Company Registration No. 14641125 (Wales)
KPM Electrical Services Ltd
Unaudited accounts
for the year ended 28 February 2026
KPM Electrical Services Ltd
Unaudited accounts
Contents
KPM Electrical Services Ltd
Company Information
for the year ended 28 February 2026
Directors
John Stuart King
John King
Company Number
14641125 (Wales)
Registered Office
Brennyns Cwtch
Capel Isaac
Llandeilo
Carmarthenshire
SA19 7AD
Wales
Accountants
DCP Accountancy Limited
45 Dol Y Dderwen
Ammanford
Carmarthenshire
SA18 2GE
KPM Electrical Services Ltd
Statement of financial position
as at 28 February 2026
Tangible assets
22,454
13,710
Cash at bank and in hand
9,967
9,546
Creditors: amounts falling due within one year
(1,406)
(6,135)
Net current assets
29,133
27,570
Total assets less current liabilities
51,587
41,280
Creditors: amounts falling due after more than one year
(23,398)
(11,245)
Called up share capital
1
1
Profit and loss account
28,188
30,034
Shareholders' funds
28,189
30,035
For the year ending 28 February 2026 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 9 June 2026 and were signed on its behalf by
John Stuart King
Director
Company Registration No. 14641125
KPM Electrical Services Ltd
Notes to the Accounts
for the year ended 28 February 2026
KPM Electrical Services Ltd is a private company, limited by shares, registered in Wales, registration number 14641125. The registered office is Brennyns Cwtch, Capel Isaac, Llandeilo, Carmarthenshire, SA19 7AD, Wales.
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% reducing balance
Motor vehicles
20% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
KPM Electrical Services Ltd
Notes to the Accounts
for the year ended 28 February 2026
4
Tangible fixed assets
Total
At 28 February 2026
28,369
At 28 February 2026
22,454
At 28 February 2025
13,710
5
Average number of employees
During the year the average number of employees was 2 (2025: 2).