REGISTERED NUMBER: 06520864 (England and Wales)

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

FOR

KSFP LTD

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

Mrs B. J. Brampton

SECRETARY:

Mrs B. J. Brampton

REGISTERED OFFICE:

Unit C, Broomsleigh Business Park,

Worsley Bridge Road,

Lower Sydenham,

London

SE26 5BN

REGISTERED NUMBER:

06520864 (England and Wales)

ACCOUNTANTS:

Bennett & Co

The Annexe

Minerva House

Bordyke

Tonbridge

Kent

TN9 1NR

BANKERS:

National Westminster Bank PLC

The director presents her report with the financial statements of the company for the year ended 31 July 2021.

CESSATION OF TRADING

The company ceased trading on 31 July 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of Fire Protection Engineers.

DIVIDENDS

No dividends will be distributed for the year ended 31 July 2021.

DIRECTOR

Mrs B. J. Brampton held office during the whole of the period from 1 August 2020 to the date of this report.

ON BEHALF OF THE BOARD:

Mrs B. J. Brampton - Secretary

7 April 2025

TURNOVER

790,952

485,932

Cost of sales

428,905

253,881

GROSS PROFIT

362,047

232,051

Administrative expenses

88,312

171,199

273,735

60,852

Other operating income

-

9,582

OPERATING PROFIT

4

273,735

70,434

Interest payable and similar expenses

18,623

10,100

PROFIT BEFORE TAXATION

255,112

60,334

Tax on profit

5

46,000

11,523

PROFIT FOR THE FINANCIAL YEAR

209,112

48,811

FIXED ASSETS

Tangible assets

7

614,908

611,908

CURRENT ASSETS

Stocks

8

-

35,000

Debtors

9

388,156

26,592

Cash at bank and in hand

184,142

188,100

572,298

249,692

CREDITORS

Amounts falling due within one year

10

507,590

391,096

NET CURRENT ASSETS/(LIABILITIES)

64,708

(141,404

)

TOTAL ASSETS LESS CURRENT LIABILITIES

679,616

470,504

CAPITAL AND RESERVES

Called up share capital

11

1,010

1,010

Retained earnings

12

678,606

469,494

SHAREHOLDERS' FUNDS

679,616

470,504

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 7 April 2025 and were signed by:

Mrs B. J. Brampton - Director

1.	STATUTORY INFORMATION

KSFP 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

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

31.7.21

31.7.20

£

£

Wages and salaries

35,034

46,735

Social security costs

-

756

35,034

47,491

The average number of employees during the year was as follows:

31.7.21

31.7.20

Site Operatives

1

1

Administration

1

2

2

3

31.7.21

31.7.20

£

£

Director's remuneration

32,634

44,335

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.7.21

31.7.20

£

£

Depreciation - owned assets

16,523

15,766

5.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

31.7.21

31.7.20

£

£

Current tax:

UK corporation tax

46,000

11,200

Adjustment In respect

of previous year

-

323

Tax on profit

46,000

11,523

UK corporation tax has been charged at 19% (2020 - 19%).

6.

DIVIDENDS

31.7.21

31.7.20

£

£

Ordinary Shares shares of £1 each

Interim

-

25,000

'B' Ordinary Non-Voting Shares shares of £1 each

Interim

-

12,000

-

37,000

7.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 August 2020

533,908

68,812

86,623

689,343

Additions

-

19,523

-

19,523

At 31 July 2021

533,908

88,335

86,623

708,866

DEPRECIATION

At 1 August 2020

-

43,812

33,623

77,435

Charge for year

-

9,523

7,000

16,523

At 31 July 2021

-

53,335

40,623

93,958

NET BOOK VALUE

At 31 July 2021

533,908

35,000

46,000

614,908

At 31 July 2020

533,908

25,000

53,000

611,908

8.

STOCKS

31.7.21

31.7.20

£

£

Work in Progress

-

35,000

9.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.21

31.7.20

£

£

Trade Debtors

-

3,398

Amounts Recoverable-Contracts

388,156

-

Other Debtors

-

23,194

388,156

26,592

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.21

31.7.20

£

£

Bank loans and overdrafts

309,505

293,446

Corporation Tax

56,981

26,996

Social security and other taxes

4,391

3,922

Value Added Tax

130,763

37,782

Directors Current Account

-

25,000

Accrued Expenses

5,950

3,950

507,590

391,096

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.21

31.7.20

value:

£

£

1,000

Ordinary Shares

£1

10

1,000

10

'B' Ordinary Non-Voting Shares

£1

1,000

10

1,010

1,010

12.

RESERVES

Retained

earnings

£

At 1 August 2020

469,494

Profit for the year

209,112

At 31 July 2021

678,606