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REGISTERED NUMBER: 09549005 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

KGW GROUP LIMITED

KGW GROUP LIMITED (REGISTERED NUMBER: 09549005)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


KGW GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr I D Waters
Mr B P Draper





REGISTERED OFFICE: c/o Peak Analysis and Automation Limited
Unit 6 Armstrong Mall
Southwood Business Park
Farnborough
Hampshire
GU14 0NR





REGISTERED NUMBER: 09549005 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
KGW GROUP LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of KGW Group Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of KGW Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of KGW Group Limited and state those matters that we have agreed to state to the Board of Directors of KGW Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KGW Group Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that KGW Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of KGW Group Limited. You consider that KGW Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of KGW Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF


3 June 2025

KGW GROUP LIMITED (REGISTERED NUMBER: 09549005)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 74,213 74,264

CURRENT ASSETS
Debtors 5 - 19,848

CREDITORS
Amounts falling due within one year 6 26,291 102,226
NET CURRENT LIABILITIES (26,291 ) (82,378 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,922

(8,114

)

CREDITORS
Amounts falling due after more than one
year

7

19,975

19,975
NET ASSETS/(LIABILITIES) 27,947 (28,089 )

CAPITAL AND RESERVES
Called up share capital 117 117
Share premium 8 59,936 59,936
Retained earnings 8 (32,106 ) (88,142 )
SHAREHOLDERS' FUNDS 27,947 (28,089 )

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by:





Mr B P Draper - Director


KGW GROUP LIMITED (REGISTERED NUMBER: 09549005)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

KGW Group Limited 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.

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.

After reviewing the group's forecast and projections, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. The group therefore continues to adopt the going concern basis in preparing it financial statements.

Preparation of consolidated financial statements
The financial statements contain information about KGW Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiaries are measured at cost less accumulated impairment.

The group tests annually the carrying value of investments for impairment and will continue to review for impairment and adjustment to the recoverable amount where necessary.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023 74,264
Disposals (51 )
At 30 September 2024 74,213
NET BOOK VALUE
At 30 September 2024 74,213
At 30 September 2023 74,264

The company's investments at the Balance Sheet date in the share capital of companies include the following:

KG Washford Limited
Registered office: C/O Peak Analysis And Automation Limited Unit 6 Armstrong Mall, Southwood Business Park, Farnborough, Hampshire, GU14 0NR
Nature of business: Precision engineers
%
Class of shares: holding
Ordinary 100.00

KGW GROUP LIMITED (REGISTERED NUMBER: 09549005)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. FIXED ASSET INVESTMENTS - continued

Futura Systems Limited
Registered office: Unit 22 Dunlop Road, Hunt End Industrial Estate, Redditch, Worcestershire, England, B97 5XP
Nature of business: Electrical installations
%
Class of shares: holding
Ordinary

On 11 April 24 the company sold its' interest in Futura Systems Limited.

KGW Integrated Engineering Limited
Registered office: C/O Opus Restructuring Llp 1 Radian Court, Knowlhill, Milton Keynes, MK5 8PJ
Nature of business: Precision engineers
%
Class of shares: holding
Ordinary 100.00

On 1 February 2023 the company was placed into liquidation.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 19,848

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 1,912 1,912
Other creditors 24,379 100,314
26,291 102,226

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 19,975 19,975

8. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 October 2023 (88,142 ) 59,936 (28,206 )
Profit for the year 56,036 56,036
At 30 September 2024 (32,106 ) 59,936 27,830

9. ULTIMATE CONTROLLING PARTY

Peak Analysis and Automation Limited has a controlling interest in the company. Directech Global Limited is regarded by the directors as being the company's ultimate parent company.