Company Registration No. 12370120 (England and Wales)
KDG Maidstone Limited
Unaudited accounts
for the year ended 30 November 2023
KDG Maidstone Limited
Unaudited accounts
Contents
KDG Maidstone Limited
Company Information
for the year ended 30 November 2023
Directors
Mr G Dhillon
Mr V Sharma
Company Number
12370120 (England and Wales)
Registered Office
Unit B Endeavour Park
London Road
Addington West Malling
Kent
ME19 5SH
England
KDG Maidstone Limited
Statement of financial position
as at 30 November 2023
Intangible assets
7,000
14,000
Tangible assets
305,324
357,767
Cash at bank and in hand
97,677
139,866
Creditors: amounts falling due within one year
(919,350)
(1,127,857)
Net current liabilities
(52,259)
(219,068)
Net assets
260,065
152,699
Called up share capital
100
100
Profit and loss account
259,965
152,599
Shareholders' funds
260,065
152,699
For the year ending 30 November 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 March 2024 and were signed on its behalf by
Mr G Dhillon
Director
Company Registration No. 12370120
KDG Maidstone Limited
Notes to the Accounts
for the year ended 30 November 2023
KDG Maidstone Limited is a private company, limited by shares, registered in England and Wales, registration number 12370120. The registered office is Unit B Endeavour Park, London Road, Addington West Malling, Kent, ME19 5SH, England.
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:
Land & buildings
5% Straight line
Plant & machinery
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill - 5years
4
Intangible fixed assets
Other
At 30 November 2023
35,000
At 30 November 2023
28,000
At 30 November 2022
14,000
KDG Maidstone Limited
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2022
93,551
412,649
506,200
At 30 November 2023
93,551
422,016
515,567
At 1 December 2022
13,125
135,308
148,433
Charge for the year
4,468
57,342
61,810
At 30 November 2023
17,593
192,650
210,243
At 30 November 2023
75,958
229,366
305,324
At 30 November 2022
80,426
277,341
357,767
Amounts falling due within one year
Trade debtors
10,688
15,635
Amounts due from group undertakings etc.
688,572
748,438
Accrued income and prepayments
8,001
-
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
44,156
67,784
Amounts owed to group undertakings and other participating interests
767,210
949,668
Taxes and social security
80,081
83,082
Other creditors
23,703
23,123
The parent company is KDG Food South Limited and ultimate holding company is T&M Dhillon Group Ltd which are both registered in England.
9
Average number of employees
During the year the average number of employees was 25 (2022: 31).