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Company Registration No. 10508279 (England and Wales)
KESH (NEWPORT) LTD Unaudited accounts for the year ended 31 December 2024
KESH (NEWPORT) LTD Unaudited accounts Contents
Page
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KESH (NEWPORT) LTD Company Information for the year ended 31 December 2024
Director
MENGISTEAB, Efrem Tesfay
Company Number
10508279 (England and Wales)
Registered Office
87B COMMERCIAL STREET COMMERCIAL STREET NEWPORT NP20 1LS WALES
Accountants
XEN ACCOUNTANTS LTD 102 A COMMERCIAL STREET NEWPORT NP20 1LU
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KESH (NEWPORT) LTD Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
2,961 
Current assets
Inventories
40,000 
Cash at bank and in hand
8,816 
48,816 
Creditors: amounts falling due within one year
(20,094)
Net current assets
28,722 
Total assets less current liabilities
31,683 
Creditors: amounts falling due after more than one year
(19,032)
Net assets
12,651 
Capital and reserves
Called up share capital
100 
Profit and loss account
12,551 
Shareholders' funds
12,651 
For the year ending 31 December 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 10 January 2025 and were signed on its behalf by
MENGISTEAB, Efrem Tesfay Director Company Registration No. 10508279
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KESH (NEWPORT) LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
KESH (NEWPORT) LTD is a private company, limited by shares, registered in England and Wales, registration number 10508279. The registered office is 87B COMMERCIAL STREET, COMMERCIAL STREET, NEWPORT, NP20 1LS, WALES.
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 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:
Plant & machinery
15% Straight Line
Fixtures & fittings
15% Straight Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
9,000 
At 31 December 2024
9,000 
Amortisation
At 1 January 2024
9,000 
At 31 December 2024
9,000 
Net book value
At 31 December 2024
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KESH (NEWPORT) LTD Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
14,646 
23,714 
1,780 
40,140 
At 31 December 2024
14,646 
23,714 
1,780 
40,140 
Depreciation
At 1 January 2024
13,330 
20,824 
1,780 
35,934 
Charge for the year
282 
963 
- 
1,245 
At 31 December 2024
13,612 
21,787 
1,780 
37,179 
Net book value
At 31 December 2024
1,034 
1,927 
- 
2,961 
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
5,964 
Trade creditors
2,988 
Taxes and social security
10,841 
Accruals
301 
20,094 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
15,032 
Loans from directors
4,000 
19,032 
8
Average number of employees
During the year the average number of employees was 1.
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