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REGISTERED NUMBER: 07753211 (England and Wales)















Abridged Unaudited Financial Statements for the Year Ended 31 August 2024

for

K Door Aluminium Limited

K Door Aluminium Limited (Registered number: 07753211)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


K Door Aluminium Limited

Company Information
for the year ended 31 August 2024







DIRECTOR: P McGee





REGISTERED OFFICE: Unit 13, Berkeley Business Park
Turner Street
Ashton-under-Lyne
Lancashire
OL6 8LB





REGISTERED NUMBER: 07753211 (England and Wales)





ACCOUNTANTS: S & A Buckley Limited
22 Silverthorne Close
Stalybridge
Cheshire
SK15 2DQ

K Door Aluminium Limited (Registered number: 07753211)

Abridged Statement of Financial Position
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,499 10,761

CURRENT ASSETS
Stocks 4,850 2,320
Debtors 94,529 73,978
Cash at bank and in hand 71,207 55,665
170,586 131,963
CREDITORS
Amounts falling due within one year 130,416 79,059
NET CURRENT ASSETS 40,170 52,904
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,669

63,665

CREDITORS
Amounts falling due after more than one year (15,521 ) (10,893 )

PROVISIONS FOR LIABILITIES (3,705 ) (2,045 )
NET ASSETS 40,443 50,727

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 40,343 50,627
SHAREHOLDERS' FUNDS 40,443 50,727

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Door Aluminium Limited (Registered number: 07753211)

Abridged Statement of Financial Position - continued
31 August 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Statement of Financial Position for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 director and authorised for issue on 17 January 2025 and were signed by:





P McGee - Director


K Door Aluminium Limited (Registered number: 07753211)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

K Door Aluminium 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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 15% 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

K Door Aluminium Limited (Registered number: 07753211)

Notes to the Financial Statements - continued
for the year ended 31 August 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. 5

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023 29,594
Additions 14,998
Disposals (2,125 )
At 31 August 2024 42,467
DEPRECIATION
At 1 September 2023 18,833
Charge for year 5,882
Eliminated on disposal (1,747 )
At 31 August 2024 22,968
NET BOOK VALUE
At 31 August 2024 19,499
At 31 August 2023 10,761

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
Additions 14,498
At 31 August 2024 14,498
DEPRECIATION
Charge for year 3,625
At 31 August 2024 3,625
NET BOOK VALUE
At 31 August 2024 10,873

K Door Aluminium Limited (Registered number: 07753211)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 10,789 14,782
Hire purchase contracts 11,661 -
22,450 14,782

The Bank loan is fully secured by a government backed guarantee under the Bounce Back Loan Scheme.

6. RELATED PARTY DISCLOSURES

During the year, total dividends of £38,000 (2023 - £38,000) were paid to the director .

7. ULTIMATE CONTROLLING PARTY

The controlling party is P McGee.