KLS WHOLESALE TRADING LTD

Company Registration Number:
07810608 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

KLS WHOLESALE TRADING LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

KLS WHOLESALE TRADING LTD

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 35,331 157,899
Total fixed assets: 35,331 157,899
Current assets
Stocks: 50,000 50,000
Debtors:   49,597 30,076
Cash at bank and in hand: 173,732 51,945
Total current assets: 273,329 132,021
Creditors: amounts falling due within one year:   (148,738) (165,348)
Net current assets (liabilities): 124,591 (33,327)
Total assets less current liabilities: 159,922 124,572
Creditors: amounts falling due after more than one year:   (3,678) (11,658)
Provision for liabilities: (7,543) (4,690)
Total net assets (liabilities): 148,701 108,224
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 147,701 107,224
Shareholders funds: 148,701 108,224

The notes form part of these financial statements

KLS WHOLESALE TRADING LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 May 2025
and signed on behalf of the board by:

Name: Kevin Lomas
Status: Director

The notes form part of these financial statements

KLS WHOLESALE TRADING LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the invoiced value of goods supplied by the company, net of value added tax and trade discounts.

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Plant and machinery - reducing balance 25%. Commercial vehicles - reducing balance 25%. Fixtures and fittings - reducing balance 25%. Equipment - reducing balance 25%.

KLS WHOLESALE TRADING LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 23 25

KLS WHOLESALE TRADING LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 272,569
Additions 25,809
Disposals (139,067)
At 30 September 2024 159,311
Depreciation
At 01 October 2023 114,670
Charge for year 11,334
On disposals (2,024)
At 30 September 2024 123,980
Net book value
At 30 September 2024 35,331
At 30 September 2023 157,899