022-06-30 11404525 core:LandBuildings 2022-06-30 11404525 core:MotorVehicles 2022-06-30 11404525 core:OtherPropertyPlantEquipment 2022-06-30 iso4217:GBP xbrli:pure

Registration number: 11404525

KDS Mechanical Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2023

 

KDS Mechanical Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

KDS Mechanical Ltd

(Registration number: 11404525)
Balance Sheet as at 30 June 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

30,215

25,222

Current assets

 

Debtors

5

704

1,787

Cash at bank and in hand

 

8,466

10,883

 

9,170

12,670

Creditors: Amounts falling due within one year

6

(10,939)

(7,687)

Net current (liabilities)/assets

 

(1,769)

4,983

Total assets less current liabilities

 

28,446

30,205

Creditors: Amounts falling due after more than one year

6

(16,667)

(19,444)

Provisions for liabilities

(5,251)

(4,303)

Net assets

 

6,528

6,458

Capital and reserves

 

Called up share capital

10

10

Retained earnings

6,518

6,448

Shareholders' funds

 

6,528

6,458

 

KDS Mechanical Ltd

(Registration number: 11404525)
Balance Sheet as at 30 June 2023

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 February 2024 and signed on its behalf by:
 

.........................................
Mr L Kirkham
Company secretary and director

 

KDS Mechanical Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Drayton Beaumont Building
Merrial Street
Newcastle-Under-Lyme
Staffordshire
ST5 2AE
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants are recognised using the accrual model. Grants which relate to revenue shall be recognised
in other operating income on as systematic basis over the periods in which the company recognises the related
costs for which the grant is intended to compensate.
Any amounts outstanding at the year end will be included within other debtors.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

KDS Mechanical Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture, fittings and equipment

33.33% straight line

Plant and equipment

20% reducing balance

Motor vehicles

25% reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

KDS Mechanical Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 July 2022

2,575

4,858

26,817

1,658

35,908

Additions

-

237

14,854

438

15,529

Disposals

-

-

-

(817)

(817)

At 30 June 2023

2,575

5,095

41,671

1,279

50,620

Depreciation

At 1 July 2022

-

3,150

6,704

832

10,686

Charge for the year

-

1,274

8,742

185

10,201

Eliminated on disposal

-

-

-

(482)

(482)

At 30 June 2023

-

4,424

15,446

535

20,405

Carrying amount

At 30 June 2023

2,575

671

26,225

744

30,215

At 30 June 2022

2,575

1,708

20,113

826

25,222

 

KDS Mechanical Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

5

Debtors

Current

2023
£

2022
£

Trade debtors

-

768

Other debtors

704

1,019

 

704

1,787

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Other borrowings

2,778

2,778

Trade creditors

67

132

Taxation and social security

3,009

3,238

Other creditors

5,085

1,539

10,939

7,687

Creditors: amounts falling due after more than one year

2023
£

2022
£

Due after one year

Other borrowings

16,667

19,444