Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-10-01No description of principal activity23truetruefalse 04259022 2023-10-01 2024-09-30 04259022 2022-10-01 2023-09-30 04259022 2024-09-30 04259022 2023-09-30 04259022 c:Director1 2023-10-01 2024-09-30 04259022 c:Director2 2023-10-01 2024-09-30 04259022 c:RegisteredOffice 2023-10-01 2024-09-30 04259022 d:PlantMachinery 2023-10-01 2024-09-30 04259022 d:PlantMachinery 2024-09-30 04259022 d:PlantMachinery 2023-09-30 04259022 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04259022 d:FurnitureFittings 2023-10-01 2024-09-30 04259022 d:FurnitureFittings 2024-09-30 04259022 d:FurnitureFittings 2023-09-30 04259022 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04259022 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04259022 d:CurrentFinancialInstruments 2024-09-30 04259022 d:CurrentFinancialInstruments 2023-09-30 04259022 d:Non-currentFinancialInstruments 2024-09-30 04259022 d:Non-currentFinancialInstruments 2023-09-30 04259022 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 04259022 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 04259022 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 04259022 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 04259022 d:ShareCapital 2024-09-30 04259022 d:ShareCapital 2023-09-30 04259022 d:RetainedEarningsAccumulatedLosses 2024-09-30 04259022 d:RetainedEarningsAccumulatedLosses 2023-09-30 04259022 c:FRS102 2023-10-01 2024-09-30 04259022 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04259022 c:FullAccounts 2023-10-01 2024-09-30 04259022 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04259022 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company registration number: 04259022







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2024


KES RECLAMATION LTD






































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KES RECLAMATION LTD
 


 
COMPANY INFORMATION


Directors
K E Smith 
M Smith 




Registered number
04259022



Registered office
Church Farm
Church Road

Iver Heath

SL0 0RA




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


KES RECLAMATION LTD
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 7


 


KES RECLAMATION LTD
REGISTERED NUMBER:04259022



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,235
1,647

  
1,235
1,647

Current assets
  

Stocks
  
14,157
17,194

Debtors: amounts falling due within one year
 5 
341,523
359,563

Cash at bank and in hand
  
3,487
16,583

  
359,167
393,340

Creditors: amounts falling due within one year
 6 
(190,954)
(198,168)

Net current assets
  
 
 
168,213
 
 
195,172

Total assets less current liabilities
  
169,448
196,819

Creditors: amounts falling due after more than one year
 7 
(6,724)
(16,799)

  

Net assets
  
162,724
180,020


Capital and reserves
  

Called up share capital 
  
106
106

Profit and loss account
  
162,618
179,914

  
162,724
180,020


Page 1

 


KES RECLAMATION LTD
REGISTERED NUMBER:04259022


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




K E Smith
Director

Date: 25 June 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


KES RECLAMATION LTD
 


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

1.


General information

KES Reclamation 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. Their principal place of business is Church Farm, Church Road, Iver Heath, Slough, Buckinghamshire, SL0 0RA..
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is generated by the manufacture of paper, paperboard containers, and sacks and bags. It is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.


Page 3

 


KES RECLAMATION LTD
 


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

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Reducing balance
Fixtures and fittings
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 3).

Page 4

 


KES RECLAMATION LTD
 


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

4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 October 2023
15,154
13,702
28,856



At 30 September 2024

15,154
13,702
28,856



Depreciation


At 1 October 2023
14,447
12,762
27,209


Charge for the year on owned assets
177
235
412



At 30 September 2024

14,624
12,997
27,621



Net book value



At 30 September 2024
530
705
1,235



At 30 September 2023
707
940
1,647

Page 5

 


KES RECLAMATION LTD
 


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

5.


Debtors

2024
2023
£
£


Trade debtors
123,508
96,358

Amounts owed by group undertakings
211,000
211,000

Other debtors
6,940
48,371

Prepayments and accrued income
75
3,834

341,523
359,563



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loan
10,648
10,648

Trade creditors
62,353
56,535

Corporation tax
24,845
21,504

Other taxation and social security
8,740
5,878

Other creditors
79,398
76,379

Accruals and deferred income
4,970
27,224

190,954
198,168


The loan amount of £10,648 (2023: £10,648), included within creditors, is guaranteed under the Bounce Back Loan Scheme (BBLS) by the UK Government.
The bank loans are secured on the company's property and assets by a fixed and floating charge.


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loan
6,724
16,799

6,724
16,799


The loan amount of £6,724 (2023: £16,799), included within creditors, is guaranteed under the Bounce Back Loan Scheme (BBLS) by the UK Government.

Page 6

 


KES RECLAMATION LTD
 


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

8.


Related party transactions

During the years ended 2024 and 2023, the following transactions with directors occurred:


2024
2023
£
£
M Smith & K Smith
Amount outstanding at start of the year

34,403

36,179
 
Amounts advanced

12,321

5,339
 
Amounts repaid

(53,129)

(7,115)
 
Amount outstanding at the end of the year
(6,405)

34,403
 

 
Page 7