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REGISTERED NUMBER: 02655445 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

KMB Caterers Limited

KMB Caterers Limited (Registered number: 02655445)

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


KMB Caterers Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: B S Sahota
S K Sahota



REGISTERED OFFICE: Unit 14 Balfour Business Centre
Johnson Street
Southall
Middlesex
UB2 5BD



REGISTERED NUMBER: 02655445 (England and Wales)



ACCOUNTANTS: Fallows & Company Accountants & Business Advisors
Nightingale House
46/48 East Street
Epsom
Surrey
KT17 1HQ



BANKERS: Lloyds TSB Bank PLC
21-22 High Street
Uxbridge
Middlesex
UB1 1JD

KMB Caterers Limited (Registered number: 02655445)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 64,375 53,367

CURRENT ASSETS
Stocks 37,660 23,981
Debtors 5 118,392 123,149
Cash at bank and in hand 12,454 35,154
168,506 182,284
CREDITORS
Amounts falling due within one year 6 411,681 393,952
NET CURRENT LIABILITIES (243,175 ) (211,668 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(178,800

)

(158,301

)

CREDITORS
Amounts falling due after more than one
year

7

27,766

31,126
NET LIABILITIES (206,566 ) (189,427 )

CAPITAL AND RESERVES
Called up share capital 1,334 1,334
Share premium 5,466 5,466
Retained earnings (213,366 ) (196,227 )
SHAREHOLDERS' FUNDS (206,566 ) (189,427 )

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.

KMB Caterers Limited (Registered number: 02655445)

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 21 August 2024 and were signed on its behalf by:





B S Sahota - Director


KMB Caterers Limited (Registered number: 02655445)

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


1. STATUTORY INFORMATION

KMB Caterers 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.

Preparation of consolidated financial statements
The financial statements contain information about KMB Caterers Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold land - No depreciation
Freehold building - 2% per annum of cost
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

KMB Caterers Limited (Registered number: 02655445)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 14 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 52,807 112,484 8,825 174,116
Additions 15,000 15,995 - 30,995
Disposals (12,000 ) (17,300 ) (1,865 ) (31,165 )
At 31 March 2024 55,807 111,179 6,960 173,946
DEPRECIATION
At 1 April 2023 44,629 70,637 5,483 120,749
Charge for year 4,404 12,289 772 17,465
Eliminated on disposal (10,924 ) (16,067 ) (1,652 ) (28,643 )
At 31 March 2024 38,109 66,859 4,603 109,571
NET BOOK VALUE
At 31 March 2024 17,698 44,320 2,357 64,375
At 31 March 2023 8,178 41,847 3,342 53,367

KMB Caterers Limited (Registered number: 02655445)

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


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023 74,834
Disposals (10,100 )
At 31 March 2024 64,734
DEPRECIATION
At 1 April 2023 50,796
Charge for year 5,516
Eliminated on disposal (9,813 )
At 31 March 2024 46,499
NET BOOK VALUE
At 31 March 2024 18,235
At 31 March 2023 24,038

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 103,156 34,449
VAT 4,929 6,102
Deferred tax asset 2,170 32,278
Prepayments and accrued income 8,137 50,320
118,392 123,149

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 15,620 6,624
Hire purchase contracts - 5,341
Trade creditors 348,825 347,724
Amounts owed to group undertakings 3,000 3,000
Social security and other taxes 4,094 4,877
Other creditors 15,913 11,065
Directors' current accounts 20,894 12,145
Accruals and deferred income 3,335 3,176
411,681 393,952

KMB Caterers Limited (Registered number: 02655445)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 6,493 6,624
Bank loans - 2-5 years 21,273 24,502
27,766 31,126

8. ULTIMATE CONTROLLING PARTY

Name: Rohman Properties Ltd

Registered Address: St James House
9-15 St James Road
Surbiton
Surrey
KT6 4QH

Principal Place of Business: Unit 14
Balfour Business Centre
Johnson Street
Southall
Middlesex
UB2 5BD