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REGISTERED NUMBER: 08283759 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Kam Design & Build Ltd

Kam Design & Build Ltd (Registered number: 08283759)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kam Design & Build Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: A L Mistry
K Morad





REGISTERED OFFICE: Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW





REGISTERED NUMBER: 08283759 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Kam Design & Build Ltd (Registered number: 08283759)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 14,290 9,415
Investment property 5 2,379,495 1,960,181
2,393,785 1,969,596

CURRENT ASSETS
Debtors 6 74,597 143,967
Cash at bank and in hand 35,140 42,456
109,737 186,423
CREDITORS
Amounts falling due within one year 7 (1,512,413 ) (1,548,426 )
NET CURRENT LIABILITIES (1,402,676 ) (1,362,003 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

991,109

607,593

CREDITORS
Amounts falling due after more than one
year

8

(380,043

)

(25,000

)

PROVISIONS FOR LIABILITIES (3,573 ) (2,354 )
NET ASSETS 607,493 580,239

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 607,393 580,139
SHAREHOLDERS' FUNDS 607,493 580,239

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

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

Kam Design & Build Ltd (Registered number: 08283759)

Balance Sheet - continued
30 November 2023


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 17 September 2024 and were signed on its behalf by:





K Morad - Director


Kam Design & Build Ltd (Registered number: 08283759)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Kam Design & Build 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 as modified by the revaluation of investment property.

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.
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

Government grants
Government Grants receivable in relation to expenditure is recognised when the expenditure is charged to the profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

Kam Design & Build Ltd (Registered number: 08283759)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 December 2022 4,422 248 11,220
Additions - - 5,584
At 30 November 2023 4,422 248 16,804
DEPRECIATION
At 1 December 2022 3,832 187 4,127
Charge for year 147 15 1,415
At 30 November 2023 3,979 202 5,542
NET BOOK VALUE
At 30 November 2023 443 46 11,262
At 30 November 2022 590 61 7,093

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2022 3,000 2,741 21,631
Additions - 1,714 7,298
At 30 November 2023 3,000 4,455 28,929
DEPRECIATION
At 1 December 2022 2,740 1,330 12,216
Charge for year 65 781 2,423
At 30 November 2023 2,805 2,111 14,639
NET BOOK VALUE
At 30 November 2023 195 2,344 14,290
At 30 November 2022 260 1,411 9,415

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 1,960,181
Additions 419,314
At 30 November 2023 2,379,495
NET BOOK VALUE
At 30 November 2023 2,379,495
At 30 November 2022 1,960,181

Kam Design & Build Ltd (Registered number: 08283759)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. INVESTMENT PROPERTY - continued

Investment property was valued by the directors on 30 November 2023 using an open market value for existing use basis.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 27,364 111,205
Other debtors 47,233 32,762
74,597 143,967

Other debtors includes prepayments and accrued income of £7,582 (2022 - £5,657).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 66,712 327,570
Taxation and social security 25,125 36,903
Other creditors 1,410,576 1,173,953
1,512,413 1,548,426

Other creditors includes accruals and deferred income of £3,300 (2022 - £3,150).

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 380,043 25,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years 365,043 -

9. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 390,043 -

Bank loans are secured by fixed charges over the investment property of the company.

10. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £412,502 (2022 - £425,001).