Company Registration No. 09373827 (England and Wales)
Kemsley Construction Ltd
Unaudited accounts
for the year ended 31 January 2024
Kemsley Construction Ltd
Unaudited accounts
Contents
Kemsley Construction Ltd
Company Information
for the year ended 31 January 2024
Director
Jake Craig KEMSLEY
Company Number
09373827 (England and Wales)
Registered Office
5 Strand Court, Bath Road
Cheltenham
GL53 7LW
England
Accountants
Accurox Limited
5 Strand Court
Bath Road
Cheltenham
GL53 7LW
Kemsley Construction Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
2
28
Creditors: amounts falling due within one year
(56,039)
(49,808)
Net current (liabilities)/assets
(2,377)
3,880
Total assets less current liabilities
(2,377)
3,880
Creditors: amounts falling due after more than one year
(15,773)
(19,654)
Net liabilities
(18,150)
(15,774)
Called up share capital
1
1
Profit and loss account
(18,151)
(15,775)
Shareholders' funds
(18,150)
(15,774)
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 October 2024 and were signed on its behalf by
Jake Craig KEMSLEY
Director
Company Registration No. 09373827
Kemsley Construction Ltd
Notes to the Accounts
for the year ended 31 January 2024
Kemsley Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 09373827. The registered office is 5 Strand Court, Bath Road, Cheltenham, GL53 7LW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Amounts due from group undertakings etc.
53,660
53,660
Kemsley Construction Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,953
6,750
Taxes and social security
108
3,077
Loans from directors
45,658
33,855
7
Creditors: amounts falling due after more than one year
2024
2023
Bounce Back Loan Scheme (BBLS):
The Bounce Back Loan of £30,000 have been received from Government assistance loans related to COVID-19. The government guarantees 100% of the loan and there won't be any fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% a year. The length of the loan is 6 years, but you can repay early without paying a fee.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).