1 October 2023 false Taxfiler 2024.6 12891222business:PrivateLimitedCompanyLtd2023-10-012024-09-30 128912222023-09-30 128912222023-10-012024-09-30 12891222business:AuditExemptWithAccountantsReport2023-10-012024-09-30 12891222business:FilletedAccounts2023-10-012024-09-30 128912222024-09-30 12891222business:Director12023-10-012024-09-30 12891222business:Director22023-10-012024-09-30 12891222business:RegisteredOffice2023-10-012024-09-30 128912222023-09-30 12891222core:WithinOneYear2024-09-30 12891222core:WithinOneYear2023-09-30 12891222core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 12891222core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 12891222core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 12891222core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 12891222core:PreviouslyStatedAmount2024-09-30 12891222core:PreviouslyStatedAmount2023-09-30 12891222business:SmallEntities2023-10-012024-09-30 12891222countries:EnglandWales2023-10-012024-09-30 12891222core:MotorVehicles2023-10-012024-09-30 12891222core:ComputerEquipment2023-10-012024-09-30 12891222core:MotorVehicles2023-09-30 12891222core:ComputerEquipment2023-09-30 12891222core:MotorVehicles2024-09-30 12891222core:ComputerEquipment2024-09-30 12891222business:OrdinaryShareClass12023-10-012024-09-30 12891222business:OrdinaryShareClass12022-10-012023-09-30 128912222022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12891222 (England and Wales)
KPI Group Ltd Dormant accounts for the year ended 30 September 2024
KPI Group Ltd Dormant accounts Contents
Page
- 2 -
KPI Group Ltd Company Information for the year ended 30 September 2024
Directors
Ms Kristina Popova Mr Plamen Ivanov
Company Number
12891222 (England and Wales)
Registered Office
17 RAWDON ROAD MAIDSTONE KENT ME15 6PT UNITED KINGDOM
Accountants
Prody Books Ltd The Old Library St Faith's Street Maidstone Kent ME14 1LH
- 3 -
KPI Group Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,913 
30,457 
Current assets
Debtors
75,575 
69,732 
Cash at bank and in hand
81,655 
93,234 
157,230 
162,966 
Creditors: amounts falling due within one year
(138,490)
(162,616)
Net current assets
18,740 
350 
Total assets less current liabilities
37,653 
30,807 
Provisions for liabilities
Deferred tax
(54)
(2,021)
Net assets
37,599 
28,786 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
37,499 
28,686 
Shareholders' funds
37,599 
28,786 
For the year ending 30 September 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.
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 10 May 2025 and were signed on its behalf by
Mr Plamen Ivanov Director Company Registration No. 12891222
- 4 -
KPI Group Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
KPI Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12891222. The registered office is 17 RAWDON ROAD, MAIDSTONE, KENT, ME15 6PT, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
25% reducing balance
Computer equipment
25% straight line
Deferred taxation
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 5 -
KPI Group Ltd Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
32,841 
566 
33,407 
Additions
3,595 
884 
4,479 
Disposals
(13,358)
- 
(13,358)
At 30 September 2024
23,078 
1,450 
24,528 
Depreciation
At 1 October 2023
2,940 
10 
2,950 
Charge for the year
5,403 
201 
5,604 
On disposals
(2,939)
- 
(2,939)
At 30 September 2024
5,404 
211 
5,615 
Net book value
At 30 September 2024
17,674 
1,239 
18,913 
At 30 September 2023
29,901 
556 
30,457 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
72,275 
69,732 
Other debtors
3,300 
- 
75,575 
69,732 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
29,616 
23,859 
Trade creditors
129 
25,489 
Taxes and social security
2,804 
4,968 
Other creditors
2,096 
- 
Loans from directors
47,559 
58,909 
Accruals
56,286 
49,391 
138,490 
162,616 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).
- 6 -