Kmac Surfacing Ltd - Filleted accounts

Registered number

10889744

Kmac Surfacing Ltd

Filleted Accounts

31 July 2025

Kmac Surfacing Ltd
Registered number:		10889744
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		112,530			86,347

Current assets
Debtors	4	205,931			99,118
Cash at bank and in hand		211,987			190,442
		417,918			289,560

Creditors: amounts falling due within one year	5	(136,790)			(56,620)

Net current assets			281,128			232,940

Total assets less current liabilities			393,658			319,287

Creditors: amounts falling due after more than one year	6		(122,085)			(135,252)



Net assets			271,573			184,035

Capital and reserves
Called up share capital			100			100
Profit and loss account			271,473			183,935

Shareholders' funds			271,573			184,035

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




B Harris
Director
Approved by the board on 29 July 2026

Kmac Surfacing Ltd
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 August 2024			2,456		116,068		118,524
	Additions			25,150		29,166		54,316
	At 31 July 2025			27,606		145,234		172,840

	Depreciation
	At 1 August 2024			1,473		30,704		32,177
	Charge for the year			5,227		22,906		28,133
	At 31 July 2025			6,700		53,610		60,310

	Net book value
	At 31 July 2025			20,906		91,624		112,530
	At 31 July 2024			983		85,364		86,347


4	Debtors					2025		2024
£							£

	Other debtors					120,735		32,466
	Directors' loan account					85,196		66,652
						205,931		99,118


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Taxation and social security costs					132,726		52,560
	Other creditors					4,064		4,060
						136,790		56,620


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					28,854		48,438
	Obligations under finance lease and hire purchase contracts					93,231		86,814
						122,085		135,252


7	Loans to directors
	Description and conditions	B/fwd	Advanced		Repaid		C/fwd
£			£		£		£
	Ben Harris
	Director's Loan Account	66,652		18,544		-		85,196

		66,652		18,544		-		85,196


	An amount of £18,544 was repaid within 9 months of the year end


8	Other information

	Kmac Surfacing Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Mill
	Kingsteignton Road
	Newton Abbot
	Devon
	TQ12 2QA