Company Registration No. 11231672 (England and Wales)
KST Groundwork & Construction Limited
Unaudited accounts
for the year ended 31 March 2025
KST Groundwork & Construction Limited
Statement of financial position
as at 31 March 2025
Tangible assets
71,503
55,029
Cash at bank and in hand
142,141
73,776
Creditors: amounts falling due within one year
(118,452)
(54,098)
Net current assets
103,996
103,642
Total assets less current liabilities
175,499
158,671
Creditors: amounts falling due after more than one year
(38,915)
(31,250)
Net assets
136,584
127,421
Called up share capital
10
10
Profit and loss account
136,574
127,411
Shareholders' funds
136,584
127,421
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 director acknowledges his 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 and authorised for issue on 12 April 2025 and were signed on its behalf by
K Thomas
Director
Company Registration No. 11231672
KST Groundwork & Construction Limited
Notes to the Accounts
for the year ended 31 March 2025
KST Groundwork & Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 11231672. The registered office is Heath Place, Ash Grove, Bognor Regis, PO22 9SL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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% straight line
Motor vehicles
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
KST Groundwork & Construction Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
29,026
78,302
107,328
Additions
26,000
9,607
35,607
At 31 March 2025
55,026
87,909
142,935
At 1 April 2024
17,248
35,051
52,299
Charge for the year
10,490
8,643
19,133
At 31 March 2025
27,738
43,694
71,432
At 31 March 2025
27,288
44,215
71,503
At 31 March 2024
11,778
43,251
55,029
Amounts falling due within one year
Trade debtors
41,251
66,066
Other debtors
11,558
8,414
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,000
5,000
Obligations under finance leases and hire purchase contracts
10,000
-
Taxes and social security
46,370
49,098
Loans from directors
23,341
-
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
12,665
-
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).