Company Registration No. 06239944 (England and Wales)
K & E Commercials Limited
Unaudited accounts
for the year ended 31 May 2024
K & E Commercials Limited
Unaudited accounts
Contents
K & E Commercials Limited
Company Information
for the year ended 31 May 2024
Directors
Keith Jenkins
Elizabeth Jenkins
Company Number
06239944 (England and Wales)
Registered Office
41, Heol Morfa
Village Farm Industrial Estate
Pyle, Bridgend
CF33 6BP
Accountants
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
K & E Commercials Limited
Statement of financial position
as at 31 May 2024
Tangible assets
189,259
191,155
Cash at bank and in hand
38,957
43,930
Creditors: amounts falling due within one year
(149,809)
(133,538)
Net current liabilities
(38,565)
(40,540)
Net assets
150,694
150,615
Called up share capital
1,000
1,000
Profit and loss account
149,694
149,615
Shareholders' funds
150,694
150,615
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2025 and were signed on its behalf by
Keith Jenkins
Director
Company Registration No. 06239944
K & E Commercials Limited
Notes to the Accounts
for the year ended 31 May 2024
K & E Commercials Limited is a private company, limited by shares, registered in England and Wales, registration number 06239944. The registered office is 41, Heol Morfa, Village Farm Industrial Estate, Pyle, Bridgend, CF33 6BP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
181,673
1,058
15,162
197,893
At 31 May 2024
181,673
1,058
15,162
197,893
At 1 June 2023
-
212
6,526
6,738
Charge for the year
-
169
1,727
1,896
At 31 May 2024
-
381
8,253
8,634
At 31 May 2024
181,673
677
6,909
189,259
At 31 May 2023
181,673
846
8,636
191,155
Amounts falling due within one year
Trade debtors
70,837
47,618
K & E Commercials Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
13,538
8,953
Taxes and social security
2,668
-
Other creditors
4,631
8,261
Loans from directors
118,575
110,749
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).