KCM (Catering Equipment) Limited - Accounts to registrar (filleted) - small 18.2

KCM (Catering Equipment) Limited - Accounts to registrar (filleted) - small 18.2

KCM (CATERING EQUIPMENT) LIMITED - Company Information

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REGISTERED NUMBER: 05576567


















Unaudited Financial Statements

for the Year Ended 30 September 2021

for

KCM (Catering Equipment) Limited
KCM (Catering Equipment) Limited (Registered number: 05576567)






Contents of the Financial Statements
for the Year Ended 30 September 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

KCM (Catering Equipment) Limited

Company Information
for the Year Ended 30 September 2021







DIRECTORS: Mrs J Knight
A P White
L F D Knight





SECRETARY: Mrs J Knight





REGISTERED OFFICE: Unit 11
Priest Court
Caunt Road
Grantham
Lincolnshire
NG31 7FZ





REGISTERED NUMBER: 05576567





ACCOUNTANTS: Moore Emmerson Accountants Ltd
81 Castle Street
Saffron Walden
CB10 1BQ
Page 1
KCM (Catering Equipment) Limited (Registered number: 05576567)

Balance Sheet
30 September 2021

30.9.21 30.9.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,728 11,382

CURRENT ASSETS
Stocks 33,727 49,898
Debtors 5 65,826 111,613
Cash at bank and in hand 310,177 113,659
409,730 275,170
CREDITORS
Amounts falling due within one year 6 252,176 140,375
NET CURRENT ASSETS 157,554 134,795
TOTAL ASSETS LESS CURRENT
LIABILITIES
177,282
146,177

PROVISIONS FOR LIABILITIES 1,622 2,162
NET ASSETS 175,660 144,015

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 175,560 143,915
SHAREHOLDERS' FUNDS 175,660 144,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
KCM (Catering Equipment) Limited (Registered number: 05576567)

Balance Sheet - continued
30 September 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2022 and were signed on its behalf by:





Mrs J Knight - Director


The notes form part of these financial statements

Page 3
KCM (Catering Equipment) Limited (Registered number: 05576567)

Notes to the Financial Statements
for the Year Ended 30 September 2021

1. STATUTORY INFORMATION

KCM (Catering Equipment) Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax (having regard to the fulfilment of contractual obligations).

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 12.5% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Page 4 continued...
KCM (Catering Equipment) Limited (Registered number: 05576567)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2020 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2020 71,215
Additions 16,787
At 30 September 2021 88,002
DEPRECIATION
At 1 October 2020 59,833
Charge for year 8,441
At 30 September 2021 68,274
NET BOOK VALUE
At 30 September 2021 19,728
At 30 September 2020 11,382

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.21 30.9.20
£    £   
Trade debtors 45,205 106,030
Other debtors 20,621 5,583
65,826 111,613

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.21 30.9.20
£    £   
Bank loans and overdrafts 16,259 -
Trade creditors 173,326 99,844
Taxation and social security 18,696 33,270
Other creditors 43,895 7,261
252,176 140,375

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.9.21 30.9.20
value: £    £   
100 Ordinary £1 100 100

Page 5
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
KCM (Catering Equipment) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of KCM (Catering Equipment) Limited for the year ended 30 September 2021 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of KCM (Catering Equipment) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of KCM (Catering Equipment) Limited and state those matters that we have agreed to state to the Board of Directors of KCM (Catering Equipment) Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that KCM (Catering Equipment) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of KCM (Catering Equipment) Limited. You consider that KCM (Catering Equipment) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of KCM (Catering Equipment) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Emmerson Accountants Ltd
81 Castle Street
Saffron Walden
CB10 1BQ


21 March 2022

This page does not form part of the statutory financial statements

Page 6