IRIS Accounts Production v24.2.0.383 11145521 director 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111455212022-12-31111455212023-12-31111455212023-01-012023-12-31111455212021-12-31111455212022-01-012022-12-31111455212022-12-3111145521ns15:EnglandWales2023-01-012023-12-3111145521ns14:PoundSterling2023-01-012023-12-3111145521ns10:Director12023-01-012023-12-3111145521ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3111145521ns10:SmallEntities2023-01-012023-12-3111145521ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3111145521ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3111145521ns10:FullAccounts2023-01-012023-12-3111145521ns10:OrdinaryShareClass12023-01-012023-12-3111145521ns10:CompanySecretary12023-01-012023-12-3111145521ns10:RegisteredOffice2023-01-012023-12-3111145521ns5:CurrentFinancialInstruments2023-12-3111145521ns5:CurrentFinancialInstruments2022-12-3111145521ns5:Non-currentFinancialInstruments2023-12-3111145521ns5:Non-currentFinancialInstruments2022-12-3111145521ns5:ShareCapital2023-12-3111145521ns5:ShareCapital2022-12-3111145521ns5:RetainedEarningsAccumulatedLosses2023-12-3111145521ns5:RetainedEarningsAccumulatedLosses2022-12-3111145521ns5:PlantMachinery2023-01-012023-12-3111145521ns5:PlantMachinery2022-12-3111145521ns5:PlantMachinery2023-12-3111145521ns5:PlantMachinery2022-12-3111145521ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-12-3111145521ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3111145521ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-12-3111145521ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3111145521ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3111145521ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 11145521 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

KUDOS STRUCTURES LIMITED

KUDOS STRUCTURES LIMITED (REGISTERED NUMBER: 11145521)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


KUDOS STRUCTURES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: P A Manison





SECRETARY:





REGISTERED OFFICE: 44 St. Peters Road
Pedmore
Stourbridge
West Midlands
DY9 0TX





REGISTERED NUMBER: 11145521 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

KUDOS STRUCTURES LIMITED (REGISTERED NUMBER: 11145521)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,771 14,226

CURRENT ASSETS
Stocks 4,280 5,025
Debtors 5 18,180 39,010
Cash at bank and in hand 5,096 402
27,556 44,437
CREDITORS
Amounts falling due within one year 6 10,747 39,269
NET CURRENT ASSETS 16,809 5,168
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,580

19,394

CREDITORS
Amounts falling due after more than one
year

7

-

796
NET ASSETS 28,580 18,598

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 28,480 18,498
SHAREHOLDERS' FUNDS 28,580 18,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

KUDOS STRUCTURES LIMITED (REGISTERED NUMBER: 11145521)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 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 director and authorised for issue on 17 October 2024 and were signed by:





P A Manison - Director


KUDOS STRUCTURES LIMITED (REGISTERED NUMBER: 11145521)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Kudos Structures 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.

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


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 cost and 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

KUDOS STRUCTURES LIMITED (REGISTERED NUMBER: 11145521)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

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.

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 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 20,381
DEPRECIATION
At 1 January 2023 6,155
Charge for year 2,455
At 31 December 2023 8,610
NET BOOK VALUE
At 31 December 2023 11,771
At 31 December 2022 14,226

KUDOS STRUCTURES LIMITED (REGISTERED NUMBER: 11145521)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS - continued

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

Plant and
machinery
etc
£   
COST
At 1 January 2023 19,167
Transfer to ownership (19,167 )
At 31 December 2023 -
DEPRECIATION
At 1 January 2023 5,319
Transfer to ownership (5,319 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 13,848

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,180 35,510
Other debtors - 3,500
18,180 39,010

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 4,773
Trade creditors 328 1,289
Taxation and social security 4,672 5,399
Other creditors 5,747 27,808
10,747 39,269

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts - 796

KUDOS STRUCTURES LIMITED (REGISTERED NUMBER: 11145521)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts - 5,569

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100