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Company Registration No. 06325019 (England and Wales)
K R B Systems Ltd Unaudited accounts for the year ended 31 December 2024
K R B Systems Ltd Unaudited accounts Contents
Page
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K R B Systems Ltd Company Information for the year ended 31 December 2024
Directors
BROWN, Joseph Christopher PARKER, Andrew Mark SIDEBOTTOM, Paul
Company Number
06325019 (England and Wales)
Registered Office
K R B Systems Ltd Daleside Road Nottingham Nottinghamshire NG2 4DH England
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K R B Systems Ltd Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
48,559 
Current assets
Inventories
197,998 
Debtors
390,752 
Cash at bank and in hand
452,071 
1,040,821 
Creditors: amounts falling due within one year
(205,818)
Net current assets
835,003 
Total assets less current liabilities
883,562 
Creditors: amounts falling due after more than one year
16,623 
Net assets
900,185 
Capital and reserves
Called up share capital
174 
Profit and loss account
900,011 
Shareholders' funds
900,185 
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.
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 16 June 2025 and were signed on its behalf by
SIDEBOTTOM, Paul Director Company Registration No. 06325019
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K R B Systems Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
K R B Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 06325019. The registered office is K R B Systems Ltd, Daleside Road, Nottingham, Nottinghamshire, NG2 4DH, England.
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.
Stock
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Leased assets
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
6,488 
113,919 
7,132 
127,539 
At 31 December 2024
6,488 
113,919 
7,132 
127,539 
Depreciation
At 1 January 2024
6,341 
67,386 
5,253 
78,980 
At 31 December 2024
6,341 
67,386 
5,253 
78,980 
Net book value
At 31 December 2024
147 
46,533 
1,879 
48,559 
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K R B Systems Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
384,440 
Other debtors
6,312 
390,752 
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
109,241 
Trade creditors
36,647 
Taxes and social security
57,480 
Other creditors
2,450 
205,818 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Obligations under finance leases and hire purchase contracts
22,278 
Taxes and social security
(1)
Loans from directors
(38,900)
(16,623)
8
Average number of employees
During the year the average number of employees was 7.
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