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
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
K R B Systems Ltd
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
452,071
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
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
K R B Systems Ltd
Notes to the Accounts
for the year ended 31 December 2024
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.
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.
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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
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
At 1 January 2024
6,341
67,386
5,253
78,980
At 31 December 2024
6,341
67,386
5,253
78,980
At 31 December 2024
147
46,533
1,879
48,559
K R B Systems Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Taxes and social security
57,480
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)
8
Average number of employees
During the year the average number of employees was 7.