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REGISTERED NUMBER: 08285042 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

KAM DESIGN (CONTRACTS) LIMITED

KAM DESIGN (CONTRACTS) LIMITED (REGISTERED NUMBER: 08285042)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


KAM DESIGN (CONTRACTS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mrs K E Holderness
D J Holderness
K P Holderness





REGISTERED OFFICE: Lawson House
77b Great George Street
Preston
Lancashire
PR1 1TJ





REGISTERED NUMBER: 08285042 (England and Wales)





ACCOUNTANTS: Streets Turner Limited
Chartered Accountants
9 Victoria Rd
Fulwood
Preston
Lancashire
PR2 8ND

KAM DESIGN (CONTRACTS) LIMITED (REGISTERED NUMBER: 08285042)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 223,517 213,247

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 5 1,992,880 1,933,440
Cash at bank 185,029 537,002
2,179,909 2,472,442
CREDITORS
Amounts falling due within one year 6 782,528 1,182,968
NET CURRENT ASSETS 1,397,381 1,289,474
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,620,898

1,502,721

PROVISIONS FOR LIABILITIES 7 45,232 38,492
NET ASSETS 1,575,666 1,464,229

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,575,665 1,464,228
SHAREHOLDERS' FUNDS 1,575,666 1,464,229

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

KAM DESIGN (CONTRACTS) LIMITED (REGISTERED NUMBER: 08285042)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 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 17 January 2025 and were signed on its behalf by:





K P Holderness - Director


KAM DESIGN (CONTRACTS) LIMITED (REGISTERED NUMBER: 08285042)

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


1. STATUTORY INFORMATION

KAM Design (Contracts) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 15% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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 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.

Lease agreements
As at 30 June 2024 the company had operating lease commitments totalling £14,149 (2023: £17,686).
Non-cancellable operating leases include total future payments due over the term of the lease. These have not been provided for in the financial statements.

KAM DESIGN (CONTRACTS) LIMITED (REGISTERED NUMBER: 08285042)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 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 24 (2023 - 28 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 51,084 504,848 555,932
Additions 36,341 35,939 72,280
Disposals - (16,150 ) (16,150 )
At 30 June 2024 87,425 524,637 612,062
DEPRECIATION
At 1 July 2023 25,639 317,046 342,685
Charge for year 6,550 51,315 57,865
Eliminated on disposal - (12,005 ) (12,005 )
At 30 June 2024 32,189 356,356 388,545
NET BOOK VALUE
At 30 June 2024 55,236 168,281 223,517
At 30 June 2023 25,445 187,802 213,247

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 177,102 316,484
Amounts owed by associates 1,146,204 950,000
Other debtors 172,062 193,385
1,495,368 1,459,869

Amounts falling due after more than one year:
Trade debtors 497,512 473,571

Aggregate amounts 1,992,880 1,933,440

KAM DESIGN (CONTRACTS) LIMITED (REGISTERED NUMBER: 08285042)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 281,724 562,717
Amounts owed to associates 351,168 440,311
Taxation and social security 95,411 152,388
Other creditors 54,225 27,552
782,528 1,182,968

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 45,232 38,492

Deferred
tax
£   
Balance at 1 July 2023 38,492
Charge to Statement of Income and Retained Earnings during year 6,740
movements
Balance at 30 June 2024 45,232