Company Registration No. 14645902 (England and Wales)
KG Flooring Ltd
Unaudited accounts
for the year ended 28 February 2025
KG Flooring Ltd
Unaudited accounts
Contents
KG Flooring Ltd
Company Information
for the year ended 28 February 2025
Company Number
14645902 (England and Wales)
Registered Office
67 REDLAND PARK
TWERTON
BATH
BA2 1SH
UNITED KINGDOM
Accountants
Walton & Harvey Limited
Office 8, North Courtyard
Woodlands
Bradley Stoke
Bristol
BS32 4NQ
KG Flooring Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
12,677
334
Cash at bank and in hand
25,006
41,601
Creditors: amounts falling due within one year
(5,410)
(12,085)
Net current assets
24,313
31,060
Total assets less current liabilities
36,990
31,394
Creditors: amounts falling due after more than one year
(10,371)
-
Called up share capital
2
2
Profit and loss account
26,617
31,392
Shareholders' funds
26,619
31,394
For the year ending 28 February 2025 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 director acknowledges his 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 and authorised for issue on 19 May 2025 and were signed on its behalf by
Kevin Cox
Director
Company Registration No. 14645902
KG Flooring Ltd
Notes to the Accounts
for the year ended 28 February 2025
KG Flooring Ltd is a private company, limited by shares, registered in England and Wales, registration number 14645902. The registered office is 67 REDLAND PARK, TWERTON, BATH, BA2 1SH, 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.
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.
Assets purchased had been made from the directors sole-trader business, the depreciation has been continued at the same rates as the sole-trader business.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Total
At 28 February 2025
20,877
At 28 February 2025
12,677
5
Average number of employees
During the year the average number of employees was 2 (2024: 2).