Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-3162024-01-01false6The principal activity of the Company during the year was that of general construction services and propertydevelopment.falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11730301 2024-01-01 2024-12-31 11730301 2023-01-01 2023-12-31 11730301 2024-12-31 11730301 2023-12-31 11730301 2023-01-01 11730301 c:Director2 2024-01-01 2024-12-31 11730301 d:PlantMachinery 2024-01-01 2024-12-31 11730301 d:PlantMachinery 2024-12-31 11730301 d:PlantMachinery 2023-12-31 11730301 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11730301 d:MotorVehicles 2024-01-01 2024-12-31 11730301 d:MotorVehicles 2024-12-31 11730301 d:MotorVehicles 2023-12-31 11730301 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11730301 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11730301 d:Goodwill 2024-12-31 11730301 d:Goodwill 2023-12-31 11730301 d:CurrentFinancialInstruments 2024-12-31 11730301 d:CurrentFinancialInstruments 2023-12-31 11730301 d:Non-currentFinancialInstruments 2024-12-31 11730301 d:Non-currentFinancialInstruments 2023-12-31 11730301 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11730301 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11730301 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 11730301 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 11730301 d:ShareCapital 2024-12-31 11730301 d:ShareCapital 2023-12-31 11730301 d:RetainedEarningsAccumulatedLosses 2024-12-31 11730301 d:RetainedEarningsAccumulatedLosses 2023-12-31 11730301 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 11730301 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 11730301 d:TaxLossesCarry-forwardsDeferredTax 2024-12-31 11730301 d:TaxLossesCarry-forwardsDeferredTax 2023-12-31 11730301 c:OrdinaryShareClass1 2024-01-01 2024-12-31 11730301 c:OrdinaryShareClass1 2024-12-31 11730301 c:OrdinaryShareClass1 2023-12-31 11730301 c:OrdinaryShareClass2 2024-01-01 2024-12-31 11730301 c:OrdinaryShareClass2 2024-12-31 11730301 c:OrdinaryShareClass2 2023-12-31 11730301 c:OrdinaryShareClass3 2024-01-01 2024-12-31 11730301 c:OrdinaryShareClass3 2024-12-31 11730301 c:OrdinaryShareClass3 2023-12-31 11730301 c:OrdinaryShareClass4 2024-01-01 2024-12-31 11730301 c:OrdinaryShareClass4 2024-12-31 11730301 c:OrdinaryShareClass4 2023-12-31 11730301 c:OrdinaryShareClass5 2024-01-01 2024-12-31 11730301 c:OrdinaryShareClass5 2024-12-31 11730301 c:OrdinaryShareClass5 2023-12-31 11730301 c:FRS102 2024-01-01 2024-12-31 11730301 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11730301 c:FullAccounts 2024-01-01 2024-12-31 11730301 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11730301 2 2024-01-01 2024-12-31 11730301 d:Goodwill d:OwnedIntangibleAssets 2024-01-01 2024-12-31 11730301 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 11730301









KH CONSTRUCTION (CAMBRIDGE) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
KH CONSTRUCTION (CAMBRIDGE) LIMITED
REGISTERED NUMBER: 11730301

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Intangible assets
 4 
334,833
416,833

Tangible assets
 5 
2,205
6,515

  
337,038
423,348

CURRENT ASSETS
  

Stocks
 6 
45,000
45,000

Debtors: amounts falling due within one year
 7 
363,477
540,654

Cash at bank and in hand
  
25,836
7,881

  
434,313
593,535

Creditors: amounts falling due within one year
 8 
(370,870)
(477,413)

NET CURRENT ASSETS
  
 
 
63,443
 
 
116,122

TOTAL ASSETS LESS CURRENT LIABILITIES
  
400,481
539,470

Creditors: amounts falling due after more than one year
 9 
(5,000)
(15,000)

PROVISIONS FOR LIABILITIES
  

Deferred tax
 10 
-
(606)

  
 
 
-
 
 
(606)

