KP Site Management Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08003248

KP Site Management Ltd

Filleted Unaudited Financial Statements

31 March 2025

KP Site Management Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		2,402	2,315

Current assets

Debtors	6	21,060	18,720
Cash at bank and in hand		48,006	23,159
		--------	--------
		69,066	41,879

Creditors: amounts falling due within one year	7	38,558		29,265
		--------		--------
Net current assets			30,508	12,614
			--------	--------
Total assets less current liabilities			32,910	14,929

Creditors: amounts falling due after more than one year	8	298	1,805
		--------	--------
Net assets		32,612	13,124
		--------	--------

Capital and reserves

Called up share capital	10	10
Profit and loss account	32,602	13,114
	--------	--------
Shareholders funds	32,612	13,124
	--------	--------

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 March 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 .

KP Site Management Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

Mr K Paterson
Director

Company registration number: 08003248

KP Site Management Ltd

Notes to the Financial Statements

Year ended 31 March 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 10 Albert Gardens, Llandudno, Conwy, LL30 1UD.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

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

	Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 April 2024	6,914	6,914
Additions	1,477	1,477
	-------	-------
At 31 March 2025	8,391	8,391
	-------	-------
Depreciation
At 1 April 2024	4,599	4,599
Charge for the year	1,390	1,390
	-------	-------
At 31 March 2025	5,989	5,989
	-------	-------
Carrying amount
At 31 March 2025	2,402	2,402
	-------	-------
At 31 March 2024	2,315	2,315
	-------	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	21,060	18,720
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	2,871	333
Corporation tax	25,328	19,247
Social security and other taxes	8,816	7,933
Other creditors	1,543	1,752
	--------	--------
	38,558	29,265
	--------	--------

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

	2025	2024
	£	£
Other creditors	298	1,805
	----	-------

9. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
Mr K Paterson	–	–	–
	----	----	----

	2024
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
Mr K Paterson	7,458	( 7,458)	–
	-------	-------	----

10. Related party transactions

The company was under the control of Mr Paterson throughout the current and previous year. Mr Paterson is the managing director and majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.