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REGISTERED NUMBER: 04136159 (England and Wales)




















Financial Statements

for the Year Ended 31 December 2023

for

KPM Analytics Ltd

KPM Analytics Ltd (Registered number: 04136159)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KPM Analytics Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr S A York
Mr A Bregler
Mr B J Mitchell



REGISTERED OFFICE: 63 Broad Green
Wellingborough
Northamptonshire
NN8 4LQ



REGISTERED NUMBER: 04136159 (England and Wales)



SENIOR STATUTORY AUDITOR: Julian Payne BA FCA



AUDITORS: Clifford Roberts - Statutory Auditor
63 Broad Green
Wellingborough
Northamptonshire
NN8 4LQ

KPM Analytics Ltd (Registered number: 04136159)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 77,484 114,150

CURRENT ASSETS
Stocks 56,346 74,836
Debtors 5 349,596 302,539
Cash at bank 160,330 169,410
566,272 546,785
CREDITORS
Amounts falling due within one year 6 73,689 114,714
NET CURRENT ASSETS 492,583 432,071
TOTAL ASSETS LESS CURRENT
LIABILITIES

570,067

546,221

CREDITORS
Amounts falling due after more than one
year

7

13,551

17,891
NET ASSETS 556,516 528,330

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings 556,506 528,320
SHAREHOLDERS' FUNDS 556,516 528,330

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 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 23 September 2024 and were signed on its behalf by:





Mr S A York - Director


KPM Analytics Ltd (Registered number: 04136159)

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

1. STATUTORY INFORMATION

KPM Analytics Ltd 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.

Revenue
Turnover represents net invoices sale of goods and services, excluding value added tax.

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 - 33% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

KPM Analytics Ltd (Registered number: 04136159)

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

2. ACCOUNTING POLICIES - continued

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 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2023 191,303
Additions 23,844
Disposals (13,220 )
At 31 December 2023 201,927
DEPRECIATION
At 1 January 2023 77,153
Charge for year 56,026
Eliminated on disposal (8,736 )
At 31 December 2023 124,443
NET BOOK VALUE
At 31 December 2023 77,484
At 31 December 2022 114,150

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 56,000 149,311
Amounts owed by group undertakings 277,668 131,113
VAT - 8,424
Deferred tax asset 10,681 8,553
Prepayments and accrued income 5,247 5,138
349,596 302,539

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Hire purchase contracts (see note 8) 4,884 4,975
Trade creditors 18,883 51,804
Amounts owed to group undertakings - 4,522
Taxation and social security 16,477 18,026
Other creditors 33,445 35,387
73,689 114,714

KPM Analytics Ltd (Registered number: 04136159)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Hire purchase contracts (see note 8) 13,551 17,891

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£ £
Net obligations repayable:
Within one year 4,884 4,975
Between one and five years 13,551 17,891
18,435 22,866

Non-cancellable
operating leases
2023 2022
£ £
Within one year 13,150 14,820
Between one and five years 11,616 24,766
24,766 39,586

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
10 Ordinary 1 10 10

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Julian Payne BA FCA (Senior Statutory Auditor)
for and on behalf of Clifford Roberts - Statutory Auditor

11. OTHER FINANCIAL COMMITMENTS

The company entered into a debenture registered on 30th June 2021 with Sound Point Agency LLC. The debenture relates to a credit agreement for $43.5m entered into between the main group companies and Sound Point Agency LLC. The debenture gives a fixed and floating charge over all the property and undertaking of KPM Analytics Ltd and also includes a negative pledge.

12. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

KPM Analytics Ltd (Registered number: 04136159)

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

13. ULTIMATE CONTROLLING PARTY

The controlling party is KPM Analytics US Holding 2. Inc.

The ultimate controlling party is KPM Analytics Holdings LLC.