9 01/03/2023 28/02/2024 2024-02-28 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-03-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 08900319 2023-03-01 2024-02-28 08900319 2024-02-28 08900319 2023-02-28 08900319 2022-03-01 2023-02-28 08900319 2023-02-28 08900319 2022-02-28 08900319 core:PlantMachinery 2023-03-01 2024-02-28 08900319 core:MotorVehicles 2023-03-01 2024-02-28 08900319 core:OnerousContractsExcludingVacantProperties 2023-03-01 2024-02-28 08900319 bus:RegisteredOffice 2023-03-01 2024-02-28 08900319 bus:LeadAgentIfApplicable 2023-03-01 2024-02-28 08900319 bus:Director1 2023-03-01 2024-02-28 08900319 core:PlantMachinery 2023-02-28 08900319 core:MotorVehicles 2023-02-28 08900319 core:PlantMachinery 2024-02-28 08900319 core:MotorVehicles 2024-02-28 08900319 core:WithinOneYear 2024-02-28 08900319 core:WithinOneYear 2023-02-28 08900319 core:AfterOneYear 2024-02-28 08900319 core:AfterOneYear 2023-02-28 08900319 core:ShareCapital 2024-02-28 08900319 core:ShareCapital 2023-02-28 08900319 core:RetainedEarningsAccumulatedLosses 2024-02-28 08900319 core:RetainedEarningsAccumulatedLosses 2023-02-28 08900319 core:PlantMachinery 2023-02-28 08900319 core:MotorVehicles 2023-02-28 08900319 bus:Director1 2023-02-28 08900319 bus:Director1 2024-02-28 08900319 bus:Director1 2022-02-28 08900319 bus:Director1 2023-02-28 08900319 bus:Director1 2022-03-01 2023-02-28 08900319 bus:SmallEntities 2023-03-01 2024-02-28 08900319 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 08900319 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 08900319 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 08900319 bus:FullAccounts 2023-03-01 2024-02-28 08900319 core:OfficeEquipment 2023-03-01 2024-02-28 08900319 core:OfficeEquipment 2023-02-28 08900319 core:OfficeEquipment 2024-02-28
Company registration number: 08900319
KES Facilities Limited
Unaudited filleted financial statements
28 February 2024
KES Facilities Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
KES Facilities Limited
Directors and other information
Director Mr M B Hale
Company number 08900319
Registered office 10 Cliff Parade
Wakefield
West Yorkshire
WF1 2TA
Accountants Streets Andrew Wright
10 Cliff Parade
Wakefield
WF1 2TA
KES Facilities Limited
Statement of financial position
28 February 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 5 68,538 65,616
_______ _______
68,538 65,616
Current assets
Stocks 23,700 22,900
Debtors 6 70,116 95,710
Cash at bank and in hand 365,403 208,668
_______ _______
459,219 327,278
Creditors: amounts falling due
within one year 7 ( 155,075) ( 111,290)
_______ _______
Net current assets 304,144 215,988
_______ _______
Total assets less current liabilities 372,682 281,604
Creditors: amounts falling due
after more than one year 8 ( 15,000) ( 25,000)
_______ _______
Net assets 357,682 256,604
_______ _______
Capital and reserves
Called up share capital 3 3
Profit and loss account 357,679 256,601
_______ _______
Shareholders funds 357,682 256,604
_______ _______
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 12 November 2024 , and are signed on behalf of the board by:
Mr M B Hale
Director
Company registration number: 08900319
KES Facilities Limited
Notes to the financial statements
Year ended 28 February 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 10 Cliff Parade, Wakefield, West Yorkshire, WF1 2TA.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 15 % reducing balance
Motor vehicles - 25 % reducing balance
Office equipment - 33 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 9 (2023: 8 ).
5. Tangible assets
Plant and machinery Motor vehicles Office equipment Total
£ £ £ £
Cost
At 1 March 2023 7,130 138,091 8,914 154,135
Additions - 24,999 3,115 28,114
Disposals - ( 15,000) - ( 15,000)
_______ _______ _______ _______
At 28 February 2024 7,130 148,090 12,029 167,249
_______ _______ _______ _______
Depreciation
At 1 March 2023 4,603 75,338 8,578 88,519
Charge for the year 379 21,437 1,374 23,190
Disposals - ( 12,998) - ( 12,998)
_______ _______ _______ _______
At 28 February 2024 4,982 83,777 9,952 98,711
_______ _______ _______ _______
Carrying amount
At 28 February 2024 2,148 64,313 2,077 68,538
_______ _______ _______ _______
At 28 February 2023 2,527 62,753 336 65,616
_______ _______ _______ _______
6. Debtors
2024 2023
£ £
Trade debtors 57,179 83,207
Other debtors 12,937 12,503
_______ _______
70,116 95,710
_______ _______
7. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 31,833 42,357
Corporation tax 65,590 30,384
Social security and other taxes 42,267 21,590
Other creditors 5,385 6,959
_______ _______
155,075 111,290
_______ _______
8. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans and overdrafts 15,000 25,000
_______ _______
9. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr M B Hale ( 312) ( 531) ( 843)
_______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr M B Hale ( 248) ( 64) ( 312)
_______ _______ _______
10. Controlling party
The director is the controlling party of the company.