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REGISTERED NUMBER: 04691445















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

K&M FLOORING LTD

K&M FLOORING LTD (Registered number: 04691445)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Report of the Directors 2

Statement of Income and Retained Earnings 3

Balance Sheet 4

Notes to the Financial Statements 5


K&M FLOORING LTD

Company Information
for the Year Ended 31 March 2025







DIRECTORS: K T CLINES
M CLINES
MRS C CLINES
MISS J M HINTON





SECRETARY: MERLIN BUSINESS SERVICES UK LTD





REGISTERED OFFICE: STAFFORDSHIRE KNOT
PINFOLD STREET
WEDNESBURY
WS10 8TE





REGISTERED NUMBER: 04691445






K&M FLOORING LTD (Registered number: 04691445)

Report of the Directors
for the Year Ended 31 March 2025

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

K T CLINES
M CLINES
MRS C CLINES
MISS J M HINTON

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





K T CLINES - Director


1 June 2025

K&M FLOORING LTD (Registered number: 04691445)

Statement of Income and Retained Earnings
for the Year Ended 31 March 2025

31/3/25 31/3/24
Notes £    £   

TURNOVER 72,037 115,651

Cost of sales 29,392 42,398
GROSS PROFIT 42,645 73,253

Administrative expenses 41,836 44,393
OPERATING PROFIT 4 809 28,860

Interest receivable and similar income 43 -
852 28,860

Interest payable and similar expenses 4 2
PROFIT BEFORE TAXATION 848 28,858

Tax on profit 430 5,748
PROFIT FOR THE FINANCIAL YEAR 418 23,110

Retained earnings at beginning of year 159,509 136,399

RETAINED EARNINGS AT END OF YEAR 159,927 159,509

K&M FLOORING LTD (Registered number: 04691445)

Balance Sheet
31 March 2025

31/3/25 31/3/24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 31,523 33,023

CURRENT ASSETS
Debtors 6 7,120 8,330
Cash at bank and in hand 236,566 156,802
243,686 165,132
CREDITORS
Amounts falling due within one year 7 115,276 38,640
NET CURRENT ASSETS 128,410 126,492
TOTAL ASSETS LESS CURRENT LIABILITIES 159,933 159,515

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 159,927 159,509
SHAREHOLDERS' FUNDS 159,933 159,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2025 and were signed on its behalf by:





K T CLINES - Director


K&M FLOORING LTD (Registered number: 04691445)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

K&M FLOORING LTD is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 4 (2024 - 2 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

31/3/25 31/3/24
£    £   
Depreciation - owned assets 1,500 1,500

K&M FLOORING LTD (Registered number: 04691445)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 91,751
DEPRECIATION
At 1 April 2024 58,728
Charge for year 1,500
At 31 March 2025 60,228
NET BOOK VALUE
At 31 March 2025 31,523
At 31 March 2024 33,023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Retention 761 761
CIS Tax suffered 6,359 7,569
7,120 8,330

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade creditors 5 6
Tax 430 5,748
VAT 87 2,664
Directors' current accounts 113,229 28,722
Accrued expenses 1,525 1,500
115,276 38,640