Company Registration No. 04604786 (England and Wales)
KMP (UK) LIMITED
Unaudited accounts
for the year ended 31 December 2023
KMP (UK) LIMITED
Unaudited accounts
Contents
KMP (UK) LIMITED
Company Information
for the year ended 31 December 2023
Directors
Richard McNeill
Graham Moorby
Company Number
04604786 (England and Wales)
Registered Office
UNIT 7 TECHNO TRADING ESTATE
STATION ROAD
LEEDS
LS27 8JR
Accountants
Neil Gallagher
GG Accounting Solutions Limited
77 Willans Avenue
Leeds
LS26 0NF
KMP (UK) LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
761,910
664,797
Inventories
467,767
475,308
Cash at bank and in hand
595,744
489,734
Creditors: amounts falling due within one year
(720,011)
(583,467)
Net current assets
513,293
516,752
Total assets less current liabilities
1,275,203
1,181,549
Creditors: amounts falling due after more than one year
(515,298)
(431,550)
Net assets
759,905
749,999
Called up share capital
67
67
Profit and loss account
759,838
749,932
Shareholders' funds
759,905
749,999
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 21 May 2024 and were signed on its behalf by
Richard McNeill
Director
Company Registration No. 04604786
KMP (UK) LIMITED
Notes to the Accounts
for the year ended 31 December 2023
KMP (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04604786. The registered office is UNIT 7 TECHNO TRADING ESTATE, STATION ROAD, LEEDS, LS27 8JR.
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 remained unchanged from the previous year, and also 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles 33% straight line
Plant and machinery 25% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
445,489
17,419
323,678
786,586
Additions
-
7,700
275,873
283,573
Disposals
-
-
(243,410)
(243,410)
At 31 December 2023
445,489
25,119
356,141
826,749
At 1 January 2023
-
16,619
105,170
121,789
Charge for the year
-
1,155
46,605
47,760
On disposals
-
-
(104,710)
(104,710)
At 31 December 2023
-
17,774
47,065
64,839
At 31 December 2023
445,489
7,345
309,076
761,910
At 31 December 2022
445,489
800
218,508
664,797
KMP (UK) LIMITED
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
47,876
59,157
Accrued income and prepayments
114,780
68,883
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,768
7,664
Obligations under finance leases and hire purchase contracts
46,692
32,652
Trade creditors
299,688
228,246
Taxes and social security
31,916
67,405
Other creditors
81,699
1,507
Loans from directors
185,000
194,000
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
297,070
303,733
Obligations under finance leases and hire purchase contracts
218,228
127,817
8
Average number of employees
During the year the average number of employees was 12 (2022: 13).