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REGISTERED NUMBER: 08082150 (England and Wales)

























Financial Statements

for the Year Ended 31 May 2024

for

K And M Masonry Limited

K And M Masonry Limited (Registered number: 08082150)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K And M Masonry Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: K Lovelock
Mrs M Lovelock





REGISTERED OFFICE: Nethermore House
Naish Hill
Lacock
Wiltshire
SN15 2QH





REGISTERED NUMBER: 08082150 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

K And M Masonry Limited (Registered number: 08082150)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 13,215 14,793
13,215 14,793

CURRENT ASSETS
Stocks 7,160 8,020
Debtors 6 34,038 36,207
Cash at bank and in hand 183,759 206,850
224,957 251,077
CREDITORS
Amounts falling due within one year 7 77,361 90,957
NET CURRENT ASSETS 147,596 160,120
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,811

174,913

PROVISIONS FOR LIABILITIES 3,304 3,698
NET ASSETS 157,507 171,215

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 157,407 171,115
SHAREHOLDERS' FUNDS 157,507 171,215

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

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

K And M Masonry Limited (Registered number: 08082150)

Balance Sheet - continued
31 May 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 Board of Directors and authorised for issue on 20 October 2024 and were signed on its behalf by:




K Lovelock - Director



Mrs M Lovelock - Director


K And M Masonry Limited (Registered number: 08082150)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

K And M Masonry 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 25% on cost

Stocks
Stock has been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant proportion of overheads according to the stage manufacture or completion.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

K And M Masonry Limited (Registered number: 08082150)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 21,000
AMORTISATION
At 1 June 2023
and 31 May 2024 21,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 69,899
Additions 2,963
At 31 May 2024 72,862
DEPRECIATION
At 1 June 2023 55,106
Charge for year 4,541
At 31 May 2024 59,647
NET BOOK VALUE
At 31 May 2024 13,215
At 31 May 2023 14,793

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 33,136 35,428
Other debtors 902 779
34,038 36,207

K And M Masonry Limited (Registered number: 08082150)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 16,764 21,327
Other creditors 60,597 69,630
77,361 90,957