Registered number
08577325
K.H. CLAD LTD
Filleted Accounts
31 July 2024
K.H. CLAD LTD
Registered number: 08577325
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 33,071 38,075
Current assets
Debtors 4 177,038 33,357
Cash at bank and in hand 1,058 141,787
178,096 175,144
Creditors: amounts falling due within one year 5 (173,449) (144,081)
Net current assets 4,647 31,063
Net assets 37,718 69,138
Capital and reserves
Called up share capital 100 100
Profit and loss account 37,618 69,038
Shareholders' funds 37,718 69,138
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
K Halliwell
Director
Approved by the board on 27 January 2025
K.H. CLAD LTD
Notes to the Accounts
for the period from 31 July 2023 to 31 July 2024
1 Accounting policies
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 31 July 2023 32,210 5,965 19,995 58,170
At 31 July 2024 32,210 5,965 19,995 58,170
Depreciation
At 31 July 2023 8,055 4,229 7,811 20,095
Charge for the period 1,611 347 3,046 5,004
At 31 July 2024 9,666 4,576 10,857 25,099
Net book value
At 31 July 2024 22,544 1,389 9,138 33,071
At 30 July 2023 24,155 1,736 12,184 38,075
4 Debtors 2024 2023
£ £
CIS debtor 177,038 32,357
Other debtors - 1,000
177,038 33,357
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 137,706 36,418
Director's account 28,502 106,066
Accruals 3,480 5,108
VAT (1,399) (5,031)
PAYE 5,160 1,520
173,449 144,081
6 Other information
K.H. CLAD LTD is a private company limited by shares and incorporated in England. Its registered office is:
10 Moreton Close
Dukinfield
Cheshire
SK16 5RD
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