NET ASSETS
  
395,481
523,864


CAPITAL AND RESERVES
  

Called up share capital 
 11 
100
100

Profit and loss account
  
395,381
523,764

  
395,481
523,864


Page 1

 
KH CONSTRUCTION (CAMBRIDGE) LIMITED
REGISTERED NUMBER: 11730301
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




I K Kingsley
Director

Date: 4 June 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
KH CONSTRUCTION (CAMBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


GENERAL INFORMATION

KH Construction (Cambridge) Limited is a private company limited by shares and incorporated in England
and Wales. Its registered office is 31 Godwin Way, Cambridge, United Kingdom, CB1 8QW.
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover comprises revenue recognised by the Company in respect of construction services during the year, exclusive of Value Added Tax. Turnover is recognised as the fair value of the consideration received or receivable based on the stage of completion of the project.

 
2.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

BORROWING COSTS

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in other creditors as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
KH CONSTRUCTION (CAMBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.7

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.8

INTANGIBLE ASSETS

GOODWILL
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life of 10 years.

 
2.9

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
KH CONSTRUCTION (CAMBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)


2.9
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
5 years straight-line
Motor vehicles
-
3 years straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

STOCKS

Stocks comprise work-in-progress capitalised and carried forward under ongoing contracts.

 
2.11

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

PROVISIONS FOR LIABILITIES

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 5

 
KH CONSTRUCTION (CAMBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.15

DIVIDENDS

Equity dividends are recognised when they become legally payable.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 6 (2023 - 6).


4.


INTANGIBLE ASSETS




Goodwill

£



COST


At 1 January 2024
820,000



At 31 December 2024

820,000



AMORTISATION


At 1 January 2024
403,167


Charge for the year on owned assets
82,000



At 31 December 2024

485,167



NET BOOK VALUE



At 31 December 2024
334,833



At 31 December 2023
416,833



Page 6

 
KH CONSTRUCTION (CAMBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


TANGIBLE FIXED ASSETS





Plant and machinery
Motor vehicles
Total

£
£
£



COST OR VALUATION


At 1 January 2024
39,273
37,903
77,176



At 31 December 2024

39,273
37,903
77,176



DEPRECIATION


At 1 January 2024
32,759
37,902
70,661


Charge for the year on owned assets
4,309
1
4,310



At 31 December 2024

37,068
37,903
74,971



NET BOOK VALUE



At 31 December 2024
2,205
-
2,205



At 31 December 2023
6,514
1
6,515


6.


STOCKS

2024
2023
£
£

Work in progress
45,000
45,000



7.


DEBTORS

2024
2023
£
£


Trade debtors
-
3,810

Other debtors
360,526
533,776

Prepayments and accrued income
2,621
3,068

Deferred taxation
330
-

363,477
540,654


Page 7

 
KH CONSTRUCTION (CAMBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
39,029
115,637

Corporation tax
92,181
88,248

Other taxation and social security
69,379
33,679

Other creditors
155,951
225,724

Accruals and deferred income
4,330
4,125

370,870
477,413


Included within other creditors are amounts of £635 (2023 - £550) due under defined contribution pension schemes.
Bank loans due within one year relates to a liability under the Bounce Back Loan Scheme, which was taken out in June 2020. Interest is charged at 2.5%.


9.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
5,000
15,000


Bank loans due after one year relates to a liability under the Bounce Back Loan Scheme, which was taken out in June 2020. Interest is charged at 2.5%.


10.


DEFERRED TAXATION




2024
2023


£

£






At beginning of year
(606)
(5,118)


Credited to profit or loss
936
4,512



AT END OF YEAR
330
(606)

Page 8

 
KH CONSTRUCTION (CAMBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
 
10.DEFERRED TAXATION (CONTINUED)

2024
2023
£
£


Excess of depreciation over capital allowances
211
(699)

Short term timing differences
119
93

330
(606)


11.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



28 (2023 - 28) Ordinary A shares of £1.00 each
28
28
50 (2023 - 50) Ordinary B shares of £1.00 each
50
50
20 (2023 - 20) Ordinary C shares of £1.00 each
20
20
1 (2023 - 1) Ordinary D share of £1.00
1
1
1 (2023 - 1) Ordinary E share of £1.00
1
1

100

100


 
Page 9