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REGISTERED NUMBER: 06810910 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

K T M Care Ltd

K T M Care Ltd (Registered number: 06810910)

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










Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


K T M Care Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: K Austin
P J Austin





REGISTERED OFFICE: 8 Angora Business Park
Peartree Road
Stanway
Colchester
Essex
CO3 0AB





REGISTERED NUMBER: 06810910 (England and Wales)





ACCOUNTANTS: JTF
Chartered Certified Accountants
Electra House
1A Gilberd Road
Colchester
Essex
CO2 7LR

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
K T M Care Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of K T M Care Ltd for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of K T M Care Ltd, as a body, in accordance with the terms of our engagement letter dated 15 April 2010. Our work has been undertaken solely to prepare for your approval the financial statements of K T M Care Ltd and state those matters that we have agreed to state to the Board of Directors of K T M Care Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that K T M Care Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of K T M Care Ltd. You consider that K T M Care Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of K T M Care Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






JTF
Chartered Certified Accountants
Electra House
1A Gilberd Road
Colchester
Essex
CO2 7LR


24 January 2025

K T M Care Ltd (Registered number: 06810910)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 68,792 44,050

CURRENT ASSETS
Debtors 5 145,074 125,100
Cash at bank and in hand 25,106 33,270
170,180 158,370
CREDITORS
Amounts falling due within one year 6 159,059 104,831
NET CURRENT ASSETS 11,121 53,539
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,913

97,589

CREDITORS
Amounts falling due after more than one
year

7

99,334

140,070
NET LIABILITIES (19,421 ) (42,481 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (19,431 ) (42,491 )
SHAREHOLDERS' FUNDS (19,421 ) (42,481 )

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.

K T M Care Ltd (Registered number: 06810910)

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 Income Statement has not been delivered.

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:





K Austin - Director


K T M Care Ltd (Registered number: 06810910)

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


1. STATUTORY INFORMATION

K T M Care Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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
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.

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

K T M Care Ltd (Registered number: 06810910)

Notes to the Financial Statements - continued
for the Year Ended 30 April 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 43 (2023 - 34 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 98,228
Additions 38,813
Disposals (13,342 )
At 30 April 2024 123,699
DEPRECIATION
At 1 May 2023 54,650
Charge for year 13,599
Eliminated on disposal (13,342 )
At 30 April 2024 54,907
NET BOOK VALUE
At 30 April 2024 68,792
At 30 April 2023 43,578

K T M Care Ltd (Registered number: 06810910)

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


4. TANGIBLE FIXED ASSETS - continued

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

Plant and
machinery
etc
£   
COST
At 1 May 2023 3,580
Disposals (3,580 )
At 30 April 2024 -
DEPRECIATION
At 1 May 2023 3,580
Eliminated on disposal (3,580 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 118,315 98,601
Other debtors 26,759 26,499
145,074 125,100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 15,150 9,851
Hire purchase contracts (see note 8) - 565
Trade creditors 1,631 4,115
Taxation and social security 7,714 7,440
Other creditors 134,564 82,860
159,059 104,831

K T M Care Ltd (Registered number: 06810910)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 16,523 26,630
Other creditors 82,811 113,440
99,334 140,070

Amounts falling due in more than five years:

Repayable by instalments
Other loans - 19,568

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
30.4.24 30.4.23
£    £   
Net obligations repayable:
Within one year - 565

Non-cancellable operating leases
30.4.24 30.4.23
£    £   
Within one year 27,000 23,984
Between one and five years 96,750 -
123,750 23,984

9. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts - 565

Liabilities arising under hire purchase agreements are secured on the assets to which they relate.

10. GOING CONCERN

At the balance sheet date the company had net liabilities. The directors' actions to reduce the company's costs have returned the company to a profitable position. It is generating positive cashflows which the directors consider to be sufficient to provide the required level of working capital and meet the repayments due on its borrowings for at least 12 months from the date of signing the accounts. Therefore the directors consider that the company is a going concern.