Company Registration No. 13770559 (England and Wales)
K'Dam Project Ltd
Unaudited accounts
for the year ended 31 July 2024
K'Dam Project Ltd
Unaudited accounts
Contents
K'Dam Project Ltd
Company Information
for the year ended 31 July 2024
Company Number
13770559 (England and Wales)
Registered Office
Kings Dam
Gillingham
Beccles
Suffolk
NR34 0LG
Accountants
JF Accounting Services
10 Hewitt Close
Poringland
Norwich
NR14 7FE
K'Dam Project Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
137,048
86,601
Cash at bank and in hand
74,018
29,005
Creditors: amounts falling due within one year
(30,840)
(68,945)
Net current assets
74,949
5,029
Total assets less current liabilities
211,997
91,630
Creditors: amounts falling due after more than one year
(18,078)
-
Provisions for liabilities
Called up share capital
3
3
Profit and loss account
183,644
91,627
Shareholders' funds
183,647
91,630
For the year ending 31 July 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 4 February 2025 and were signed on its behalf by
David Reynolds
Director
Company Registration No. 13770559
K'Dam Project Ltd
Notes to the Accounts
for the year ended 31 July 2024
K'Dam Project Ltd is a private company, limited by shares, registered in England and Wales, registration number 13770559. The registered office is Kings Dam, Gillingham, Beccles, Suffolk, NR34 0LG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
5% straight line
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Fixtures & fittings
25% straight line
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.
K'Dam Project Ltd
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
86,838
196
-
3,773
90,807
Additions
14,730
11,299
39,286
1,802
67,117
At 31 July 2024
101,568
11,495
39,286
5,575
157,924
At 1 August 2023
3,409
23
-
774
4,206
Charge for the year
5,110
2,301
7,859
1,400
16,670
At 31 July 2024
8,519
2,324
7,859
2,174
20,876
At 31 July 2024
93,049
9,171
31,427
3,401
137,048
At 31 July 2023
83,429
173
-
2,999
86,601
Amounts falling due within one year
Trade debtors
30,755
44,140
Accrued income and prepayments
1,016
749
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
6,998
-
Taxes and social security
35,905
37,829
Loans from directors
(15,306)
5,484
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
18,078
-
8
Average number of employees
During the year the average number of employees was 4 (2023: 5).