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REGISTERED NUMBER: 11743232 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

KMR GROUP LIMITED

KMR GROUP LIMITED (Registered number: 11743232)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KMR GROUP LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: M RITCHIE





REGISTERED OFFICE: 56 CLARENCE ROAD
KETTERING
Northamptonshire
MN16 8PF





REGISTERED NUMBER: 11743232 (England and Wales)





ACCOUNTANTS: SABEC & CO ACCOUNTANTS
28A THE GREEN
BILTON
RUGBY
Warwickshire
CV22 7LY

KMR GROUP LIMITED (Registered number: 11743232)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 656,435 481,014

CURRENT ASSETS
Debtors 5 152,281 155,299
Cash at bank 3,627 366
155,908 155,665
CREDITORS
Amounts falling due within one year 6 244,628 214,694
NET CURRENT LIABILITIES (88,720 ) (59,029 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

567,715

421,985

CREDITORS
Amounts falling due after more than one
year

7

296,631

269,394
NET ASSETS 271,084 152,591

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 271,083 152,590
SHAREHOLDERS' FUNDS 271,084 152,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

KMR GROUP LIMITED (Registered number: 11743232)

Balance Sheet - continued
31 December 2023


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 17 September 2024 and were signed by:





M RITCHIE - Director


KMR GROUP LIMITED (Registered number: 11743232)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

KMR GROUP 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.

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 etc - 25% on reducing balance and 15% on reducing balance

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 4 (2022 - 2 ) .

KMR GROUP LIMITED (Registered number: 11743232)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 648,011
Additions 266,723
At 31 December 2023 914,734
DEPRECIATION
At 1 January 2023 166,997
Charge for year 91,302
At 31 December 2023 258,299
NET BOOK VALUE
At 31 December 2023 656,435
At 31 December 2022 481,014

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 106,809 50,210
Other debtors 45,472 105,089
152,281 155,299

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 16,716 16,716
Hire purchase contracts 202,019 153,002
Trade creditors 15,715 11,357
Taxation and social security - 6,633
Other creditors 10,178 26,986
244,628 214,694

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 17,497 33,430
Hire purchase contracts 279,134 235,964
296,631 269,394

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 17,497 33,430