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Company Registration No. 11237129 (England and Wales)
K&M Group Limited Unaudited accounts for the year ended 31 March 2025
K&M Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
K&M Group Limited Company Information for the year ended 31 March 2025
Directors
James Mills Harry Kavanagh
Company Number
11237129 (England and Wales)
Registered Office
95 Avondale Drive Hayes Middlesex UB3 3PZ England
Accountants
Scribes Accountancy Limited 98 Northwood Rd Harefield Middlesex UB9 6PS
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K&M Group Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
47,685
58,726
Current assets
Debtors
5
99,935
75,977
Cash at bank and in hand
39,430
29,960
139,365
105,937
Creditors: amounts falling due within one year
6
(79,330)
(53,072)
Net current assets
60,035
52,865
Total assets less current liabilities
107,720
111,591
Creditors: amounts falling due after more than one year
7
(784)
(7,295)
Provisions for liabilities
Deferred tax
(4,626)
(6,825)
Net assets
102,310
97,471
Capital and reserves
Called up share capital
100
100
Profit and loss account
102,210
97,371
Shareholders' funds
102,310
97,471
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by
Harry Kavanagh Director Company Registration No. 11237129
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K&M Group Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
K&M Group Limited is a private company, limited by shares, registered in England and Wales, registration number 11237129. The registered office is 95 Avondale Drive, Hayes, Middlesex, UB3 3PZ, England.
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:
Plant & machinery
20%
Motor vehicles
20%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
89,388
51,549
140,937
At 31 March 2025
89,388
51,549
140,937
Depreciation
At 1 April 2024
49,376
32,835
82,211
Charge for the year
8,023
3,018
11,041
At 31 March 2025
57,399
35,853
93,252
Net book value
At 31 March 2025
31,989
15,696
47,685
At 31 March 2024
40,012
18,714
58,726
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K&M Group Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
99,935
75,977
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,904
5,904
VAT
35,677
32,099
Trade creditors
-
(2,300)
Taxes and social security
25,018
27,051
Other creditors
3,599
1,568
Loans from directors
(17,186)
(19,821)
Accruals
26,318
8,571
79,330
53,072
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
784
6,473
Obligations under finance leases and hire purchase contracts
-
822
784
7,295
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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