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REGISTERED NUMBER: 04561305 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

KAMAC LIMITED

KAMAC LIMITED (REGISTERED NUMBER: 04561305)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KAMAC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Mr M Ayling





SECRETARY: Mr K J Ayling





REGISTERED OFFICE: Unit 6
Sunfields Business Park
Wokingham
Berkshire
RG40 4QT





REGISTERED NUMBER: 04561305 (England and Wales)





ACCOUNTANTS: Haines Watts
The Lightbox
87 Castle Street
Reading
Berkshire
RG1 7SN

KAMAC LIMITED (REGISTERED NUMBER: 04561305)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 3,360 4,476

CURRENT ASSETS
Stocks 250,074 193,879
Debtors 5 145,691 162,366
Prepayments and accrued income 18,861 18,994
Cash at bank 133,903 23,307
548,529 398,546
CREDITORS
Amounts falling due within one year 6 261,710 268,967
NET CURRENT ASSETS 286,819 129,579
TOTAL ASSETS LESS CURRENT
LIABILITIES

290,179

134,055

CREDITORS
Amounts falling due after more than one
year

7

24,166

34,167
NET ASSETS 266,013 99,888

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 266,011 99,886
SHAREHOLDERS' FUNDS 266,013 99,888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

KAMAC LIMITED (REGISTERED NUMBER: 04561305)

BALANCE SHEET - continued
31 OCTOBER 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 31 July 2024 and were signed by:





Mr M Ayling - Director


KAMAC LIMITED (REGISTERED NUMBER: 04561305)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Kamac Limited 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" including the provisions of Section 1A "Small Entities" 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.
Plant and machinery etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

KAMAC LIMITED (REGISTERED NUMBER: 04561305)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 November 2022
and 31 October 2023 111,539
DEPRECIATION
At 1 November 2022 107,063
Charge for year 1,116
At 31 October 2023 108,179
NET BOOK VALUE
At 31 October 2023 3,360
At 31 October 2022 4,476

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 76,135 58,010
Other debtors 8,268 7,371
Tax 20,535 20,535
VAT 37,654 30,843
Deferred tax asset
Tax losses carried forward 3,099 45,607
145,691 162,366

KAMAC LIMITED (REGISTERED NUMBER: 04561305)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 186,040 242,983
Tax 64 -
Social security and other taxes (6,662 ) 8,046
Other creditors 43,557 132
Directors' current accounts 25,711 4,806
Accruals and deferred income 3,000 3,000
261,710 268,967

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£ £
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 14,166 10,000
Bank loans more 5 yr by instal - 14,167
24,166 34,167

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 14,167

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.