IRIS Accounts Production v25.2.0.378 07844140 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078441402023-11-30078441402024-11-30078441402023-12-012024-11-30078441402022-11-30078441402022-12-012023-11-30078441402023-11-3007844140ns15:EnglandWales2023-12-012024-11-3007844140ns14:PoundSterling2023-12-012024-11-3007844140ns10:Director12023-12-012024-11-3007844140ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3007844140ns10:SmallEntities2023-12-012024-11-3007844140ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3007844140ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3007844140ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3007844140ns10:FullAccounts2023-12-012024-11-300784414012023-12-012024-11-3007844140ns10:OrdinaryShareClass12023-12-012024-11-3007844140ns10:Director22023-12-012024-11-3007844140ns10:Director32023-12-012024-11-3007844140ns10:RegisteredOffice2023-12-012024-11-3007844140ns5:CurrentFinancialInstruments2024-11-3007844140ns5:CurrentFinancialInstruments2023-11-3007844140ns5:Non-currentFinancialInstruments2024-11-3007844140ns5:Non-currentFinancialInstruments2023-11-3007844140ns5:ShareCapital2024-11-3007844140ns5:ShareCapital2023-11-3007844140ns5:RetainedEarningsAccumulatedLosses2024-11-3007844140ns5:RetainedEarningsAccumulatedLosses2023-11-3007844140ns5:NetGoodwill2023-12-012024-11-3007844140ns5:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-3007844140ns5:PlantMachinery2023-12-012024-11-3007844140ns5:FurnitureFittings2023-12-012024-11-3007844140ns5:MotorVehicles2023-12-012024-11-3007844140ns5:ComputerEquipment2023-12-012024-11-3007844140ns5:NetGoodwill2023-11-3007844140ns5:NetGoodwill2024-11-3007844140ns5:NetGoodwill2023-11-3007844140ns5:PlantMachinery2023-11-3007844140ns5:FurnitureFittings2023-11-3007844140ns5:MotorVehicles2023-11-3007844140ns5:ComputerEquipment2023-11-3007844140ns5:PlantMachinery2024-11-3007844140ns5:FurnitureFittings2024-11-3007844140ns5:MotorVehicles2024-11-3007844140ns5:ComputerEquipment2024-11-3007844140ns5:PlantMachinery2023-11-3007844140ns5:FurnitureFittings2023-11-3007844140ns5:MotorVehicles2023-11-3007844140ns5:ComputerEquipment2023-11-3007844140ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-11-3007844140ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-012024-11-3007844140ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-11-3007844140ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-11-3007844140ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3007844140ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3007844140ns5:DeferredTaxation2023-11-3007844140ns5:DeferredTaxation2023-12-012024-11-3007844140ns5:DeferredTaxation2024-11-3007844140ns10:OrdinaryShareClass12024-11-3007844140ns5:RetainedEarningsAccumulatedLosses2023-11-3007844140ns5:RetainedEarningsAccumulatedLosses2023-12-012024-11-300784414012023-12-012024-11-30
REGISTERED NUMBER: 07844140 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 November 2024

for

KGK SCAFFOLDING LIMITED

KGK SCAFFOLDING LIMITED (REGISTERED NUMBER: 07844140)

Contents of the Financial Statements
for the year ended 30 November 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KGK SCAFFOLDING LIMITED

Company Information
for the year ended 30 November 2024







Directors: N Gjura
Mrs M Gjura
G Gjura





Registered office: 10 Leconfield Walk
Hornchurch
Essex
RM12 6NZ





Registered number: 07844140 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69 - 73 Theobalds Road
London
WC1X 8TA

KGK SCAFFOLDING LIMITED (REGISTERED NUMBER: 07844140)

Balance Sheet
30 November 2024

2024 2023
Notes £ £ £ £
Fixed assets
Intangible assets 4 - -
Tangible assets 5 275,402 297,348
275,402 297,348

Current assets
Debtors 6 537,612 534,610
Cash at bank 287,475 181,041
825,087 715,651
Creditors
Amounts falling due within one year 7 608,596 508,103
Net current assets 216,491 207,548
Total assets less current liabilities 491,893 504,896

