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Company Registration No. 9557981 (England and Wales)
KMG FACILITIES LTD Unaudited accounts for the year ended 30 April 2024
KMG FACILITIES LTD Unaudited accounts Contents
Page
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KMG FACILITIES LTD Company Information for the year ended 30 April 2024
Director
Olumiyiwa Onibiyo Kajopaye
Company Number
9557981 (England and Wales)
Registered Office
8 BARNES AVENUE STOCKPORT SK4 4DR ENGLAND
Accountants
Adewale Solomon Odegbesan Msc , FCCA , FCA ,Bsc Gramosol Limited 53 Horse Chestnut Drive Manchester M9 7FU
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KMG FACILITIES LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3 
3 
Current assets
Inventories
3,760 
2,860 
Debtors
151,208 
145,213 
154,968 
148,073 
Creditors: amounts falling due within one year
(60,943)
(55,908)
Net current assets
94,025 
92,165 
Total assets less current liabilities
94,028 
92,168 
Creditors: amounts falling due after more than one year
(13,500)
(19,500)
Net assets
80,528 
72,668 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
79,528 
71,668 
Shareholders' funds
80,528 
72,668 
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 director acknowledges his 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 and authorised for issue on 30 January 2025 and were signed on its behalf by
Olumiyiwa Onibiyo Kajopaye Director Company Registration No. 9557981
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KMG FACILITIES LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
KMG FACILITIES LTD is a private company, limited by shares, registered in England and Wales, registration number 9557981. The registered office is 8 BARNES AVENUE, STOCKPORT, SK4 4DR, ENGLAND.
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.
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:
Fixtures & fittings
F&F
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
3 
At 30 April 2024
3 
Depreciation
At 30 April 2024
- 
Net book value
At 30 April 2024
3 
At 30 April 2023
3 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
135,727 
133,287 
Accrued income and prepayments
15,481 
11,926 
151,208 
145,213 
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KMG FACILITIES LTD Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
29,959 
29,314 
VAT
6,648 
20,978 
Trade creditors
22,536 
5,616 
Taxes and social security
1,800 
- 
60,943 
55,908 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,500 
19,500 
8
Average number of employees
During the year the average number of employees was 23 (2023: 23).
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