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REGISTERED NUMBER: 04681317 (England and Wales)















KUDOS MANUFACTURING LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KUDOS MANUFACTURING LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2024







DIRECTORS: Mr D Wilson
Mrs E A Wilson
Mr R Pethick





SECRETARY: Mrs E A Wilson





REGISTERED OFFICE: c/o National Business Register Group Ltd
Suite 7, The Courtyard, Russell House
6 Doctors Lane
Henley-in-Arden
Warwickshire
B95 5AW





REGISTERED NUMBER: 04681317 (England and Wales)





ACCOUNTANTS: Wallace Crooke Walsall Limited
Chartered Accountants
Wallace House
20 Birmingham Road
Walsall
West Midlands
WS1 2LT

KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 56,823 53,101

CURRENT ASSETS
Stocks 5,722 5,716
Debtors 5 137,670 127,148
Cash at bank and in hand 143,394 51,647
286,786 184,511
CREDITORS
Amounts falling due within one year 6 122,234 109,978
NET CURRENT ASSETS 164,552 74,533
TOTAL ASSETS LESS CURRENT
LIABILITIES

221,375

127,634

CREDITORS
Amounts falling due after more than one
year

7

(70,376

)

(75,373

)

PROVISIONS FOR LIABILITIES 8 (13,638 ) (10,089 )
NET ASSETS 137,361 42,172

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 137,261 42,072
SHAREHOLDERS' FUNDS 137,361 42,172

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

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

KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)

BALANCE SHEET - continued
31 MARCH 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 4 September 2024 and were signed on its behalf by:





Mr D Wilson - Director


KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024

1. STATUTORY INFORMATION

Kudos Manufacturing 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.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% reducing balance and 10% on straight line
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell after making due allowances for obsolete and slow moving items.

Financial instruments
The financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary share which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.


KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
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.

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 6 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 302,100 17,238 17,675 5,286 342,299
Additions 16,799 - - 1,293 18,092
At 31 March 2024 318,899 17,238 17,675 6,579 360,391
DEPRECIATION
At 1 April 2023 252,704 14,522 17,600 4,372 289,198
Charge for year 12,789 680 19 882 14,370
At 31 March 2024 265,493 15,202 17,619 5,254 303,568
NET BOOK VALUE
At 31 March 2024 53,406 2,036 56 1,325 56,823
At 31 March 2023 49,396 2,716 75 914 53,101

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 121,270 113,287
Other debtors 16,400 13,861
137,670 127,148

KUDOS MANUFACTURING LIMITED (REGISTERED NUMBER: 04681317)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,441 4,874
Trade creditors 29,712 27,231
Taxation and social security 71,367 46,238
Other creditors 15,714 31,635
122,234 109,978

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 10,376 15,373
Other creditors 60,000 60,000
70,376 75,373

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 13,638 10,089

Deferred
tax
£   
Balance at 1 April 2023 10,089
Provided during year 3,549
Balance at 31 March 2024 13,638

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100