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REGISTERED NUMBER: 12727463 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

KGS Groundworks & Property Maintenance
Ltd

KGS Groundworks & Property Maintenance
Ltd (Registered number: 12727463)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

KGS Groundworks & Property Maintenance
Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mr K W Hepple
Mr K Hepple





SECRETARY:





REGISTERED OFFICE: 21 Larkspur
Dosthill
Tamworth
B77 1PR





REGISTERED NUMBER: 12727463 (England and Wales)





ACCOUNTANTS: Screatons Ltd
Former Atherstone College
Ratcliffe Road
Atherstone
Warwickshire
CV9 1LF

KGS Groundworks & Property Maintenance
Ltd (Registered number: 12727463)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,542 10,976

CURRENT ASSETS
Cash at bank 744 3,707

CREDITORS
Amounts falling due within one year 5 6,853 9,289
NET CURRENT LIABILITIES (6,109 ) (5,582 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(567

)

5,394

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 7 (568 ) 5,393
SHAREHOLDERS' FUNDS (567 ) 5,394

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 25 April 2025 and were signed on its behalf by:





Mr K W Hepple - Director


KGS Groundworks & Property Maintenance
Ltd (Registered number: 12727463)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

KGS Groundworks & Property Maintenance 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

KGS Groundworks & Property Maintenance
Ltd (Registered number: 12727463)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 540 25,000 299 25,839
Additions - 6,960 - 6,960
Disposals - (25,000 ) - (25,000 )
At 31 July 2024 540 6,960 299 7,799
DEPRECIATION
At 1 August 2023 236 14,454 173 14,863
Charge for year 76 4,377 32 4,485
Eliminated on disposal - (17,091 ) - (17,091 )
At 31 July 2024 312 1,740 205 2,257
NET BOOK VALUE
At 31 July 2024 228 5,220 94 5,542
At 31 July 2023 304 10,546 126 10,976

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts (1 ) 7,390
Tax - 1,476
Social security and other taxes 1,511 -
Directors' current accounts 4,961 52
Accrued expenses 382 371
6,853 9,289

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
1 Ordinary shares £1 1 1

7. RESERVES
Retained
earnings
£   

At 1 August 2023 5,393
Deficit for the year (5,961 )
At 31 July 2024 (568 )

8. RELATED PARTY DISCLOSURES

Mr K Hepple is both the sole director and shareholder of the company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
KGS Groundworks & Property Maintenance
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 KGS Groundworks & Property Maintenance Ltd for the year ended 31 July 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of KGS Groundworks & Property Maintenance 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 KGS Groundworks & Property Maintenance Ltd and state those matters that we have agreed to state to the Board of Directors of KGS Groundworks & Property Maintenance Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KGS Groundworks & Property Maintenance Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that KGS Groundworks & Property Maintenance 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 loss of KGS Groundworks & Property Maintenance Ltd. You consider that KGS Groundworks & Property Maintenance 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 KGS Groundworks & Property Maintenance 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.






Screatons Ltd
Former Atherstone College
Ratcliffe Road
Atherstone
Warwickshire
CV9 1LF


25 April 2025