K T Construction (Elmer) Limited

K T Construction (Elmer) Limited

K T CONSTRUCTION (ELMER) LIMITED - Company Information

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1 April 2022 false No description of principal activity Taxfiler 2023.11 04686029business:PrivateLimitedCompanyLtd2022-04-012023-03-31 046860292022-03-31 046860292022-04-012023-03-31 04686029business:AuditExemptWithAccountantsReport2022-04-012023-03-31 04686029business:FilletedAccounts2022-04-012023-03-31 046860292023-03-31 04686029business:Director12022-04-012023-03-31 04686029business:Director22022-04-012023-03-31 04686029business:RegisteredOffice2022-04-012023-03-31 046860292022-03-31 04686029core:WithinOneYear2023-03-31 04686029core:WithinOneYear2022-03-31 04686029core:AfterOneYear2023-03-31 04686029core:AfterOneYear2022-03-31 04686029core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 04686029core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 04686029core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 04686029core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 04686029core:PreviouslyStatedAmount2023-03-31 04686029core:PreviouslyStatedAmount2022-03-31 04686029business:SmallEntities2022-04-012023-03-31 04686029countries:EnglandWales2022-04-012023-03-31 04686029core:LandBuildings2022-04-012023-03-31 04686029core:PlantMachinery2022-04-012023-03-31 04686029core:MotorVehicles2022-04-012023-03-31 04686029core:FurnitureFittings2022-04-012023-03-31 04686029core:ComputerEquipment2022-04-012023-03-31 04686029core:OtherPropertyPlantEquipment2022-04-012023-03-31 04686029core:PlantMachinery2022-03-31 04686029core:MotorVehicles2022-03-31 04686029core:ComputerEquipment2022-03-31 04686029core:PlantMachinery2023-03-31 04686029core:MotorVehicles2023-03-31 04686029core:ComputerEquipment2023-03-31 046860292021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 04686029 (England and Wales)
K T Construction (Elmer) Limited Unaudited accounts for the year ended 31 March 2023
K T Construction (Elmer) Limited Unaudited accounts Contents
Page
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K T Construction (Elmer) Limited Company Information for the year ended 31 March 2023
Directors
HANCOCK, Anthony Richard HANCOCK, Keanu Anthony
Company Number
04686029 (England and Wales)
Registered Office
23 Canadian Crescent, Selsey, Chichester, Selsey England PO20 0UQ England
Accountants
AMG FINANCIAL UK LTD 23 Canadian Crescent Selsey Chichester West Sussex PO20 0UQ
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K T Construction (Elmer) Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
53,903 
15,913 
Current assets
Inventories
- 
127,924 
Debtors
5
8,260 
- 
Cash at bank and in hand
9,399 
9,519 
17,659 
137,443 
Creditors: amounts falling due within one year
6
(41,910)
(173,619)
Net current liabilities
(24,251)
(36,176)
Total assets less current liabilities
29,652 
(20,263)
Creditors: amounts falling due after more than one year
7
(19,083)
- 
Provisions for liabilities
Deferred tax
(10,242)
(3,023)
Net assets/(liabilities)
327 
(23,286)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
325 
(23,288)
Shareholders' funds
327 
(23,286)
For the year ending 31 March 2023 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 20 December 2023 and were signed on its behalf by
HANCOCK, Anthony Richard Director Company Registration No. 04686029
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K T Construction (Elmer) Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
K T Construction (Elmer) Limited is a private company, limited by shares, registered in England and Wales, registration number 04686029. The registered office is 23 Canadian Crescent,, Selsey, Chichester, , Selsey, England, PO20 0UQ, 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.
3
Accounting policies
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
25%
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
Other tangible fixed assets
25%
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K T Construction (Elmer) Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
14,700 
27,755 
6,203 
48,658 
Additions
2,800 
76,580 
922 
80,302 
Disposals
- 
(47,148)
- 
(47,148)
At 31 March 2023
17,500 
57,187 
7,125 
81,812 
Depreciation
At 1 April 2022
11,737 
16,259 
4,749 
32,745 
Charge for the year
1,441 
- 
402 
1,843 
On disposals
- 
(6,679)
- 
(6,679)
At 31 March 2023
13,178 
9,580 
5,151 
27,909 
Net book value
At 31 March 2023
4,322 
47,607 
1,974 
53,903 
At 31 March 2022
2,963 
11,496 
1,454 
15,913 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,080 
- 
Accrued income and prepayments
2,451 
- 
Other debtors
1,729 
- 
8,260 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
105,000 
VAT
8,012 
2,196 
Obligations under finance leases and hire purchase contracts
4,596 
9,684 
Trade creditors
25,000 
6,886 
Taxes and social security
3,773 
4,485 
Loans from directors
529 
42,508 
Accruals
- 
2,860 
41,910 
173,619 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
19,083 
- 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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