Company Registration No. 11344787 (England and Wales)
KST TRADE LTD
Unaudited accounts
for the year ended 31 May 2024
KST TRADE LTD
Unaudited accounts
Contents
KST TRADE LTD
Company Information
for the year ended 31 May 2024
Director
Thiviyanthan Arulananthapillai
Company Number
11344787 (England and Wales)
Registered Office
95 Chesterfield Road
Sheffield
England
S8 0RN
Accountants
IRTS Business Solutions Limited
209 The Heights
Northolt
Middlesex
UB5 4BX
KST TRADE LTD
Statement of financial position
as at 31 May 2024
Tangible assets
20,007
22,230
Cash at bank and in hand
8,611
27,054
Creditors: amounts falling due within one year
(44,233)
(54,344)
Net current liabilities
(297)
(9,030)
Called up share capital
1,000
1,000
Profit and loss account
18,710
12,200
Shareholders' funds
19,710
13,200
For the year ending 31 May 2024 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 director acknowledges his 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 and authorised for issue on 30 May 2025 and were signed on its behalf by
Thiviyanthan Arulananthapillai
Director
Company Registration No. 11344787
KST TRADE LTD
Notes to the Accounts
for the year ended 31 May 2024
KST TRADE LTD is a private company, limited by shares, registered in England and Wales, registration number 11344787. The registered office is 95 Chesterfield Road, Sheffield, England, S8 0RN.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
14,500
10,200
24,700
At 31 May 2024
14,500
10,200
24,700
At 1 June 2023
1,450
1,020
2,470
Charge for the year
1,305
918
2,223
At 31 May 2024
2,755
1,938
4,693
At 31 May 2024
11,745
8,262
20,007
At 31 May 2023
13,050
9,180
22,230
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
11,030
7,479
Taxes and social security
1,632
708
Loans from directors
29,171
44,957
KST TRADE LTD
Notes to the Accounts
for the year ended 31 May 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).