IRIS Accounts Production v24.1.0.578 06647345 director 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066473452022-07-31066473452023-07-31066473452022-08-012023-07-31066473452021-07-31066473452021-08-012022-07-31066473452022-07-3106647345ns15:EnglandWales2022-08-012023-07-3106647345ns14:PoundSterling2022-08-012023-07-3106647345ns10:Director12022-08-012023-07-3106647345ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3106647345ns10:SmallEntities2022-08-012023-07-3106647345ns10:AuditExemptWithAccountantsReport2022-08-012023-07-3106647345ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3106647345ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3106647345ns10:FullAccounts2022-08-012023-07-3106647345ns10:RegisteredOffice2022-08-012023-07-3106647345ns5:CurrentFinancialInstruments2023-07-3106647345ns5:CurrentFinancialInstruments2022-07-3106647345ns5:ShareCapital2023-07-3106647345ns5:ShareCapital2022-07-3106647345ns5:RetainedEarningsAccumulatedLosses2023-07-3106647345ns5:RetainedEarningsAccumulatedLosses2022-07-3106647345ns5:FurnitureFittings2022-08-012023-07-3106647345ns5:FurnitureFittings2022-07-3106647345ns5:FurnitureFittings2023-07-3106647345ns5:FurnitureFittings2022-07-3106647345ns5:CostValuation2022-07-3106647345ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3106647345ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 06647345 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 July 2023

for

KST'S LIMITED
BLUSH BEAUTY BOX

KST'S LIMITED (REGISTERED NUMBER: 06647345)
BLUSH BEAUTY BOX






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

KST'S LIMITED
BLUSH BEAUTY BOX

Company Information
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: B S Thaliwal





REGISTERED OFFICE: 86 Spencefield Lane
Leicester
Leicestershire
LE5 6HF





REGISTERED NUMBER: 06647345 (England and Wales)





ACCOUNTANTS: K G Solanki & Co.
Hamilton House
315 St Saviours Road
Leicester
Leicestershire
LE5 4HG

KST'S LIMITED (REGISTERED NUMBER: 06647345)
BLUSH BEAUTY BOX

Balance Sheet
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,358 90,295
Investments 5 1,000 1,000
78,358 91,295

CURRENT ASSETS
Stocks 493,556 487,701
Debtors 6 705,228 756,447
Cash at bank 200,562 274,252
1,399,346 1,518,400
CREDITORS
Amounts falling due within one year 7 297,297 368,803
NET CURRENT ASSETS 1,102,049 1,149,597
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,180,407

1,240,892

PROVISIONS FOR LIABILITIES 14,426 16,824
NET ASSETS 1,165,981 1,224,068

KST'S LIMITED (REGISTERED NUMBER: 06647345)
BLUSH BEAUTY BOX

Balance Sheet - continued
31 JULY 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,165,881 1,223,968
SHAREHOLDERS' FUNDS 1,165,981 1,224,068

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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 6 April 2024 and were signed by:





B S Thaliwal - Director


KST'S LIMITED (REGISTERED NUMBER: 06647345)
BLUSH BEAUTY BOX

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

KST'S 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


KST'S LIMITED (REGISTERED NUMBER: 06647345)
BLUSH BEAUTY BOX

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2023

2. ACCOUNTING POLICIES - continued
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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 13 ) .

KST'S LIMITED (REGISTERED NUMBER: 06647345)
BLUSH BEAUTY BOX

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 August 2022 287,161
Additions 715
At 31 July 2023 287,876
DEPRECIATION
At 1 August 2022 196,866
Charge for year 13,652
At 31 July 2023 210,518
NET BOOK VALUE
At 31 July 2023 77,358
At 31 July 2022 90,295

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2022
and 31 July 2023 1,000
NET BOOK VALUE
At 31 July 2023 1,000
At 31 July 2022 1,000

The company holds 1,000 Ordinary shares in H86 Living Limited which comprises its 100% shareholding.

KST'S LIMITED (REGISTERED NUMBER: 06647345)
BLUSH BEAUTY BOX

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2023 2022
£    £   
Trade debtors 95,612 149,602
Amounts owed by group undertakings 399,000 399,000
Other debtors 210,616 207,845
705,228 756,447

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2023 2022
£    £   
Trade creditors 202,464 235,605
Taxation and social security 91,260 103,355
Other creditors 3,573 29,843
297,297 368,803

8. CONTROLLING INTEREST

The company is under the control of director and shareholder Mr B S Thaliwal

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
KST'S Limited

The following reproduces the text of the report prepared for the director 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 Director 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 KST'S Limited for the year ended 31 July 2023 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 the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of KST'S Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of KST'S Limited and state those matters that we have agreed to state to the director of KST'S Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KST'S Limited and its director for our work or for this report.

It is your duty to ensure that KST'S 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 KST'S Limited. You consider that KST'S 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 KST'S 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.






K G Solanki & Co.
Hamilton House
315 St Saviours Road
Leicester
Leicestershire
LE5 4HG



Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
KST'S Limited

6 April 2024