Company Registration No. 11619097 (England and Wales)
KT & AS Construction Ltd
Unaudited accounts
for the year ended 31 March 2024
KT & AS Construction Ltd
Unaudited accounts
Contents
KT & AS Construction Ltd
Company Information
for the year ended 31 March 2024
Company Number
11619097 (England and Wales)
Registered Office
9 Milton Close
Huntingdon
PE29 7WJ
United Kingdom
Accountants
PHA Accountants Limited
Timsons Business Centre
Bath Road
Kettering
Northamptonshire
NN16 8NQ
KT & AS Construction Ltd
Accountants' report
Accountants' report to the director of KT & AS Construction Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
KT & AS Construction Ltd for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of KT & AS Construction Ltd , as a body, in accordance with the terms of our engagement letter dated 16 July 2020. Our work has been undertaken solely to prepare for your approval the accounts of KT & AS Construction Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KT & AS Construction Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that KT & AS Construction Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of KT & AS Construction Ltd . You consider that KT & AS Construction Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of KT & AS Construction Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
PHA Accountants Limited
Timsons Business Centre
Bath Road
Kettering
Northamptonshire
NN16 8NQ
11 April 2024
KT & AS Construction Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
387
1,672
Creditors: amounts falling due within one year
(8,002)
(4,425)
Net current assets
5,681
5,090
Total assets less current liabilities
5,681
5,090
Creditors: amounts falling due after more than one year
-
(1,366)
Called up share capital
1
1
Profit and loss account
5,680
3,723
Shareholders' funds
5,681
3,724
For the year ending 31 March 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 April 2024 and were signed on its behalf by
Karel Terkovic
Director
Company Registration No. 11619097
KT & AS Construction Ltd
Notes to the Accounts
for the year ended 31 March 2024
KT & AS Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 11619097. The registered office is 9 Milton Close, Huntingdon , PE29 7WJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Amounts falling due within one year
Accrued income and prepayments
-
750
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,260
1,560
Taxes and social security
1,684
2,352
6
Creditors: amounts falling due after more than one year
2024
2023
KT & AS Construction Ltd
Notes to the Accounts
for the year ended 31 March 2024
7
Transactions with related parties
During the year, the dividends of £9,200 (2023: £9,053) were paid to the Director.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).