Company Registration No. 11049761 (England and Wales)
KDL SITE WELDING SERVICES LIMITED
Unaudited accounts
for the year ended 30 November 2023
KDL SITE WELDING SERVICES LIMITED
Unaudited accounts
Contents
KDL SITE WELDING SERVICES LIMITED
Company Information
for the year ended 30 November 2023
Company Number
11049761 (England and Wales)
Registered Office
19 PONTELAND SQUARE
BLYTH
NE24 4SH
UNITED KINGDOM
Accountants
GHB
MORTON HOUSE
DURHAM
DH4 6QA
KDL SITE WELDING SERVICES LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
241,761
154,969
Cash at bank and in hand
103,272
50,280
Creditors: amounts falling due within one year
(141,025)
(75,194)
Net current assets
220,649
185,394
Total assets less current liabilities
462,410
340,363
Creditors: amounts falling due after more than one year
(32,267)
(37,814)
Net assets
430,143
302,549
Called up share capital
100
100
Profit and loss account
430,043
302,449
Shareholders' funds
430,143
302,549
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 director acknowledges his 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 and authorised for issue on 30 August 2024 and were signed on its behalf by
Kevin Gallagher
Director
Company Registration No. 11049761
KDL SITE WELDING SERVICES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
KDL SITE WELDING SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11049761. The registered office is 19 PONTELAND SQUARE, BLYTH, NE24 4SH, UNITED KINGDOM.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
95,576
70,153
12,750
178,479
Additions
35,782
51,010
-
86,792
At 30 November 2023
131,358
121,163
12,750
265,271
At 1 December 2022
10,294
9,700
3,516
23,510
At 30 November 2023
10,294
9,700
3,516
23,510
At 30 November 2023
121,064
111,463
9,234
241,761
At 30 November 2022
85,282
60,453
9,234
154,969
Amounts falling due within one year
Trade debtors
256,402
196,643
Accrued income and prepayments
-
10,165
KDL SITE WELDING SERVICES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,536
6,536
Trade creditors
16,951
51,649
Taxes and social security
8,438
-
Loans from directors
50,000
-
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).