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REGISTERED NUMBER: 06647345 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 July 2024

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 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KST'S LIMITED
BLUSH BEAUTY BOX

Company Information
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: B S Thaliwal





REGISTERED OFFICE: Unit 1, 37 Derby Road
Loughborough
Leicestershire
LE11 5AD





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 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 65,754 77,358
Investments 5 1,000 1,000
66,754 78,358

CURRENT ASSETS
Stocks 490,448 493,556
Debtors 6 551,861 705,228
Cash at bank 194,947 200,562
1,237,256 1,399,346
CREDITORS
Amounts falling due within one year 7 240,696 297,297
NET CURRENT ASSETS 996,560 1,102,049
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,063,314

1,180,407

PROVISIONS FOR LIABILITIES 16,145 14,426
NET ASSETS 1,047,169 1,165,981

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

Balance Sheet - continued
31 JULY 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,047,069 1,165,881
SHAREHOLDERS' FUNDS 1,047,169 1,165,981

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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 15 February 2025 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 2024

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 2024

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 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 August 2023
and 31 July 2024 287,876
DEPRECIATION
At 1 August 2023 210,518
Charge for year 11,604
At 31 July 2024 222,122
NET BOOK VALUE
At 31 July 2024 65,754
At 31 July 2023 77,358

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

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023
and 31 July 2024 1,000
NET BOOK VALUE
At 31 July 2024 1,000
At 31 July 2023 1,000

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade debtors 94,652 95,612
Amounts owed by group undertakings 299,000 399,000
Other debtors 158,209 210,616
551,861 705,228

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade creditors 161,142 202,464
Taxation and social security 77,003 91,260
Other creditors 2,551 3,573
240,696 297,297

8. CONTROLLING INTEREST

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