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REGISTERED NUMBER: 08927881 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

KTG Installations Ltd

KTG Installations Ltd (Registered number: 08927881)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KTG Installations Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M Crumpler
L Thompson





REGISTERED OFFICE: 9 Sheridan Gardens
Totton
Southampton
Hampshire
SO40 8TP





REGISTERED NUMBER: 08927881 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

KTG Installations Ltd (Registered number: 08927881)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,709 6,222

CURRENT ASSETS
Debtors 5 84,508 43,122
Cash at bank 344 34,131
84,852 77,253
CREDITORS
Amounts falling due within one year 6 70,402 51,367
NET CURRENT ASSETS 14,450 25,886
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,159

32,108

CREDITORS
Amounts falling due after more than one
year

7

-

(1,828

)

PROVISIONS FOR LIABILITIES (427 ) (1,556 )
NET ASSETS 15,732 28,724

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 15,632 28,624
SHAREHOLDERS' FUNDS 15,732 28,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

KTG Installations Ltd (Registered number: 08927881)

Balance Sheet - continued
31 March 2024


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 by the Board of Directors and authorised for issue on 5 August 2024 and were signed on its behalf by:





M Crumpler - Director


KTG Installations Ltd (Registered number: 08927881)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

KTG Installations 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

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.

Significant judgements and estimates
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

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.

KTG Installations Ltd (Registered number: 08927881)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 1,647 5,000 1,142 7,789
Additions 295 - - 295
Disposals - (5,000 ) (642 ) (5,642 )
At 31 March 2024 1,942 - 500 2,442
DEPRECIATION
At 1 April 2023 191 667 709 1,567
Charge for year 310 - 165 475
Eliminated on disposal - (667 ) (642 ) (1,309 )
At 31 March 2024 501 - 232 733
NET BOOK VALUE
At 31 March 2024 1,441 - 268 1,709
At 31 March 2023 1,456 4,333 433 6,222

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 82,042 41,457
Other debtors 2,466 1,665
84,508 43,122

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 2,098 2,123
Trade creditors 28,871 18,515
Taxation and social security 37,586 28,209
Other creditors 1,847 2,520
70,402 51,367

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1,828

KTG Installations Ltd (Registered number: 08927881)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
50 Ordinary 'A' £1 50 50
50 Ordinary 'B' £1 50 50
100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
M Crumpler
Balance outstanding at start of year - (3,272 )
Amounts advanced 72,612 55,000
Amounts repaid (72,761 ) (51,728 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (149 ) -

L Thompson
Balance outstanding at start of year - (10,262 )
Amounts advanced 71,339 65,016
Amounts repaid (71,453 ) (54,754 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (114 ) -

At the year end the company owed the directors £263 (2023: £0)