Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29false3true2023-03-01Freight Transport3trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09459428 2023-03-01 2024-02-29 09459428 2022-03-01 2023-02-28 09459428 2024-02-29 09459428 2023-02-28 09459428 c:Director1 2023-03-01 2024-02-29 09459428 d:PlantMachinery 2023-03-01 2024-02-29 09459428 d:PlantMachinery 2024-02-29 09459428 d:PlantMachinery 2023-02-28 09459428 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 09459428 d:MotorVehicles 2023-03-01 2024-02-29 09459428 d:MotorVehicles 2024-02-29 09459428 d:MotorVehicles 2023-02-28 09459428 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 09459428 d:OfficeEquipment 2023-03-01 2024-02-29 09459428 d:OfficeEquipment 2024-02-29 09459428 d:OfficeEquipment 2023-02-28 09459428 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 09459428 d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 09459428 d:CurrentFinancialInstruments 2024-02-29 09459428 d:CurrentFinancialInstruments 2023-02-28 09459428 d:Non-currentFinancialInstruments 2024-02-29 09459428 d:Non-currentFinancialInstruments 2023-02-28 09459428 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 09459428 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 09459428 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 09459428 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 09459428 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-02-29 09459428 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-02-28 09459428 d:ShareCapital 2024-02-29 09459428 d:ShareCapital 2023-02-28 09459428 d:RetainedEarningsAccumulatedLosses 2024-02-29 09459428 d:RetainedEarningsAccumulatedLosses 2023-02-28 09459428 c:FRS102 2023-03-01 2024-02-29 09459428 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 09459428 c:FullAccounts 2023-03-01 2024-02-29 09459428 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09459428 d:HirePurchaseContracts d:WithinOneYear 2024-02-29 09459428 d:HirePurchaseContracts d:WithinOneYear 2023-02-28 09459428 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-02-29 09459428 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-02-28 09459428 2 2023-03-01 2024-02-29 09459428 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 09459428










KPT RELIEF SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
KPT RELIEF SERVICES LIMITED
REGISTERED NUMBER: 09459428

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
213,891
339,357

  
213,891
339,357

Current assets
  

Debtors: amounts falling due within one year
 5 
74,888
138,639

Cash at bank and in hand
 6 
10
6

  
74,898
138,645

Creditors: amounts falling due within one year
 7 
(257,438)
(333,606)

Net current liabilities
  
 
 
(182,540)
 
 
(194,961)

Total assets less current liabilities
  
31,351
144,396

Creditors: amounts falling due after more than one year
  
(15,520)
(44,284)

Provisions for liabilities
  

Deferred tax
  
(40,261)
-

  
 
 
(40,261)
 
 
-

Net (liabilities)/assets
  
(24,430)
100,112


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
(24,730)
99,812

  
(24,430)
100,112


Page 1

 
KPT RELIEF SERVICES LIMITED
REGISTERED NUMBER: 09459428
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 November 2024.




Kathryn Loake
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
KPT RELIEF SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

KPT Relief Services Limited is a private limited company, limited by shares, incorporated in England and Wales, with a registered office and principal place of business at 37 Meadowvale, Barley Meadows, Llanymynech, England, SY22 6JX.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

These accounts have been prepared on the going conceren basis on the understanding that the director will continue to support the ongoing trade of the business.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
KPT RELIEF SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
15% reducing balance
Motor vehicles
-
15% reducing balance
Office equipment
-
15% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
KPT RELIEF SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 5

 
KPT RELIEF SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Tangible fixed assets







Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 March 2023
471,837
30,624
1,120
503,581


Additions
33,720
-
-
33,720


Disposals
(257,337)
(30,624)
-
(287,961)



At 29 February 2024

248,220
-
1,120
249,340



Depreciation


At 1 March 2023
150,827
13,397
-
164,224


Charge for the year on owned assets
35,281
-
168
35,449


Disposals
(150,827)
(13,397)
-
(164,224)



At 29 February 2024

35,281
-
168
35,449



Net book value



At 29 February 2024
212,939
-
952
213,891



At 28 February 2023
321,010
17,227
1,120
339,357

Page 6

 
KPT RELIEF SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
48,126
59,949

Other debtors
10,707
77,330

Prepayments and accrued income
16,055
1,360

74,888
138,639



6.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
10
6

Less: bank overdrafts
(3,925)
(20,801)

(3,915)
(20,795)



7.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Bank overdrafts
3,925
20,801

Bank loans
4,988
19,064

Trade creditors
64,082
79,539

Corporation tax
9,864
-

Other taxation and social security
1,051
-

Obligations under finance lease and hire purchase contracts
29,936
35,364

Other creditors
140,092
183,444

Accruals and deferred income
3,500
(4,606)

257,438
333,606


Page 7

 
KPT RELIEF SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

8.


Creditors: Amounts falling due after more than one year

29 February
28 February
2024
2023
£
£

Bank loans
6,262
44,284

Net obligations under finance leases and hire purchase contracts
9,258
-

15,520
44,284



9.


Loans


Analysis of the maturity of loans is given below:


29 February
28 February
2024
2023
£
£

Amounts falling due within one year

Bank loans
4,988
19,064


4,988
19,064

Amounts falling due 1-2 years

Bank loans
6,262
44,284


6,262
44,284



11,250
63,348



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

29 February
28 February
2024
2023
£
£


Within one year
29,936
35,364

Between 1-5 years
15,519
44,284

45,455
79,648

 
Page 8