Company Registration No. 13213012 (England and Wales)
KA&ME Williams Ltd
Unaudited Financial Statements
for the year ended 29 February 2024
KA&ME Williams Ltd
Unaudited Financial Statements
Contents
KA&ME Williams Ltd
Company Information
for the year ended 29 February 2024
Directors
Kevin Williams
Margaret Williams
Company Number
13213012 (England and Wales)
Registered Office
117 Halfpenny Lane
Longridge
Preston
Lancashire
PR3 2EA
England
KA&ME Williams Ltd
Statement of financial position
as at 29 February 2024
Investment property
216,708
216,708
Cash at bank and in hand
2,873
1,521
Creditors: amounts falling due within one year
(164,158)
(163,919)
Net current liabilities
(161,285)
(162,398)
Total assets less current liabilities
55,423
54,310
Creditors: amounts falling due after more than one year
(98,871)
(105,625)
Net liabilities
(43,448)
(51,315)
Called up share capital
100
100
Profit and loss account
(43,548)
(51,415)
Shareholders' funds
(43,448)
(51,315)
For the year ending 29 February 2024 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 19 August 2024 and were signed on its behalf by
Margaret Williams
Director
Company Registration No. 13213012
KA&ME Williams Ltd
Notes to the Accounts
for the year ended 29 February 2024
KA&ME Williams Ltd is a private company, limited by shares, registered in England and Wales, registration number 13213012. The registered office is 117 Halfpenny Lane, Longridge , Preston, Lancashire, PR3 2EA, 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 March 2023
216,708
At 29 February 2024
216,708
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,857
6,468
Loans from directors
156,501
156,501
6
Creditors: amounts falling due after more than one year
2024
2023
The bank loans falling due within and after more than one year are secured by a charge over freehold property,
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).