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REGISTERED NUMBER: 08741791 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

KJE Engineering Ltd

KJE Engineering Ltd (Registered number: 08741791)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KJE Engineering Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: C P Jones
S H Walker





SECRETARY:





REGISTERED OFFICE: 122 Winchcombe Street
Cheltenham
Gloucestershire
GL52 2NW





REGISTERED NUMBER: 08741791 (England and Wales)





ACCOUNTANTS: Crossley and Co.
122 Winchcombe Street
Cheltenham
Gloucestershire
GL52 2NW

KJE Engineering Ltd (Registered number: 08741791)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 263,262 175,246

CURRENT ASSETS
Stocks 145,024 184,040
Debtors 5 241,640 183,354
Cash at bank 392,255 509,575
778,919 876,969
CREDITORS
Amounts falling due within one year 6 261,717 350,953
NET CURRENT ASSETS 517,202 526,016
TOTAL ASSETS LESS CURRENT
LIABILITIES

780,464

701,262

CREDITORS
Amounts falling due after more than one
year

7

(121,262

)

(155,956

)

PROVISIONS FOR LIABILITIES (46,171 ) (44,702 )
NET ASSETS 613,031 500,604

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 613,021 500,594
SHAREHOLDERS' FUNDS 613,031 500,604

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

KJE Engineering Ltd (Registered number: 08741791)

Balance Sheet - continued
31 December 2023


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 31 December 2024 and were signed on its behalf by:





S H Walker - Director


KJE Engineering Ltd (Registered number: 08741791)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

KJE Engineering 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.

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

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

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 11 (2022 - NIL ) .

KJE Engineering Ltd (Registered number: 08741791)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 473,222
Additions 122,657
At 31 December 2023 595,879
DEPRECIATION
At 1 January 2023 297,976
Charge for year 34,641
At 31 December 2023 332,617
NET BOOK VALUE
At 31 December 2023 263,262
At 31 December 2022 175,246

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 204,596 148,768
Other debtors 37,044 34,586
241,640 183,354

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 160,566 110,896
Taxation and social security 101,150 230,482
Other creditors 1 9,575
261,717 350,953

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 83,186 114,324
Other creditors 38,076 41,632
121,262 155,956

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 38,076 41,632