Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 July 2023 false 17 March 2025 1 January 2024 31 December 2024 31 December 2024 13811010 N Buckland Kefla-Glas GMBH & CO.KG true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13811010 2023-12-31 13811010 2024-12-31 13811010 2024-01-01 2024-12-31 13811010 frs-core:CurrentFinancialInstruments 2024-12-31 13811010 frs-core:MotorVehicles 2024-12-31 13811010 frs-core:MotorVehicles 2024-01-01 2024-12-31 13811010 frs-core:MotorVehicles 2023-12-31 13811010 frs-core:ShareCapital 2024-12-31 13811010 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13811010 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13811010 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13811010 frs-bus:SmallEntities 2024-01-01 2024-12-31 13811010 frs-bus:Audited 2024-01-01 2024-12-31 13811010 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13811010 1 2024-01-01 2024-12-31 13811010 frs-bus:Director1 2024-01-01 2024-12-31 13811010 frs-countries:EnglandWales 2024-01-01 2024-12-31 13811010 2023-06-30 13811010 2023-12-31 13811010 2023-07-01 2023-12-31 13811010 frs-core:CurrentFinancialInstruments 2023-12-31 13811010 frs-core:ShareCapital 2023-12-31 13811010 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13811010
Kefla UK Ltd.
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 13811010
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 54,810 -
54,810 -
CURRENT ASSETS
Debtors 5 16,891 10,620
Cash at bank and in hand 1,552 7,003
18,443 17,623
Creditors: Amounts Falling Due Within One Year 6 (59,248 ) (17,407 )
NET CURRENT ASSETS (LIABILITIES) (40,805 ) 216
TOTAL ASSETS LESS CURRENT LIABILITIES 14,005 216
PROVISIONS FOR LIABILITIES
Deferred Taxation (378 ) -
NET ASSETS 13,627 216
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement 13,527 116
SHAREHOLDERS' FUNDS 13,627 216
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
N Buckland
Director
17th March 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Kefla UK Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 13811010 . The registered office is Whiteleaf Business Centre, 11 Little Balmer, Buckingham, MK18 1TF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% Reducing Balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 2
Page 3
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 January 2024 -
Additions 56,700
As at 31 December 2024 56,700
Depreciation
As at 1 January 2024 -
Provided during the period 1,890
As at 31 December 2024 1,890
Net Book Value
As at 31 December 2024 54,810
As at 1 January 2024 -
5. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 13,905 9,277
Other debtors 2,986 1,343
16,891 10,620
6. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 780 668
Bank loans and overdrafts 41,813 -
Other creditors 6,000 8,242
Taxation and social security 10,655 8,497
59,248 17,407
Page 3
Page 4
7. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
9. Ultimate Controlling Party
The company's ultimate controlling party is Kefla-Glas GMBH & CO.KG , which is incorporated in Germany.
10. Audit Information
The auditor's report on the accounts of Kefla UK Ltd. for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Richard V Griggs (Senior Statutory Auditor) for and on behalf of Lancasters (Accountants) Limited , Statutory Auditor.
Lancasters (Accountants) Limited
Chartered Accountants & Registered Auditor
Manor Courtyard
Aston Sandford
Buckinghamshire
HP17 8JB
Page 4