2024-06-01 07634313 2025-05-31 07634313 2024-06-01 2025-05-31 07634313 2024-05-31 07634313 2023-06-01 2024-05-31 07634313 uk-core:WithinOneYear 2024-05-31 07634313 uk-core:WithinOneYear 2025-05-31 07634313 uk-core:ShareCapital 2025-05-31 07634313 uk-core:ShareCapital 2024-05-31 07634313 uk-core:RetainedEarningsAccumulatedLosses 2025-05-31 07634313 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 07634313 uk-bus:Director1 2024-06-01 2025-05-31 07634313 uk-core:FurnitureFittingsToolsEquipment 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure 07634313 uk-bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 07634313 uk-bus:FRS102 2024-06-01 2025-05-31 07634313 uk-bus:FilletedAccounts 2024-06-01 2025-05-31 07634313 uk-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31
K-STAR THAI BOXING (SHELDON) LTD
Registered Number:07634313
For the year ended 31 May 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2025
K-STAR THAI BOXING (SHELDON) LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
07634313
As at 31 May 2025
K-STAR THAI BOXING (SHELDON) LTD
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
10,268
1,122
2
10,268
1,122
Current assets
Trade and other receivables
5,458
2,612
3
30,675
Cash and cash equivalents
13,295
15,907
36,133
Trade and other payables: amounts falling due within one
year
(17,470)
(13,629)
4
18,663
2,278
Net current assets
Total assets less current liabilities
12,546
19,785
(1,951)
(234)
Provisions for liabilities
10,595
Net assets
19,551
Capital and reserves
Called up share capital
4
4
Retained earnings
10,591
19,547
10,595
19,551
Shareholders' funds
For the year ended 31 May 2025 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 of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Steven Logan Director
These financial statements were approved and authorised for issue by the Board on 28 August 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2025
K-STAR THAI BOXING (SHELDON) LTD
Notes to the Financial Statements
Statutory Information
K-STAR THAI BOXING (SHELDON) LTD is a private limited company, limited by shares, domiciled in England and
Wales, registration number 07634313.
Principal place of business:
328 Hobs Moat Road
Sheldon
Birmingham
B92 8JT
Registered address:
KLM Associates
Jaguar House
Cecil Street
Birmingham
B19 3ST
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation . Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Reducing balance
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 31 May 2025
K-STAR THAI BOXING (SHELDON) LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 June 2024
4,201
10,958
Additions
At 31 May 2025
15,159
Provision for depreciation and impairment
At 01 June 2024
3,079
Charge for year
1,812
At 31 May 2025
4,891
At 31 May 2025
Net book value
10,268
At 31 May 2024
1,122
3. Trade and other receivables
2024
2025
£
£
Prepayments and accrued income
1,831
486
Taxation and social security
-
191
Other debtors
781
4,781
5,458
2,612
4. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Taxation and social security
10,015
13,727
Accruals and deferred income
1,500
960
Directors' loan accounts
806
807
Other creditors
1,308
1,976
13,629
17,470
5. Related party transactions
The ultimate controlling parties during the year were Steven Logan and Adrian Maguire , directors , whom control
the company by virtue of each owning 50% of the share capital.
During the year management consultancy fees of £8,400 ( 2024 - £8,400 ) were paid to Logan Management
Consultancy Ltd a company wholly owned by Steven Logan.
3 of 4
6
For the year ended 31 May 2025
K-STAR THAI BOXING (SHELDON) LTD
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 3 (2024 : 3)
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