REGISTERED NUMBER: 03930085 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

KPS COMPOSTING SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P V Smyth

H Smyth

D P Smyth

J Smyth

SECRETARY:

H Smyth

REGISTERED OFFICE:

Awbrook Park Farm,

Ham Lane

Scaynes Hill

Haywards Heath

West Sussex

RH17 7PR

REGISTERED NUMBER:

03930085 (England and Wales)

ACCOUNTANTS:

Bentleys Accounting Limited

5 Hazelgrove Road

Haywards Heath

West Sussex

RH16 3PH

FIXED ASSETS

Tangible assets

4

1,536,656

1,686,502

CURRENT ASSETS

Debtors

5

1,604,269

1,434,580

Investments

6

10,000

10,000

Cash at bank

59,405

46,223

1,673,674

1,490,803

CREDITORS

Amounts falling due within one year

7

747,992

536,272

NET CURRENT ASSETS

925,682

954,531

TOTAL ASSETS LESS CURRENT LIABILITIES

2,462,338

2,641,033

CREDITORS

Amounts falling due after more than one year

8

(290,400

)

(500,287

)

PROVISIONS FOR LIABILITIES

(13,131

)

(17,470

)

NET ASSETS

2,158,807

2,123,276

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,158,805

2,123,274

SHAREHOLDERS' FUNDS

2,158,807

2,123,276

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:

D P Smyth - Director

1.	STATUTORY INFORMATION

KPS COMPOSTING SERVICES 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.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 25 (2024 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

1,110,684

3,875,867

181,621

4,138

5,172,310

Additions

-

146,609

-

-

146,609

At 30 April 2025

1,110,684

4,022,476

181,621

4,138

5,318,919

DEPRECIATION

At 1 May 2024

714,303

2,621,453

145,914

4,138

3,485,808

Charge for year

29,426

258,102

8,927

-

296,455

At 30 April 2025

743,729

2,879,555

154,841

4,138

3,782,263

NET BOOK VALUE

At 30 April 2025

366,955

1,142,921

26,780

-

1,536,656

At 30 April 2024

396,381

1,254,414

35,707

-

1,686,502

Included within the net book value of Tangible Fixed Assets is £ 801,930 (2024: £664,700) relating to assets held under Finance Agreements. The depreciation charge to the financial statements in the year in respect of such assets amounts to £193,612 (2024 - £ 144,800).

5.

DEBTORS

30.4.25

30.4.24

£

£

Amounts falling due within one year:

Trade debtors

395,592

225,903

Prepayments

21,668

21,668

417,260

247,571

Amounts falling due after more than one year:

Amounts owed by participating interests

1,187,009

1,187,009

Aggregate amounts

1,604,269

1,434,580

6.	CURRENT ASSET INVESTMENTS

30.4.25

30.4.24

£

£

Unlisted investments

10,000

10,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

26,049

100,882

Hire purchase contracts

143,632

103,236

Trade creditors

212,004

222,379

Social security and other taxes

84,157

43,087

VAT

111,963

54,131

Other creditors

5,189

5,057

Directors' current accounts

157,501

-

Accrued expenses

7,497

7,500

747,992

536,272

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans - 2-5 years

-

57,116

Hire purchase contracts

77,843

170,205

Amounts owed to participating interests

212,557

272,966

290,400

500,287

9.	RELATED PARTY DISCLOSURES

As at 30th April 2025 the company owed £ 212,557 (2024: £ 272,966) to KPS Contractors Limited and was owed £ 1,187,009 (2024: £ 1,187,009) from KPS Business Park Limited.

Throughout the year the Company charges and receives invoices from KPS Contractors Limited. An associated Company, These costs and sales are done under normal commercial terms.

Mr P Smyth and Mrs H Smyth also control KPS Contractors Limited and KPS Business Park Limited.

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.