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Company Registration No. 10794439 (England and Wales)
KAPE&PAN LIMITED Unaudited accounts for the year ended 30 April 2024
KAPE&PAN LIMITED Unaudited accounts Contents
Page
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KAPE&PAN LIMITED Company Information for the year ended 30 April 2024
Directors
Rosemary Motley David Motley Nigel Motley
Company Number
10794439 (England and Wales)
Registered Office
95 CONSFIELD AVENUE NEW MALDEN KT3 6HE UNITED KINGDOM
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KAPE&PAN LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
34,057 
40,784 
Current assets
Inventories
24,000 
19,000 
Debtors
15,333 
13,828 
Cash at bank and in hand
21,794 
9,996 
61,127 
42,824 
Creditors: amounts falling due within one year
(68,237)
(39,420)
Net current (liabilities)/assets
(7,110)
3,404 
Total assets less current liabilities
26,947 
44,188 
Creditors: amounts falling due after more than one year
(61,295)
(66,326)
Provisions for liabilities
Deferred tax
(8,467)
(7,749)
Net liabilities
(42,815)
(29,887)
Capital and reserves
Called up share capital
4,000 
4,000 
Profit and loss account
(46,815)
(33,887)
Shareholders' funds
(42,815)
(29,887)
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2025 and were signed on its behalf by
Nigel Motley Director Company Registration No. 10794439
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KAPE&PAN LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
KAPE&PAN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10794439. The registered office is 95 CONSFIELD AVENUE, NEW MALDEN, KT3 6HE, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance basis
Fixtures & fittings
20% reducing balance basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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KAPE&PAN LIMITED Notes to the Accounts for the year ended 30 April 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
56,621 
31,895 
88,516 
Additions
1,022 
570 
1,592 
At 30 April 2024
57,643 
32,465 
90,108 
Depreciation
At 1 May 2023
29,436 
18,296 
47,732 
Charge for the year
5,485 
2,834 
8,319 
At 30 April 2024
34,921 
21,130 
56,051 
Net book value
At 30 April 2024
22,722 
11,335 
34,057 
At 30 April 2023
27,185 
13,599 
40,784 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
2,583 
- 
Other debtors
12,750 
13,828 
15,333 
13,828 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
55,527 
21,036 
VAT
6,563 
4,538 
Taxes and social security
466 
670 
Other creditors
89 
4,520 
Loans from directors
5,382 
8,046 
Accruals
210 
610 
68,237 
39,420 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
61,295 
66,326 
Long term loans include a Bounce Back Loan of £33,687.
8
Transactions with related parties
Debtors include a balance of £Nil (2022 - £121) which was owed by the directors, the loan has been repaid post year end date.
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KAPE&PAN LIMITED Notes to the Accounts for the year ended 30 April 2024
9
Average number of employees
During the year the average number of employees was 7 (2023: 4).
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