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REGISTERED NUMBER: 05364891 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31st December 2023

for

KDP Enterprises Limited

KDP Enterprises Limited (Registered number: 05364891)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


KDP Enterprises Limited

Company Information
for the Year Ended 31st December 2023







DIRECTORS: K. M. Petty
Mrs. J. P. Brundrett
Miss B. R. Petty





SECRETARY: Mr. K. M. Petty





REGISTERED OFFICE: Tyddyn yr Eglwys
Clydey
LLANFYRNACH
Pembrokeshire
SA35 0AR





REGISTERED NUMBER: 05364891 (England and Wales)






KDP Enterprises Limited (Registered number: 05364891)

Abridged Balance Sheet
31st December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 763,847 776,143
Investments 5 80,815 80,815
844,662 856,958

CURRENT ASSETS
Stocks 315,573 316,690
Debtors 57,431 104,793
Cash at bank 288,048 525,987
661,052 947,470
CREDITORS
Amounts falling due within one year 411,033 683,023
NET CURRENT ASSETS 250,019 264,447
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,094,681

1,121,405

CREDITORS
Amounts falling due after more than one year 25,833 35,833
NET ASSETS 1,068,848 1,085,572

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,068,748 1,085,472
SHAREHOLDERS' FUNDS 1,068,848 1,085,572

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

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

KDP Enterprises Limited (Registered number: 05364891)

Abridged Balance Sheet - continued
31st December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th September 2024 and were signed on its behalf by:





K. M. Petty - Director


KDP Enterprises Limited (Registered number: 05364891)

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

1. STATUTORY INFORMATION

KDP Enterprises 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 - 20% 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 Statement of Income and Retained Earnings, 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.

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 1 (2022 - 2 ) .

KDP Enterprises Limited (Registered number: 05364891)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2023 1,248,699
Additions 42,532
Disposals (7,600 )
At 31st December 2023 1,283,631
DEPRECIATION
At 1st January 2023 472,556
Charge for year 52,836
Eliminated on disposal (5,608 )
At 31st December 2023 519,784
NET BOOK VALUE
At 31st December 2023 763,847
At 31st December 2022 776,143

5. FIXED ASSET INVESTMENTS

28.2.18 28.2.17
£ £
First Milk investment 80,805 80,805
PMR Limited share capital 10 10
80,815 80,815