Company Registration No. 12739722 (England and Wales)
KW Interiors (South West & Wales) Ltd
Unaudited accounts
for the year ended 5 April 2024
KW Interiors (South West & Wales) Ltd
Statement of financial position
as at 5 April 2024
Tangible assets
16,832
4,689
Cash at bank and in hand
64,940
43,990
Creditors: amounts falling due within one year
(60,274)
(18,997)
Net current assets
95,308
69,164
Total assets less current liabilities
112,140
73,853
Creditors: amounts falling due after more than one year
(15,052)
-
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
93,888
72,960
Shareholders' funds
93,890
72,962
For the year ending 5 April 2024 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.
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 7 May 2024 and were signed on its behalf by
Warren Adams
Director
Company Registration No. 12739722
KW Interiors (South West & Wales) Ltd
Notes to the Accounts
for the year ended 5 April 2024
KW Interiors (South West & Wales) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12739722. The registered office is 60 Clifford Gardens, Shirehampton, Bristol, BS11 0EE, England.
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
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 6 April 2023
6,931
-
6,931
At 5 April 2024
6,931
18,500
25,431
At 6 April 2023
2,242
-
2,242
Charge for the year
1,732
4,625
6,357
At 5 April 2024
3,974
4,625
8,599
At 5 April 2024
2,957
13,875
16,832
At 5 April 2023
4,689
-
4,689
KW Interiors (South West & Wales) Ltd
Notes to the Accounts
for the year ended 5 April 2024
Amounts falling due within one year
Trade debtors
57,557
10,093
Other debtors
22,201
32,291
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
3,760
-
Trade creditors
23,843
3,711
Taxes and social security
23,999
14,889
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
15,052
-
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).