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Company Registration No. 12342289 (England and Wales)
KDC FLOORING LTD Unaudited accounts for the year ended 31 December 2024
KDC FLOORING LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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KDC FLOORING LTD Company Information for the year ended 31 December 2024
Director
Kevin Ronald Drynan
Company Number
12342289 (England and Wales)
Registered Office
Crittendens Accountants 365 High Street Rochester Kent ME1 1Da United Kingdom
Accountants
Crittendens Accountants Ltd 365 High Street High Street Rochester Kent ME1 1DA
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KDC FLOORING LTD Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
226
300
Current assets
Debtors
5
5,274
5,100
Cash at bank and in hand
1
643
5,275
5,743
Creditors: amounts falling due within one year
6
(52,277)
(48,277)
Net current liabilities
(47,002)
(42,534)
Total assets less current liabilities
(46,776)
(42,234)
Creditors: amounts falling due after more than one year
7
(28,738)
(31,681)
Net liabilities
(75,514)
(73,915)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(75,614)
(74,015)
Shareholders' funds
(75,514)
(73,915)
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 director acknowledges his 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 and authorised for issue on 30 August 2025 and were signed on its behalf by
Kevin Ronald Drynan Director Company Registration No. 12342289
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KDC FLOORING LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
KDC FLOORING LTD is a private company, limited by shares, registered in England and Wales, registration number 12342289. The registered office is Crittendens Accountants, 365 High Street, Rochester, Kent, ME1 1Da, United Kingdom.
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.
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:
Motor vehicles
25% per annum on written down value
Computer equipment
25% per annum on written down value
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2024
449
212
661
At 31 December 2024
449
212
661
Depreciation
At 1 January 2024
228
133
361
Charge for the year
55
19
74
At 31 December 2024
283
152
435
Net book value
At 31 December 2024
166
60
226
At 31 December 2023
221
79
300
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
-
136
Other debtors
5,274
4,964
5,274
5,100
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KDC FLOORING LTD Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
11,734
26,362
VAT
33,465
17,963
Trade creditors
5,997
2,887
Other creditors
-
8
Accruals
1,081
1,057
52,277
48,277
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
28,738
31,681
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Kevin Ronald Drynan
Directors Current account
3,191
4,104
3,191
4,104
3,191
4,104
3,191
4,104
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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