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REGISTERED NUMBER: 09208867 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Kesel Construction (UK) Ltd

Kesel Construction (UK) Ltd (Registered number: 09208867)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

Kesel Construction (UK) Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: KJ Murphy
L Slevin





REGISTERED OFFICE: c/o Charnwood Accountants
The Point, Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ





REGISTERED NUMBER: 09208867 (England and Wales)





ACCOUNTANTS: Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ

Kesel Construction (UK) Ltd (Registered number: 09208867)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 88,136 105,652

CURRENT ASSETS
Debtors 5 727,099 340,477
Cash at bank 64,421 35,484
791,520 375,961
CREDITORS
Amounts falling due within one year 6 553,566 174,755
NET CURRENT ASSETS 237,954 201,206
TOTAL ASSETS LESS CURRENT
LIABILITIES

326,090

306,858

CREDITORS
Amounts falling due after more than one year 7 30,885 68,465
NET ASSETS 295,205 238,393

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 295,105 238,293
SHAREHOLDERS' FUNDS 295,205 238,393

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.

Kesel Construction (UK) Ltd (Registered number: 09208867)

Balance Sheet - continued
30 June 2024


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 27 February 2025 and were signed on its behalf by:





L Slevin - Director


Kesel Construction (UK) Ltd (Registered number: 09208867)

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

1. STATUTORY INFORMATION

Kesel Construction (UK) 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

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 2 (2023 - 2 ) .

Kesel Construction (UK) Ltd (Registered number: 09208867)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 78,125 872 70,242 10,424 159,663
Additions - - - 7,264 7,264
At 30 June 2024 78,125 872 70,242 17,688 166,927
DEPRECIATION
At 1 July 2023 12,067 608 34,218 7,118 54,011
Charge for year 13,212 66 9,006 2,496 24,780
At 30 June 2024 25,279 674 43,224 9,614 78,791
NET BOOK VALUE
At 30 June 2024 52,846 198 27,018 8,074 88,136
At 30 June 2023 66,058 264 36,024 3,306 105,652

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 393,358 244,716
Amounts recoverable on contract 329,411 83,078
Other debtors 4,330 12,683
727,099 340,477

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 27,578 27,578
Trade creditors 362,072 53,426
Amounts owed to group undertakings 42,000 -
Taxation and social security 30,086 1,324
Other creditors 81,830 82,427
553,566 174,755

Kesel Construction (UK) Ltd (Registered number: 09208867)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 12,500 22,502
Hire purchase contracts 18,385 45,963
30,885 68,465

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

Purchases of £nil (2023: £nil) were made from related parties during the year.

Sales of £420 (2023: £nil) were made to related parties during the year.

10. ULTIMATE CONTROLLING PARTY

K Murphy and L Slevin are also directors and shareholders of Kesel Construction Limited, a company which owns 100% of the issued share capital of Kesel Construction (UK) Limited.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Kesel Construction (UK) Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kesel Construction (UK) Ltd for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Kesel Construction (UK) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kesel Construction (UK) Ltd and state those matters that we have agreed to state to the Board of Directors of Kesel Construction (UK) Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Kesel Construction (UK) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kesel Construction (UK) Ltd. You consider that Kesel Construction (UK) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kesel Construction (UK) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ


27 February 2025