IRIS Accounts Production v24.1.9.2 12982489 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129824892023-03-31129824892024-03-31129824892023-04-012024-03-31129824892022-03-31129824892022-04-012023-03-31129824892023-03-3112982489ns15:EnglandWales2023-04-012024-03-3112982489ns14:PoundSterling2023-04-012024-03-3112982489ns10:Director12023-04-012024-03-3112982489ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3112982489ns10:SmallEntities2023-04-012024-03-3112982489ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3112982489ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3112982489ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3112982489ns10:FullAccounts2023-04-012024-03-3112982489ns10:OrdinaryShareClass12023-04-012024-03-3112982489ns10:RegisteredOffice2023-04-012024-03-3112982489ns5:CurrentFinancialInstruments2024-03-3112982489ns5:CurrentFinancialInstruments2023-03-3112982489ns5:Non-currentFinancialInstruments2024-03-3112982489ns5:Non-currentFinancialInstruments2023-03-3112982489ns5:ShareCapital2024-03-3112982489ns5:ShareCapital2023-03-3112982489ns5:RetainedEarningsAccumulatedLosses2024-03-3112982489ns5:RetainedEarningsAccumulatedLosses2023-03-3112982489ns5:PlantMachinery2023-04-012024-03-3112982489ns5:FurnitureFittings2023-04-012024-03-3112982489ns5:PlantMachinery2023-03-3112982489ns5:FurnitureFittings2023-03-3112982489ns5:MotorVehicles2023-03-3112982489ns5:MotorVehicles2023-04-012024-03-3112982489ns5:PlantMachinery2024-03-3112982489ns5:FurnitureFittings2024-03-3112982489ns5:MotorVehicles2024-03-3112982489ns5:PlantMachinery2023-03-3112982489ns5:FurnitureFittings2023-03-3112982489ns5:MotorVehicles2023-03-3112982489ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3112982489ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3112982489ns5:DeferredTaxation2023-03-3112982489ns5:DeferredTaxation2023-04-012024-03-3112982489ns5:DeferredTaxation2024-03-3112982489ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 12982489 (England and Wales)















KEVIN PLANT DEVELOPMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






KEVIN PLANT DEVELOPMENTS LTD (REGISTERED NUMBER: 12982489)






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


KEVIN PLANT DEVELOPMENTS LTD

COMPANY INFORMATION
for the Year Ended 31 MARCH 2024







DIRECTOR: Mr K J Plant





REGISTERED OFFICE: 49 Leasowe Drive
Perton
Wolverhampton
West Midlands
WV6 7TX





REGISTERED NUMBER: 12982489 (England and Wales)





ACCOUNTANTS: Wallace Crooke
College House
St Leonards Close
Bridgnorth
Shropshire
WV16 4EJ

KEVIN PLANT DEVELOPMENTS LTD (REGISTERED NUMBER: 12982489)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 140,547 51,697

CURRENT ASSETS
Stocks 1,042,415 269,872
Debtors 5 13,655 23,391
Cash at bank 20,356 140,371
1,076,426 433,634
CREDITORS
Amounts falling due within one year 6 990,676 257,002
NET CURRENT ASSETS 85,750 176,632
TOTAL ASSETS LESS CURRENT
LIABILITIES

226,297

228,329

CREDITORS
Amounts falling due after more than one
year

7

(14,948

)

(27,150

)

PROVISIONS FOR LIABILITIES 8 (16,017 ) (12,924 )
NET ASSETS 195,332 188,255

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 195,331 188,254
SHAREHOLDERS' FUNDS 195,332 188,255

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 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.

KEVIN PLANT DEVELOPMENTS LTD (REGISTERED NUMBER: 12982489)

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 director and authorised for issue on 14 August 2024 and were signed by:





Mr K J Plant - Director


KEVIN PLANT DEVELOPMENTS LTD (REGISTERED NUMBER: 12982489)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024

1. STATUTORY INFORMATION

Kevin Plant Developments 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

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 - 20% on reducing balance
Fixtures and fittings - 20% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 1 ) .

KEVIN PLANT DEVELOPMENTS LTD (REGISTERED NUMBER: 12982489)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 67,700 261 - 67,961
Additions 119,987 - 10,000 129,987
Disposals (6,000 ) - - (6,000 )
At 31 March 2024 181,687 261 10,000 191,948
DEPRECIATION
At 1 April 2023 16,212 52 - 16,264
Charge for year 33,095 42 2,000 35,137
At 31 March 2024 49,307 94 2,000 51,401
NET BOOK VALUE
At 31 March 2024 132,380 167 8,000 140,547
At 31 March 2023 51,488 209 - 51,697

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors - 19,988
Other debtors 13,655 3,403
13,655 23,391

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Hire purchase contracts 22,003 18,094
Trade creditors 22,327 16,917
Amounts owed to associates 250,000 118,000
Taxation and social security 1,469 45,907
Other creditors 694,877 58,084
990,676 257,002

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£    £   
Hire purchase contracts 14,948 27,150

8. PROVISIONS FOR LIABILITIES
31/3/24 31/3/23
£    £   
Deferred tax 16,017 12,924

KEVIN PLANT DEVELOPMENTS LTD (REGISTERED NUMBER: 12982489)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 12,924
Provided during year 3,093
Balance at 31 March 2024 16,017

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £    £   
1 Ordinary Shares £1 1 1