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REGISTERED NUMBER: 08744093















Unaudited Financial Statements for the Year Ended 31 October 2024

for

KB Plant and Agri Services Ltd

KB Plant and Agri Services Ltd (Registered number: 08744093)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KB Plant and Agri Services Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mrs A Burgess
Mr K Burgess





REGISTERED OFFICE: Golden Valley Accountancy Ltd
Unit 4
Pontrilas
Hereford
Herefordshire
HR2 0EL





REGISTERED NUMBER: 08744093





ACCOUNTANTS: Golden Valley Accountancy Limited
Unit 4
Westwood Industrial Estate
Pontrilas
Herefordshire
HR2 0EL

KB Plant and Agri Services Ltd (Registered number: 08744093)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 309,454 350,681

CURRENT ASSETS
Debtors 5 10,858 5,530

CREDITORS
Amounts falling due within one year 6 185,207 144,319
NET CURRENT LIABILITIES (174,349 ) (138,789 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

135,105

211,892

CREDITORS
Amounts falling due after more than
one year

7

146,098

253,457
NET LIABILITIES (10,993 ) (41,565 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (11,093 ) (41,665 )
SHAREHOLDERS' FUNDS (10,993 ) (41,565 )

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

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

KB Plant and Agri Services Ltd (Registered number: 08744093)

Balance Sheet - continued
31 October 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 2 May 2025 and were signed on its behalf by:




Mr K Burgess - Director



Mrs A Burgess - Director


KB Plant and Agri Services Ltd (Registered number: 08744093)

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

1. STATUTORY INFORMATION

KB Plant and Agri Services Ltd is a private company, limited by shares , registered in Not specified/Other. 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 etc - 20% on reducing balance and 10% 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.

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 ) .

KB Plant and Agri Services Ltd (Registered number: 08744093)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 538,293
Disposals (10,400 )
At 31 October 2024 527,893
DEPRECIATION
At 1 November 2023 187,612
Charge for year 35,086
Eliminated on disposal (4,259 )
At 31 October 2024 218,439
NET BOOK VALUE
At 31 October 2024 309,454
At 31 October 2023 350,681

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 4,153 3,720
Other debtors 6,705 1,810
10,858 5,530

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 70,338 22,311
Hire purchase contracts 100,201 69,362
Trade creditors 6,800 7,308
Taxation and social security 6,073 1,285
Other creditors 1,795 44,053
185,207 144,319

KB Plant and Agri Services Ltd (Registered number: 08744093)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans 30,117 9,025
Hire purchase contracts 97,855 188,552
Other creditors 18,126 55,880
146,098 253,457