Creditors
Amounts falling due after more than one
year

8

(77,529

)

(183,845

)

Provisions for liabilities 9 (49,500 ) (56,500 )
Net assets 364,864 264,551

Capital and reserves
Called up share capital 10 100 100
Retained earnings 11 364,764 264,451
Shareholders' funds 364,864 264,551

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

KGK SCAFFOLDING LIMITED (REGISTERED NUMBER: 07844140)

Balance Sheet - continued
30 November 2024


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 and authorised for issue by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:





G Gjura - Director


KGK SCAFFOLDING LIMITED (REGISTERED NUMBER: 07844140)

Notes to the Financial Statements
for the year ended 30 November 2024


1. Statutory information

KGK Scaffolding 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.

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 as modified by the revaluation of certain assets.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

There is estimation uncertainty in calculating deferred tax. A full line by line review of deferred tax is carried out by management regularly. Whilst every attempt is made to ensure that the deferred tax is as accurate as possible, there remains a risk that the provisions do not match the actual tax liability when asset is disposed of.

There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately prove to be uncollectable.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 10% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

KGK SCAFFOLDING LIMITED (REGISTERED NUMBER: 07844140)

Notes to the Financial Statements - continued
for the year ended 30 November 2024


2. Accounting policies - continued

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

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.

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 5 (2023 - 4 ) .

KGK SCAFFOLDING LIMITED (REGISTERED NUMBER: 07844140)

Notes to the Financial Statements - continued
for the year ended 30 November 2024


4. Intangible fixed assets
Goodwill
£
Cost
At 1 December 2023
and 30 November 2024 10,000
Amortisation
At 1 December 2023
and 30 November 2024 10,000
Net book value
At 30 November 2024 -
At 30 November 2023 -

5. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
Cost
At 1 December 2023 353,084 25,503 308,646 26,602 713,835
Additions 99,378 1,744 17,508 5,136 123,766
Disposals (234,457 ) (12,718 ) - (26,602 ) (273,777 )
At 30 November 2024 218,005 14,529 326,154 5,136 563,824
Depreciation
At 1 December 2023 192,491 21,691 184,096 18,209 416,487
Charge for year 21,801 2,174 43,864 1,027 68,866
Eliminated on disposal (166,889 ) (11,833 ) - (18,209 ) (196,931 )
At 30 November 2024 47,403 12,032 227,960 1,027 288,422
Net book value
At 30 November 2024 170,602 2,497 98,194 4,109 275,402
At 30 November 2023 160,593 3,812 124,550 8,393 297,348

KGK SCAFFOLDING LIMITED (REGISTERED NUMBER: 07844140)

Notes to the Financial Statements - continued
for the year ended 30 November 2024


5. Tangible fixed assets - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£
Cost
At 1 December 2023
and 30 November 2024 9,490
Depreciation
At 1 December 2023 7,078
Charge for year 1,898
At 30 November 2024 8,976
Net book value
At 30 November 2024 514
At 30 November 2023 2,412

6. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 304,599 253,322
Amounts owed by group undertakings 201,542 201,542
Other debtors 31,471 79,746
537,612 534,610

7. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 20,000 80,000
Trade creditors 53,292 36,922
Taxation and social security 422,854 287,994
Other creditors 112,450 103,187
608,596 508,103

8. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans - 20,000
Other creditors 77,529 163,845
77,529 183,845

9. Provisions for liabilities
2024 2023
£ £
Deferred tax 49,500 56,500

KGK SCAFFOLDING LIMITED (REGISTERED NUMBER: 07844140)

Notes to the Financial Statements - continued
for the year ended 30 November 2024


9. Provisions for liabilities - continued

Deferred tax
£
Balance at 1 December 2023 56,500
Provided during year (7,000 )
Balance at 30 November 2024 49,500

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

11. Reserves
Retained
earnings
£

At 1 December 2023 264,451
Profit for the year 1,245,313
Dividends (1,145,000 )
At 30 November 2024 364,764

12. Ultimate controlling party

The controlling party is Lind Holdings Limited.