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REGISTERED NUMBER: 09158192 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

KAYBEE SITE SERVICES (UK) LTD

KAYBEE SITE SERVICES (UK) LTD (REGISTERED NUMBER: 09158192)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KAYBEE SITE SERVICES (UK) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr A J Kirkbride





REGISTERED OFFICE: Clifton House
Bunnian Place
Basingstoke
Hampshire
RG21 7JE





REGISTERED NUMBER: 09158192 (England and Wales)






KAYBEE SITE SERVICES (UK) LTD (REGISTERED NUMBER: 09158192)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 60,173 80,618

CURRENT ASSETS
Debtors 6 512,969 525,008
Cash at bank 3,409 21,615
516,378 546,623
CREDITORS
Amounts falling due within one year 7 492,068 538,622
NET CURRENT ASSETS 24,310 8,001
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,483

88,619

CREDITORS
Amounts falling due after more than one
year

8

(70,070

)

(118,948

)

PROVISIONS FOR LIABILITIES (11,513 ) (10,676 )
NET ASSETS/(LIABILITIES) 2,900 (41,005 )

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 2,898 (41,007 )
SHAREHOLDERS' FUNDS 2,900 (41,005 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 30 September 2024 and were signed by:





Mr A J Kirkbride - Director


KAYBEE SITE SERVICES (UK) LTD (REGISTERED NUMBER: 09158192)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Kaybee Site Services (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% straight line
Fixtures and fittings - 25% straight line and 20% straight line
Motor vehicles - 20% straight line
Computer equipment - 33% straight line

All fixed assets are initially recorded at cost.

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.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

KAYBEE SITE SERVICES (UK) LTD (REGISTERED NUMBER: 09158192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company contributes to 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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 30 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 22,951 5,256 234,694 4,826 267,727
Additions - 560 7,125 - 7,685
Disposals - - (119,255 ) - (119,255 )
At 31 March 2024 22,951 5,816 122,564 4,826 156,157
DEPRECIATION
At 1 April 2023 14,480 953 167,485 4,191 187,109
Charge for year 2,117 777 23,016 630 26,540
Eliminated on disposal - - (117,665 ) - (117,665 )
At 31 March 2024 16,597 1,730 72,836 4,821 95,984
NET BOOK VALUE
At 31 March 2024 6,354 4,086 49,728 5 60,173
At 31 March 2023 8,471 4,303 67,209 635 80,618

KAYBEE SITE SERVICES (UK) LTD (REGISTERED NUMBER: 09158192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023
and 31 March 2024 47,233
DEPRECIATION
At 1 April 2023 5,399
Charge for year 9,843
At 31 March 2024 15,242
NET BOOK VALUE
At 31 March 2024 31,991
At 31 March 2023 41,834

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 143,942 180,364
Other debtors 369,027 344,644
512,969 525,008

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 64,234 66,415
Hire purchase contracts 7,691 13,378
Trade creditors 67,853 105,955
Taxation and social security 244,110 197,208
Other creditors 108,180 155,666
492,068 538,622

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 48,485 84,849
Hire purchase contracts 21,585 34,099
70,070 118,948

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 29,276 47,477

Hire purchase contracts are secured over the assets to which they relate.

KAYBEE SITE SERVICES (UK) LTD (REGISTERED NUMBER: 09158192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

11. OTHER FINANCIAL COMMITMENTS

Total future financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £32,675.

This amount is in relation to operating lease commitments which are payable over the next year.