IRIS Accounts Production v24.2.0.383 10100576 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101005762023-04-30101005762024-04-30101005762023-05-012024-04-30101005762022-04-30101005762022-05-012023-04-30101005762023-04-3010100576ns15:EnglandWales2023-05-012024-04-3010100576ns14:PoundSterling2023-05-012024-04-3010100576ns10:Director12023-05-012024-04-3010100576ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3010100576ns10:SmallEntities2023-05-012024-04-3010100576ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3010100576ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3010100576ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3010100576ns10:FullAccounts2023-05-012024-04-3010100576ns10:Director22023-05-012024-04-3010100576ns10:RegisteredOffice2023-05-012024-04-3010100576ns5:CurrentFinancialInstruments2024-04-3010100576ns5:CurrentFinancialInstruments2023-04-3010100576ns5:Non-currentFinancialInstruments2024-04-3010100576ns5:Non-currentFinancialInstruments2023-04-3010100576ns5:ShareCapital2024-04-3010100576ns5:ShareCapital2023-04-3010100576ns5:RetainedEarningsAccumulatedLosses2024-04-3010100576ns5:RetainedEarningsAccumulatedLosses2023-04-3010100576ns5:PlantMachinery2023-05-012024-04-3010100576ns5:PlantMachinery2023-04-3010100576ns5:PlantMachinery2024-04-3010100576ns5:PlantMachinery2023-04-3010100576ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3010100576ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3010100576ns5:DeferredTaxation2023-04-3010100576ns5:DeferredTaxation2023-05-012024-04-3010100576ns5:DeferredTaxation2024-04-30
REGISTERED NUMBER: 10100576 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

K D CABLE JOINTING LTD

K D CABLE JOINTING LTD (REGISTERED NUMBER: 10100576)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K D CABLE JOINTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: K P King
Mrs K E King





REGISTERED OFFICE: 5 Brickfield Cottage
Kempes Corner
Boughton Aluph
Ashford
Kent
TN25 4ER





REGISTERED NUMBER: 10100576 (England and Wales)





ACCOUNTANTS: Cassidys Chartered Accountants
South Stour Offices
South Stour Road
Mersham
Ashford
Kent
TN25 7HS

K D CABLE JOINTING LTD (REGISTERED NUMBER: 10100576)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 104,702 116,456

CURRENT ASSETS
Stocks 8,000 10,000
Debtors 5 45,394 54,362
Cash at bank 4,846 3,004
58,240 67,366
CREDITORS
Amounts falling due within one year 6 69,762 64,277
NET CURRENT (LIABILITIES)/ASSETS (11,522 ) 3,089
TOTAL ASSETS LESS CURRENT
LIABILITIES

93,180

119,545

CREDITORS
Amounts falling due after more than one year 7 (38,455 ) (52,550 )

PROVISIONS FOR LIABILITIES 9 (24,081 ) (19,330 )
NET ASSETS 30,644 47,665

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 30,642 47,663
30,644 47,665

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 D CABLE JOINTING LTD (REGISTERED NUMBER: 10100576)

BALANCE SHEET - continued
30 APRIL 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 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 20 October 2024 and were signed on its behalf by:





K P King - Director


K D CABLE JOINTING LTD (REGISTERED NUMBER: 10100576)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

K D Cable Jointing 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.

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.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

K D CABLE JOINTING LTD (REGISTERED NUMBER: 10100576)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

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 9 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 212,497
Additions 26,515
Disposals (15,847 )
At 30 April 2024 223,165
DEPRECIATION
At 1 May 2023 96,041
Charge for year 34,913
Eliminated on disposal (12,491 )
At 30 April 2024 118,463
NET BOOK VALUE
At 30 April 2024 104,702
At 30 April 2023 116,456

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 36,560 43,183
Other debtors 8,834 11,179
45,394 54,362

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 18,806 26,288
Hire purchase contracts 12,411 15,322
Trade creditors 2,700 4,000
Taxation and social security 22,244 2,959
Other creditors 13,601 15,708
69,762 64,277

K D CABLE JOINTING LTD (REGISTERED NUMBER: 10100576)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 14,982 16,667
Hire purchase contracts 23,473 35,883
38,455 52,550

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,193 -

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts 35,884 51,205

Obligations under hire purchase contracts are secured on the underlying assets.

9. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 24,081 19,330

Deferred
tax
£   
Balance at 1 May 2023 19,330
Charge to Statement of Income and Retained Earnings during year 4,751
Balance at 30 April 2024 24,081

10. RELATED PARTY DISCLOSURES

Mr K P and Mrs K E King - Directors and Shareholders

At the balance sheet date K D Cable Jointing Limited owed Mr and Mrs King £143 (2023 - £777)).