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REGISTERED NUMBER: 09519194 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

KKM (Hampshire) Limited

KKM (Hampshire) Limited (Registered number: 09519194)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KKM (Hampshire) Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: K L Matchan





REGISTERED OFFICE: KKM Buildings
Old Reservoir Road
Farlington
Portsmouth
Hampshire
PO6 1SU





REGISTERED NUMBER: 09519194 (England and Wales)





ACCOUNTANTS: Hughes Spencer
12 Acorn Business Park
Northarbour Road
Portsmouth
Hampshire
PO6 3TH

KKM (Hampshire) Limited (Registered number: 09519194)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 315,551 258,093
Investments 5 3 3
315,554 258,096

CURRENT ASSETS
Debtors 6 23,888 19,426
Cash at bank 61,837 73,730
85,725 93,156
CREDITORS
Amounts falling due within one year 7 242,810 199,294
NET CURRENT LIABILITIES (157,085 ) (106,138 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,469

151,958

CREDITORS
Amounts falling due after more than one
year

8

(41,298

)

-

PROVISIONS FOR LIABILITIES (59,091 ) (40,152 )
NET ASSETS 58,080 111,806

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 57,978 111,704
SHAREHOLDERS' FUNDS 58,080 111,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

KKM (Hampshire) Limited (Registered number: 09519194)

Balance Sheet - continued
30 June 2024


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 8 October 2024 and were signed by:





K L Matchan - Director


KKM (Hampshire) Limited (Registered number: 09519194)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

KKM (Hampshire) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Investment vehicles are shown at valuation.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

KKM (Hampshire) Limited (Registered number: 09519194)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 540,492
Additions 150,170
Disposals (116,441 )
At 30 June 2024 574,221
DEPRECIATION
At 1 July 2023 282,399
Charge for year 66,400
Eliminated on disposal (90,129 )
At 30 June 2024 258,670
NET BOOK VALUE
At 30 June 2024 315,551
At 30 June 2023 258,093

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 July 2023 46,650
Additions 142,170
Transfer to ownership (46,650 )
At 30 June 2024 142,170
DEPRECIATION
At 1 July 2023 13,849
Charge for year 16,176
Transfer to ownership (13,849 )
At 30 June 2024 16,176
NET BOOK VALUE
At 30 June 2024 125,994
At 30 June 2023 32,801

KKM (Hampshire) Limited (Registered number: 09519194)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023
and 30 June 2024 3
NET BOOK VALUE
At 30 June 2024 3
At 30 June 2023 3

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,392
Other debtors 23,888 18,034
23,888 19,426

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 63,809 5,445
Trade creditors 28,153 50,417
Taxation and social security - 7,046
Other creditors 150,848 136,386
242,810 199,294

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 41,298 -

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K L Matchan.