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REGISTERED NUMBER: 04272849 (England and Wales)















Khaki Devil Limited

Unaudited Financial Statements

for the year ended

31 August 2024






Khaki Devil Limited (Registered number: 04272849)

Contents of the Financial Statements
for the year ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5


Khaki Devil Limited

Company Information
for the year ended 31 August 2024







DIRECTORS: D J Gillingham
K J Smith





SECRETARY: D J Gillingham





REGISTERED OFFICE: Brook Farm
Bells Lane
Hawstead
Bury St. Edmunds
Suffolk
IP29 5NW





REGISTERED NUMBER: 04272849 (England and Wales)

Khaki Devil Limited (Registered number: 04272849)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 181,222 185,648

CURRENT ASSETS
Debtors 5 15,147 15,678
Cash at bank 6,640 2,325
21,787 18,003
CREDITORS
Amounts falling due within one year 6 (132,131 ) (127,136 )
NET CURRENT LIABILITIES (110,344 ) (109,133 )
TOTAL ASSETS LESS CURRENT LIABILITIES 70,878 76,515

CREDITORS
Amounts falling due after more than one year 7 (27,549 ) (32,957 )

PROVISIONS FOR LIABILITIES (4,381 ) (5,160 )
NET ASSETS 38,948 38,398

CAPITAL AND RESERVES
Called up share capital 8 3 3
Retained earnings 38,945 38,395
SHAREHOLDERS' FUNDS 38,948 38,398

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:





D J Gillingham - Director


Khaki Devil Limited (Registered number: 04272849)

Notes to the Financial Statements
for the year ended 31 August 2024


1. STATUTORY INFORMATION

Khaki Devil Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Freehold property - 2% reducing balance
Plant and machinery - 15% on reducing balance
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 3 (2023 - 2 ) .

Khaki Devil Limited (Registered number: 04272849)

Notes to the Financial Statements - continued
for the year ended 31 August 2024


4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 September 2023 240,409 286,170 5,794 532,373
Additions 2,863 - - 2,863
At 31 August 2024 243,272 286,170 5,794 535,236
DEPRECIATION
At 1 September 2023 81,916 259,512 5,297 346,725
Charge for year 3,191 3,999 99 7,289
At 31 August 2024 85,107 263,511 5,396 354,014
NET BOOK VALUE
At 31 August 2024 158,165 22,659 398 181,222
At 31 August 2023 158,493 26,658 497 185,648

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,116 6,647
Other debtors 8,031 9,031
15,147 15,678

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,908 6,774
Trade creditors 2,753 674
Taxation and social security 13,772 10,873
Other creditors 108,698 108,815
132,131 127,136

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 27,549 32,957

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 4,515 10,491

Khaki Devil Limited (Registered number: 04272849)

Notes to the Financial Statements - continued
for the year ended 31 August 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary A 0.666 7p 1 1
100 Ordinary B 0.666 7p 1 1
100 Ordinary C 0.666 7p 1 1
3 3

9. RELATED PARTY DISCLOSURES

At the year end the company owed the directors £107,047 (2023 - £107,317) relating to interest free loans with no set repayment terms.