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REGISTERED NUMBER: 11433593 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

KPDL Ltd

KPDL Ltd (Registered number: 11433593)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


KPDL Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr P D Marquis
Mr K Koutsokostas





REGISTERED OFFICE: 19 Park Street
Lytham
Lancashire
FY8 5LU





REGISTERED NUMBER: 11433593 (England and Wales)





ACCOUNTANTS: Ashworth Treasure Limited
Chartered Accountants
17-19 Park Street
Lytham
Lancashire
FY8 5LU

KPDL Ltd (Registered number: 11433593)

Abridged Balance Sheet
30 June 2024

2024 2023
£    £   
CURRENT ASSETS
Stocks 199,378 732,808
Debtors 281,987 24,915
Cash at bank 22,150 68,686
503,515 826,409
CREDITORS
Amounts falling due within one year 156,457 642,501
NET CURRENT ASSETS 347,058 183,908
TOTAL ASSETS LESS CURRENT
LIABILITIES

347,058

183,908

CREDITORS
Amounts falling due after more than one
year

9,167

19,167
NET ASSETS 337,891 164,741

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 337,791 164,641
337,891 164,741

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

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 3 February 2025 and were signed on its behalf by:





Mr K Koutsokostas - Director


KPDL Ltd (Registered number: 11433593)

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

1. STATUTORY INFORMATION

KPDL 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.

Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Development properties are recorded at cost. Land held for development, including land in the course of development until legal completion of sale, is recorded at cost, includes associated acquisition costs and contains no addition for overheads.

Costs include direct materials and consumables, subcontract work, other direct costs and those overheads that have been incurred in bringing the inventories to their present location and condition, including lending fees and charges where they relate directly to each particular project.

Housing stocks are valued at the lower of cost and net realisable value.

Work in progress is valued at prime cost of labour and materials with an addition for overheads other than those for general administration.

Provisions are made, where appropriate, to reduce the value of stocks and work in progress to estimated realisable value. Net realisable value is assessed by estimating selling prices and costs to complete.

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, measured using tax rates 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.

3. EMPLOYEES AND DIRECTORS

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

KPDL Ltd (Registered number: 11433593)

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

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
Mr P D Marquis
Balance outstanding at start of year 20,000 12,000
Amounts advanced - 20,000
Amounts repaid (20,000 ) (12,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 20,000

A loan was outstanding at the year end owed to the director Mr K Koutsokostas, the total owed at the year end to Mr K Koutsokostas was £58,000 (2023: £491,500) included in creditors within one year.

Interest is charged on overdrawn balances at the beneficial rate.

5. RELATED PARTY DISCLOSURES

Included in other debtors is an amount of £190,000 (2023: NIL) which relates to an intercompany loan paid to PDM Industries Limited, a company owned by the director Mr Peter Marquis. This is repayable on demand.