K & H Power Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12893150 (England and Wales)

Unaudited Financial Statements

for the Period 21 September 2020 to 30 September 2021

for

K & H Power Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Hunter

REGISTERED OFFICE:

26a Wells Drive

London

NW9 8DG

REGISTERED NUMBER:

12893150 (England and Wales)

FIXED ASSETS

Intangible assets

4

16,000

Tangible assets

5

13,365

29,365

CURRENT ASSETS

Cash at bank and in hand

29,356

CREDITORS

Amounts falling due within one year

6

36,726

NET CURRENT LIABILITIES

(7,370

)

TOTAL ASSETS LESS CURRENT LIABILITIES

21,995

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

21,994

SHAREHOLDERS' FUNDS

21,995

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

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

The director acknowledges his 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 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 director and authorised for issue on 8 December 2021 and were signed by:

S Hunter - Director

1.	STATUTORY INFORMATION

K & H Power Solutions Limited is a private company, limited by shares , registered in England and Wales. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

20,000

At 30 September 2021

20,000

AMORTISATION

Charge for period

4,000

At 30 September 2021

4,000

NET BOOK VALUE

At 30 September 2021

16,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

Additions

14,620

1,380

1,820

17,820

At 30 September 2021

14,620

1,380

1,820

17,820

DEPRECIATION

Charge for period

3,655

345

455

4,455

At 30 September 2021

3,655

345

455

4,455

NET BOOK VALUE

At 30 September 2021

10,965

1,035

1,365

13,365

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

32,960

VAT

92

Other creditors

1,655

Directors' current accounts

430

Accrued expenses

1,589

36,726