REGISTERED NUMBER: 12877222 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

KC CONSTRUCTION (SUSSEX) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K Clayton

REGISTERED OFFICE:

73 Joyce Close

Wick

Littlehampton

West Sussex

BN17 7JG

REGISTERED NUMBER:

12877222 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Horsham) Limited

Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1DY

FIXED ASSETS

Tangible assets

4

27,194

21,881

CURRENT ASSETS

Debtors

5

27,801

31,778

Cash at bank and in hand

584

1,392

28,385

33,170

CREDITORS

Amounts falling due within one year

6

22,633

22,524

NET CURRENT ASSETS

5,752

10,646

TOTAL ASSETS LESS CURRENT LIABILITIES

32,946

32,527

CREDITORS

Amounts falling due after more than one year

7

6,792

-

NET ASSETS

26,154

32,527

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

26,054

32,427

26,154

32,527

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 12 June 2025 and were signed by:

K Clayton - Director

1.	STATUTORY INFORMATION

KC Construction (Sussex) Ltd 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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 October 2023

45,046

-

45,046

Additions

22,485

328

22,813

Disposals

(19,995

)

-

(19,995

)

At 30 September 2024

47,536

328

47,864

DEPRECIATION

At 1 October 2023

23,165

-

23,165

Charge for year

9,159

82

9,241

Eliminated on disposal

(11,736

)

-

(11,736

)

At 30 September 2024

20,588

82

20,670

NET BOOK VALUE

At 30 September 2024

26,948

246

27,194

At 30 September 2023

21,881

-

21,881

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

Additions

20,490

At 30 September 2024

20,490

DEPRECIATION

Charge for year

5,123

At 30 September 2024

5,123

NET BOOK VALUE

At 30 September 2024

15,367

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

13,272

16,322

Other debtors

12,890

13,905

VAT

1,639

1,551

27,801

31,778

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

5,044

-

Trade creditors

9,844

889

Tax

5,555

17,164

Other creditors

-

1,012

Directors' current accounts

30

459

Accrued expenses

2,160

3,000

22,633

22,524

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

6,792

-