Company Registration No. 11132896 (England and Wales)
K & T Construction Services Ltd
Unaudited accounts
for the year ended 31 December 2024
K & T Construction Services Ltd
Unaudited accounts
Contents
K & T Construction Services Ltd
Company Information
for the year ended 31 December 2024
Directors
Kevin McCole
Tracy McCole
Company Number
11132896 (England and Wales)
Registered Office
VILLA HOUSE
7 HERBERT TERRACE
PENARTH
CF64 2AH
UNITED KINGDOM
Accountants
Evans Entwistle
Villa House
7 Herbert Terrace
Penarth
Vale of Glamorgan
CF64 2AH
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
K & T Construction Services Ltd
for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of K & T Construction Services Ltd for the year ended 31 December 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
Villa House
7 Herbert Terrace
Penarth
Vale of Glamorgan
CF64 2AH
19 February 2024
K & T Construction Services Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
50,297
71,196
Cash at bank and in hand
11,980
13,305
Creditors: amounts falling due within one year
(9,868)
(10,929)
Net current assets
15,993
3,877
Total assets less current liabilities
66,290
75,073
Creditors: amounts falling due after more than one year
(326,328)
(425,676)
Provisions for liabilities
Deferred tax
(9,366)
(13,521)
Net liabilities
(269,404)
(364,124)
Called up share capital
2
2
Profit and loss account
(269,406)
(364,126)
Shareholders' funds
(269,404)
(364,124)
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 19 February 2024 and were signed on its behalf by
Kevin McCole
Director
Company Registration No. 11132896
K & T Construction Services Ltd
Notes to the Accounts
for the year ended 31 December 2024
K & T Construction Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11132896. The registered office is VILLA HOUSE, 7 HERBERT TERRACE, PENARTH, CF64 2AH, UNITED KINGDOM.
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.
Amended Financial Statements
These financial statements replace the original financial statements, are now the statutory financial statements and are prepared as they were at the date of the original financial statements.
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.
Turnover represents all fees receivable net of VAT where applicable.
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:
Plant & machinery
5 years straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
K & T Construction Services Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Total
At 31 December 2024
109,335
Charge for the year
20,899
At 31 December 2024
59,038
At 31 December 2024
50,297
At 31 December 2023
71,196
5
Deferred taxation
2024
2023
Accelerated capital allowances
9,366
13,521
Provision at start of year
13,521
13,244
(Credited)/charged to the profit and loss account
(4,155)
277
Provision at end of year
9,366
13,521
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).