KDP Portable Accommodation Services (2007) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06011424

KDP Portable Accommodation Services (2007) Ltd

Filleted Unaudited Financial Statements

For the year ended

31 January 2025

KDP Portable Accommodation Services (2007) Ltd

Statement of Financial Position

31 January 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	5	1,768	2,392
Tangible assets	6	180,828	186,337
		---------	---------
		182,596	188,729

Current assets

Stocks		9,000	2,625
Debtors	7	160,484	307,089
Cash at bank and in hand		141,158	22,540
		---------	---------
		310,642	332,254

Creditors: amounts falling due within one year	8	155,011	173,406
		---------	---------
Net current assets		155,631	158,848
		---------	---------
Total assets less current liabilities		338,227	347,577

Creditors: amounts falling due after more than one year	9	32,160	36,136

Provisions

Deferred taxation	44,827	46,086
	---------	---------
Net assets	261,240	265,355
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	261,140	265,255
	---------	---------
Shareholders funds	261,240	265,355
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

KDP Portable Accommodation Services (2007) Ltd

Statement of Financial Position (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 30 October 2025 , and are signed on behalf of the board by:

K D Pounder
Director

Company registration number: 06011424

KDP Portable Accommodation Services (2007) Ltd

Notes to the Financial Statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Potton House, Wyboston Lakes, Great North Road, Wyboston, Bedford, MK44 3BZ. The company's trading address is 3 Steel Close, Eaton Socon, St Neots, PE19 8TT.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, stated net of discounts and of value added tax. In respect of long-term contracts and contracts for on-going services, turnover is recognised with reference to the work done in the year or the stage of completion at the end of the year. Taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Foreign currencies Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account. Operating leases Lease payments are recognised as an expense and lease receipts are recognised as income over the lease term on a straight-line basis . Intangible assets Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Website	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold improvements	-	25% reducing balance
Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Office equipment	-	33% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Lease and hire purchase payments are apportioned between the finance charges and reduction of the outstanding lease liability using the sum of the digits method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution pension plans

The company makes contributions to the personal pension schemes of the director and employees. The annual contributions payable are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 14 (2024: 13 ).

5. Intangible assets

	Website
	£
Cost
At 1 February 2024 and 31 January 2025	3,120
	-------
Amortisation
At 1 February 2024	728
Charge for the year	624
	-------
At 31 January 2025	1,352
	-------
Carrying amount
At 31 January 2025	1,768
	-------
At 31 January 2024	2,392
	-------

6. Tangible assets

	Leasehold improvements	Plant and machinery	Motor vehicles	Office equipment	Total
	£	£	£	£	£
Cost
At 1 February 2024	20,605	122,693	168,131	24,248	335,677
Additions	–	–	59,369	624	59,993
Disposals	–	–	( 53,462)	–	( 53,462)
	--------	---------	---------	--------	---------
At 31 January 2025	20,605	122,693	174,038	24,872	342,208
	--------	---------	---------	--------	---------
Depreciation
At 1 February 2024	14,230	48,466	63,064	23,580	149,340
Charge for the year	1,598	11,862	27,563	407	41,430
Disposals	–	–	( 29,390)	–	( 29,390)
	--------	---------	---------	--------	---------
At 31 January 2025	15,828	60,328	61,237	23,987	161,380
	--------	---------	---------	--------	---------
Carrying amount
At 31 January 2025	4,777	62,365	112,801	885	180,828
	--------	---------	---------	--------	---------
At 31 January 2024	6,375	74,227	105,067	668	186,337
	--------	---------	---------	--------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	118,676	240,399
Other debtors	41,808	66,690
	---------	---------
	160,484	307,089
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	2,500	2,500
Trade creditors	45,488	30,607
Social security and other taxes	60,606	66,817
Other creditors	46,417	73,482
	---------	---------
	155,011	173,406
	---------	---------

Included within other creditors is an amount of £28,785 (2024: £42,317) relating to assets acquired under hire purchase agreements. Hire purchase agreements are secured on the assets concerned.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	2,917	5,417
Other creditors	29,243	30,719
	--------	--------
	32,160	36,136
	--------	--------

Included within other creditors is an amount of £29,243 (2024: £30,719) relating to assets acquired under hire purchase agreements. Hire purchase agreements are secured on the assets concerned.

10. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	44,827	46,086
	--------	--------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	44,827	46,086
	--------	--------

11. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Later than 1 year and not later than 5 years	52,430	52,430
	--------	--------