K.P.S. CONTRACTORS LIMITED - Accounts to registrar (filleted)

REGISTERED NUMBER: 02256805 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

K.P.S. CONTRACTORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P V Smyth

D P Smyth

J Smyth

H Smyth

SECRETARY:

H Smyth

REGISTERED OFFICE:

kps House

Ham Lane

Scaynes Hill

West Sussex

RH17 7PR

REGISTERED NUMBER:

02256805 (England and Wales)

ACCOUNTANTS:

Bentleys Accounting Limited

5 Hazelgrove Road

Haywards Heath

West Sussex

RH16 3PH

FIXED ASSETS

Tangible assets

4

1,037,836

1,193,526

CURRENT ASSETS

Stocks

5

203,950

213,950

Debtors

6

1,893,503

1,667,364

Cash at bank

161,957

98,307

2,259,410

1,979,621

CREDITORS

Amounts falling due within one year

7

682,352

760,559

NET CURRENT ASSETS

1,577,058

1,219,062

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,614,894

2,412,588

CREDITORS

Amounts falling due after more than one
year

8

(73,411

)

(161,903

)

PROVISIONS FOR LIABILITIES

(149,179

)

(132,747

)

NET ASSETS

2,392,304

2,117,938

CAPITAL AND RESERVES

Called up share capital

150

Retained earnings

2,392,154

2,117,788

SHAREHOLDERS' FUNDS

2,392,304

2,117,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 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 19 September 2025 and were signed on its behalf by:

J Smyth - Director

P V Smyth - Director

1.	STATUTORY INFORMATION

K.P.S. CONTRACTORS 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.

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

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 96 (2024 - 105 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

COST

At 1 May 2024

329,082

2,080,684

79,677

1,240,123

3,729,566

Additions

-

42,377

-

35,527

77,904

At 30 April 2025

329,082

2,123,061

79,677

1,275,650

3,807,470

DEPRECIATION

At 1 May 2024

35,860

1,536,523

64,710

898,947

2,536,040

Charge for year

18,284

123,319

2,245

89,746

233,594

At 30 April 2025

54,144

1,659,842

66,955

988,693

2,769,634

NET BOOK VALUE

At 30 April 2025

274,938

463,219

12,722

286,957

1,037,836

At 30 April 2024

293,222

544,161

14,967

341,176

1,193,526

5.

STOCKS

30.4.25

30.4.24

£

Work In Progress

203,950

213,950

6.

DEBTORS

30.4.25

30.4.24

£

Amounts falling due within one year:

Trade Debtors

1,558,791

1,308,231

Other debtors

107,988

72,000

Prepayments

14,167

1,680,946

1,394,398

Amounts falling due after more than one year:

Amounts owed by participating interests

212,557

272,966

Aggregate amounts

1,893,503

1,667,364

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Hire purchase contracts

84,938

117,442

Trade creditors

391,217

427,921

Social security and other taxes

52,793

165,498

VAT

76,718

1,590

Other Creditors

65,186

36,608

Accrued expenses

11,500

682,352

760,559

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.4.25

30.4.24

£

Hire purchase contracts

73,411

161,903

9.	RELATED PARTY DISCLOSURES

As at 30th April 2025 the company was owed from KPS Composting Services Limited £ 212,557

(2024 £272,966).

Throughout the year the Company charges and receives invoices from KPS Composting Services Limited.

An associated Company, These costs and sales are done under normal commercial terms.

Mr P Smyth and Mrs H Smyth also control KPS Composting Services Limited.

Included in Other Debtors is £ 96,660 (£72,000) due from KPS Build Limited as a short term loan. The Director Mr J Smyth has an interest in this company.

10.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the year by Mr P and Mrs H Smyth, be virtue of the fact that they own the entire share capital of the company.