IRIS Accounts Production v24.3.2.46 04737950 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047379502023-04-30047379502024-04-30047379502023-05-012024-04-30047379502022-04-30047379502022-05-012023-04-30047379502023-04-3004737950ns15:EnglandWales2023-05-012024-04-3004737950ns14:PoundSterling2023-05-012024-04-3004737950ns10:Director12023-05-012024-04-3004737950ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3004737950ns10:SmallEntities2023-05-012024-04-3004737950ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3004737950ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3004737950ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3004737950ns10:FullAccounts2023-05-012024-04-300473795012023-05-012024-04-3004737950ns10:Director22023-05-012024-04-3004737950ns10:Director32023-05-012024-04-3004737950ns10:CompanySecretary12023-05-012024-04-3004737950ns10:RegisteredOffice2023-05-012024-04-3004737950ns5:CurrentFinancialInstruments2024-04-3004737950ns5:CurrentFinancialInstruments2023-04-3004737950ns5:ShareCapital2024-04-3004737950ns5:ShareCapital2023-04-3004737950ns5:CapitalRedemptionReserve2024-04-3004737950ns5:CapitalRedemptionReserve2023-04-3004737950ns5:RetainedEarningsAccumulatedLosses2024-04-3004737950ns5:RetainedEarningsAccumulatedLosses2023-04-3004737950ns5:NetGoodwill2023-05-012024-04-3004737950ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3004737950ns5:LeaseholdImprovements2023-05-012024-04-3004737950ns5:PlantMachinery2023-05-012024-04-3004737950ns5:FurnitureFittings2023-05-012024-04-3004737950ns5:MotorVehicles2023-05-012024-04-3004737950ns5:NetGoodwill2023-04-3004737950ns5:NetGoodwill2024-04-3004737950ns5:NetGoodwill2023-04-3004737950ns5:LeaseholdImprovements2023-04-3004737950ns5:PlantMachinery2023-04-3004737950ns5:FurnitureFittings2023-04-3004737950ns5:MotorVehicles2023-04-3004737950ns5:LeaseholdImprovements2024-04-3004737950ns5:PlantMachinery2024-04-3004737950ns5:FurnitureFittings2024-04-3004737950ns5:MotorVehicles2024-04-3004737950ns5:LeaseholdImprovements2023-04-3004737950ns5:PlantMachinery2023-04-3004737950ns5:FurnitureFittings2023-04-3004737950ns5:MotorVehicles2023-04-3004737950ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3004737950ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 04737950 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

KAS Shopfitting Limited

KAS Shopfitting Limited (Registered number: 04737950)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KAS Shopfitting Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: BJ Brandon
J Brandon
S Brandon





SECRETARY: J Brandon





REGISTERED OFFICE: Normandy Lane
Chelworth Industrial Estate
Cricklade
Swindon
Wiltshire
SN6 6HQ





REGISTERED NUMBER: 04737950 (England and Wales)





ACCOUNTANTS: Morley & Co (UK) Ltd
Chartered Certified Accountants,
2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY

KAS Shopfitting Limited (Registered number: 04737950)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 29,618 3,097
29,618 3,097

CURRENT ASSETS
Stocks 340,382 314,827
Debtors 6 50,832 111,871
Cash at bank and in hand 220,669 202,466
611,883 629,164
CREDITORS
Amounts falling due within one year 7 149,911 181,543
NET CURRENT ASSETS 461,972 447,621
TOTAL ASSETS LESS CURRENT
LIABILITIES

491,590

450,718

PROVISIONS FOR LIABILITIES 5,805 774
NET ASSETS 485,785 449,944

CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 26 26
Retained earnings 485,659 449,818
SHAREHOLDERS' FUNDS 485,785 449,944

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

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

KAS Shopfitting Limited (Registered number: 04737950)

Balance Sheet - continued
30 April 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 29 January 2025 and were signed on its behalf by:





S Brandon - Director


KAS Shopfitting Limited (Registered number: 04737950)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

KAS Shopfitting 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Website - 25% on cost
Plant and machinery - 25% on cost
Office Equipment - 25% on cost
Motor vehicles - 25% on cost

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 balance sheet date.


KAS Shopfitting Limited (Registered number: 04737950)

Notes to the Financial Statements - continued
for the Year Ended 30 April 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Financial instruments
Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 35,000
AMORTISATION
At 1 May 2023
and 30 April 2024 35,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

KAS Shopfitting Limited (Registered number: 04737950)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Plant and Office Motor
Website machinery Equipment vehicles Totals
£    £    £    £    £   
COST
At 1 May 2023 1,993 9,226 18,293 19,710 49,222
Additions - 29,260 440 - 29,700
Disposals - - - (3,500 ) (3,500 )
At 30 April 2024 1,993 38,486 18,733 16,210 75,422
DEPRECIATION
At 1 May 2023 1,993 8,228 16,194 19,710 46,125
Charge for year - 998 2,181 - 3,179
Eliminated on disposal - - - (3,500 ) (3,500 )
At 30 April 2024 1,993 9,226 18,375 16,210 45,804
NET BOOK VALUE
At 30 April 2024 - 29,260 358 - 29,618
At 30 April 2023 - 998 2,099 - 3,097

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade Debtors 39,594 101,835
Prepayments 11,238 10,036
50,832 111,871

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 114,712 127,809
Taxation and social security 30,814 48,881
Other creditors 4,385 4,853
149,911 181,543