| Registered Number:05685839 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
K & D Brown Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
K & D Brown Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
27,944
37,258
3
-
106,990
4
134,934
37,258
| Trade and other receivables |
18,796
47,594
5
271,163
| Cash and cash equivalents |
257,434
305,028
289,959
| Trade and other payables: amounts falling due within one |
| year |
(82,258)
(104,999)
6
207,701
200,029
Net current assets
| Total assets less current liabilities |
334,963
244,959
(7,361)
(6,965)
| Provisions for liabilities |
327,602
Net assets
237,994
4
4
327,598
237,990
327,602
237,994
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 19 February 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
K & D Brown Limited
Notes to the Financial Statements
Statutory Information
| K & D Brown Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 05685839. |
5 Montserrat Rise
Torquay
Devon
TQ2 7GP
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Goodwill
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Fixtures and fittings
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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For the year ended 31 December 2024
K & D Brown Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
45,000
45,000
45,000
45,000
-
-
| Intangible Assets, Goodwill, has been fully amortised. |
| 3. Property, plant and equipment |
Motor vehicles
97,220
85,995
11,225
11,225
85,995
97,220
| Provision for depreciation and impairment |
59,962
50,136
9,826
Charge for year
9,314
8,964
350
69,276
59,100
10,176
1,049
26,895
27,944
1,399
35,859
37,258
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For the year ended 31 December 2024
K & D Brown Limited
Notes to the Financial Statements Continued
| 4. Investments held as fixed assets |
| Loans to Group and participating interests |
106,990
106,990
106,990
106,990
106,990
106,990
| 5. Trade and other receivables |
2023
2024
42,911
18,796
4,683
-
18,796
47,594
| 6. Trade and other payables: amounts falling due within one year |
2023
2024
3,106
3,415
| Taxation and social security |
86,002
75,984
15,891
2,859
104,999
82,258
| 7. Related party transactions |
The company was under the control of Mr & Mrs Brown during this year.
| 8. Average number of persons employed |
During the year the average number of employees was 5 (2023 : 5)
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