1 January 2024 false No description of principal activity Taxfiler 2024.6 12508649business:PrivateLimitedCompanyLtd2024-01-012024-12-31 125086492023-12-31 125086492024-01-012024-12-31 12508649business:AuditExemptWithAccountantsReport2024-01-012024-12-31 12508649business:FilletedAccounts2024-01-012024-12-31 125086492024-12-31 12508649business:Director12024-01-012024-12-31 12508649business:Director22024-01-012024-12-31 12508649business:RegisteredOffice2024-01-012024-12-31 125086492023-12-31 12508649core:WithinOneYear2024-12-31 12508649core:WithinOneYear2023-12-31 12508649core:AfterOneYear2024-12-31 12508649core:AfterOneYear2023-12-31 12508649core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 12508649core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12508649core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12508649core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12508649core:PreviouslyStatedAmount2024-12-31 12508649core:PreviouslyStatedAmount2023-12-31 12508649business:SmallEntities2024-01-012024-12-31 12508649countries:EnglandWales2024-01-012024-12-31 12508649core:PlantMachinery2024-01-012024-12-31 12508649core:MotorVehicles2024-01-012024-12-31 12508649core:FurnitureFittings2024-01-012024-12-31 12508649core:PlantMachinery2023-12-31 12508649core:MotorVehicles2023-12-31 12508649core:FurnitureFittings2023-12-31 12508649core:PlantMachinery2024-12-31 12508649core:MotorVehicles2024-12-31 12508649core:FurnitureFittings2024-12-31 125086492023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12508649 (England and Wales)
K.M.S BRICKLAYING AND GROUNDWORKS LTD Unaudited accounts for the year ended 31 December 2024
K.M.S BRICKLAYING AND GROUNDWORKS LTD Unaudited accounts Contents
Page
- 2 -
K.M.S BRICKLAYING AND GROUNDWORKS LTD Company Information for the year ended 31 December 2024
Directors
Matthew Lockey Leanne Lockey
Company Number
12508649 (England and Wales)
Registered Office
Unit 8 Ash Kembrey Park Swindon Wiltshire SN2 8UN England
Accountants
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT
- 3 -
K.M.S BRICKLAYING AND GROUNDWORKS LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
542,558 
239,087 
Current assets
Inventories
70,000 
- 
Debtors
635,107 
332,016 
Cash at bank and in hand
180,904 
47,145 
886,011 
379,161 
Creditors: amounts falling due within one year
(718,975)
(103,217)
Net current assets
167,036 
275,944 
Total assets less current liabilities
709,594 
515,031 
Creditors: amounts falling due after more than one year
(429,083)
(56,177)
Provisions for liabilities
Deferred tax
(36,040)
(36,040)
Net assets
244,471 
422,814 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
244,469 
422,812 
Shareholders' funds
244,471 
422,814 
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 22 May 2025 and were signed on its behalf by
Matthew Lockey Director Company Registration No. 12508649
- 4 -
K.M.S BRICKLAYING AND GROUNDWORKS LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
K.M.S BRICKLAYING AND GROUNDWORKS LTD is a private company, limited by shares, registered in England and Wales, registration number 12508649. The registered office is Unit 8, Ash, Kembrey Park, Swindon, Wiltshire, SN2 8UN, 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.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
33% Reducing Balance
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.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
K.M.S BRICKLAYING AND GROUNDWORKS LTD Notes to the Accounts for the year ended 31 December 2024
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 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
140,127 
162,284 
4,452 
306,863 
Additions
273,464 
197,417 
9,355 
480,236 
Disposals
(31,700)
(70,144)
- 
(101,844)
At 31 December 2024
381,891 
289,557 
13,807 
685,255 
Depreciation
At 1 January 2024
18,669 
48,477 
630 
67,776 
Charge for the year
61,152 
39,582 
2,561 
103,295 
On disposals
(350)
(28,024)
- 
(28,374)
At 31 December 2024
79,471 
60,035 
3,191 
142,697 
Net book value
At 31 December 2024
302,420 
229,522 
10,616 
542,558 
At 31 December 2023
121,458 
113,807 
3,822 
239,087 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
193,219 
33,182 
Trade debtors
313,564 
242,334 
Other debtors
128,324 
56,500 
635,107 
332,016 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
102,440 
25,812 
Trade creditors
499,439 
13,709 
Taxes and social security
110,616 
58,752 
Loans from directors
1,980 
444 
Accruals
4,500 
4,500 
718,975 
103,217 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
273,083 
56,177 
Other creditors
156,000 
- 
429,083 
56,177 
- 6 -
K.M.S BRICKLAYING AND GROUNDWORKS LTD Notes to the Accounts for the year ended 31 December 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 7 -