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REGISTERED NUMBER: 09104965 (England and Wales)















REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

KK SECURITY & FM LTD

KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 June 2023




Page

Company Information 1

Report of the Director 2

Report of the Independent Auditors 3

Income Statement 6

Other Comprehensive Income 7

Balance Sheet 8

Statement of Changes in Equity 9

Cash Flow Statement 10

Notes to the Cash Flow Statement 11

Notes to the Financial Statements 12


KK SECURITY & FM LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 June 2023







DIRECTOR: I Ali





REGISTERED OFFICE: 2a Heigham Road
Imperial Offices
London
E6 2JG





REGISTERED NUMBER: 09104965 (England and Wales)





AUDITORS: Sigma Accountants Limited
Chartered Certified Accountants
& Statutory Auditors
Kelvin House
Kelvin Way
Crawley
West Sussex
RH10 9WE

KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 30 June 2023

The director presents his report with the financial statements of the company for the year ended 30 June 2023.

DIVIDENDS
An interim dividend of £45,000 per share was paid on 31 March 2023. The director recommends that no final dividend be paid.

The total distribution of dividends for the year ended 30 June 2023 will be £ 45,000 .

DIRECTORS
The directors who have held office during the period from 1 July 2022 to the date of this report are as follows:

I Ali - appointed 19 April 2023
K Khurshid - resigned 19 April 2023

STATEMENT OF DIRECTOR'S RESPONSIBILITIES
The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, Sigma Accountants Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





I Ali - Director


28 March 2024

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
KK SECURITY & FM LTD

Opinion
We have audited the financial statements of KK Security & FM Ltd (the 'company') for the year ended 30 June 2023 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 30 June 2023 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information
The director is responsible for the other information. The other information comprises the information in the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Director has been prepared in accordance with applicable legal requirements.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
KK SECURITY & FM LTD


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of director's remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of director
As explained more fully in the Statement of Director's Responsibilities set out on page two, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

- Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements;
- Enquiring of management, the Audit & Risk Committee in-house and external legal counsel concerning actual and potential litigation and claims;
- Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;
- Reading minutes of meetings of those charged with governance;
- Obtained an understanding of provisions and held discussions with management to understand the basis of recognition or non-recognition of tax provisions; and
- In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and
evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
KK SECURITY & FM LTD


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




M I Ashraf FCCA (Senior Statutory Auditor)
for and on behalf of Sigma Accountants Limited
Chartered Certified Accountants
& Statutory Auditors
Kelvin House
Kelvin Way
Crawley
West Sussex
RH10 9WE

28 March 2024

KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)

INCOME STATEMENT
FOR THE YEAR ENDED 30 June 2023

30.6.23 30.6.22
Notes £    £   

TURNOVER 18,754,082 31,709,973

Cost of sales 14,897,874 22,133,742
GROSS PROFIT 3,856,208 9,576,231

Administrative expenses 3,154,589 8,699,276
OPERATING PROFIT 4 701,619 876,955


Interest payable and similar expenses 5 7,417 -
PROFIT BEFORE TAXATION 694,202 876,955

Tax on profit 6 168,608 183,017
PROFIT FOR THE FINANCIAL YEAR 525,594 693,938

KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)

OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 June 2023

30.6.23 30.6.22
Notes £    £   

PROFIT FOR THE YEAR 525,594 693,938


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

525,594

693,938

KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)

BALANCE SHEET
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 82,709 258,873

CURRENT ASSETS
Debtors 9 3,838,851 117,918
Cash at bank 1,543,961 1,727,079
5,382,812 1,844,997
CREDITORS
Amounts falling due within one year 10 4,148,050 1,260,632
NET CURRENT ASSETS 1,234,762 584,365
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,317,471

843,238

CREDITORS
Amounts falling due after more than one year 11 35,282 41,643
NET ASSETS 1,282,189 801,595

CAPITAL AND RESERVES
Called up share capital 13 1 1
Retained earnings 14 1,282,188 801,594
SHAREHOLDERS' FUNDS 1,282,189 801,595

The financial statements were approved by the director and authorised for issue on 28 March 2024 and were signed by:





I Ali - Director


KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 June 2023

Called up
share Retained Total
capital earnings equity
£    £    £   

Balance at 1 July 2021 1 307,656 307,657

Changes in equity
Dividends - (200,000 ) (200,000 )
Total comprehensive income - 693,938 693,938
Balance at 30 June 2022 1 801,594 801,595

Changes in equity
Dividends - (45,000 ) (45,000 )
Total comprehensive income - 525,594 525,594
Balance at 30 June 2023 1 1,282,188 1,282,189

KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)

CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 June 2023

30.6.23 30.6.22
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 (57,135 ) 238,776
Interest paid (7,417 ) -
Tax paid (143,801 ) (58,078 )
Net cash from operating activities (208,353 ) 180,698

Cash flows from investing activities
Purchase of tangible fixed assets (77,917 ) (126,142 )
Sale of tangible fixed assets 150,385 -
Net cash from investing activities 72,468 (126,142 )

Cash flows from financing activities
Loan repayments in year (6,361 ) (8,357 )
Amount introduced by directors 4,128 -
Amount withdrawn by directors - (3,739 )
Equity dividends paid (45,000 ) (200,000 )
Net cash from financing activities (47,233 ) (212,096 )

Decrease in cash and cash equivalents (183,118 ) (157,540 )
Cash and cash equivalents at beginning of
year

2

1,727,079

1,884,619

Cash and cash equivalents at end of year 2 1,543,961 1,727,079

KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)

NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 June 2023

1. RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM
OPERATIONS
30.6.23 30.6.22
£    £   
Profit before taxation 694,202 876,955
Depreciation charges 27,569 86,291
Loss on disposal of fixed assets 76,127 -
Finance costs 7,417 -
805,315 963,246
(Increase)/decrease in trade and other debtors (3,725,061 ) 339,426
Increase/(decrease) in trade and other creditors 2,862,611 (1,063,896 )
Cash generated from operations (57,135 ) 238,776

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 30 June 2023
30.6.23 1.7.22
£    £   
Cash and cash equivalents 1,543,961 1,727,079
Year ended 30 June 2022
30.6.22 1.7.21
£    £   
Cash and cash equivalents 1,727,079 1,884,619


3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.7.22 Cash flow At 30.6.23
£    £    £   
Net cash
Cash at bank 1,727,079 (183,118 ) 1,543,961
1,727,079 (183,118 ) 1,543,961
Debt
Debts falling due after 1 year (41,643 ) 6,361 (35,282 )
(41,643 ) 6,361 (35,282 )
Total 1,685,436 (176,757 ) 1,508,679

KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 June 2023

1. STATUTORY INFORMATION

KK Security & FM 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.

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" 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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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.

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.

KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)

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

3. EMPLOYEES AND DIRECTORS
30.6.23 30.6.22
£    £   
Wages and salaries 2,431,969 7,794,501
Social security costs 132,927 423,160
Other pension costs 25 -
2,564,921 8,217,661

The average number of employees during the year was as follows:
30.6.23 30.6.22

Director 1 1
Security operatives 212 460
213 461

30.6.23 30.6.22
£    £   
Directors' remuneration 29,300 36,000

4. OPERATING PROFIT

The operating profit is stated after charging:

30.6.23 30.6.22
£    £   
Other operating leases 52,323 56,791
Depreciation - owned assets 27,569 86,291
Loss on disposal of fixed assets 76,127 -

5. INTEREST PAYABLE AND SIMILAR EXPENSES
30.6.23 30.6.22
£    £   
Other interest payable 7,417 -

6. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
30.6.23 30.6.22
£    £   
Current tax:
UK corporation tax 168,608 183,017
Tax on profit 168,608 183,017

KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)

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

7. DIVIDENDS
30.6.23 30.6.22
£    £   
Ordinary share of £1
Interim 45,000 200,000

8. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2022 10,387 388,150 54,659 453,196
Additions - 77,917 - 77,917
Disposals - (388,150 ) - (388,150 )
At 30 June 2023 10,387 77,917 54,659 142,963
DEPRECIATION
At 1 July 2022 5,146 161,638 27,539 194,323
Charge for year 1,310 19,479 6,780 27,569
Eliminated on disposal - (161,638 ) - (161,638 )
At 30 June 2023 6,456 19,479 34,319 60,254
NET BOOK VALUE
At 30 June 2023 3,931 58,438 20,340 82,709
At 30 June 2022 5,241 226,512 27,120 258,873

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 3,584,349 -
Other debtors 66,401 5,698
Directors' current accounts - 4,128
Prepayments and accrued income 188,101 108,092
3,838,851 117,918

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 1,858,591 229,034
Tax 259,490 234,683
Social security and other taxes 19,715 45,919
VAT 375,504 434,449
Other creditors - 1
Wages control account 162,314 316,546
Accruals and deferred income 1,472,436 -
4,148,050 1,260,632

KK SECURITY & FM LTD (REGISTERED NUMBER: 09104965)

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

11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans (see note 12) 35,282 41,643

12. LOANS

An analysis of the maturity of loans is given below:

30.6.23 30.6.22
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 35,282 41,643

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
1 Ordinary £1 1 1

14. RESERVES
Retained
earnings
£   

At 1 July 2022 801,594
Profit for the year 525,594
Dividends (45,000 )
At 30 June 2023 1,282,188