KG SMILES LTD - Accounts

KG SMILES LTD

Statement of Financial Position

As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	2	607,563	592,081
		607,563	592,081
Current assets
Financial assets	3	612,472	612,472
Cash at bank and in hand		169	709
		612,641	613,181
Creditors: amount falling due within one year	4	(352,918)	(334,517)
Net current assets/(liabilities)		259,723	278,664


Total assets less current liabilities		867,286	870,745
Creditors: amount falling due after more than one year	5	(216,023)	(463,924)
Provisions for liabilities	6	(4,128)	(257)
Net assets/(liabilities)		647,135	406,564

Capital and reserves
Called up share capital		2	2
Profit and loss account	7	647,133	406,562
Shareholders fund		647,135	406,564

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors:

----------------------------------
Jonathan Beacher
Director

Date approved: 04 August 2025

KG SMILES LTD

Notes to the Accounts

For the year ended 31 March 2025

Statutory Information

KG SMILES LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 11373001, registration address 24 Maldon Road, Danbury, Chelmsford, Essex, CM3 4QH, England.

The presentation currency is £ sterling.

1.	Accounting Policies Basis of accounting The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).

Tangible fixed assets

Cost or Valuation	Freehold property	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
At 01 April 2024	590,727	2,857	1,523	595,107
Additions	-	4,650	16,444	21,094
At 31 March 2025	590,727	7,507	17,967	616,201
Depreciation
At 01 April 2024	-	1,953	1,073	3,026
Charge for year	-	1,389	4,223	5,612
At 31 March 2025	-	3,342	5,296	8,638
Net book values
Closing balance as at 31 March 2025	590,727	4,165	12,671	607,563
Opening balance as at 01 April 2024	590,727	904	450	592,081

Financial assets

	2025 £		2024 £
Investments - subsidiaries b/fwd	612,472		612,472
	612,472		612,472

Creditors: amount falling due within one year

	2025 £	2024 £
Bank loans & overdrafts	-	10,323
Directors' current account	351,786	322,786
Amounts owed by/to group undertakings	1,132	1,132
Corporation tax	-	276
	352,918	334,517

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank loans & overdrafts	216,023		463,924
	216,023		463,924

Amounts falling due in more than five years:
Repayable by installments
Bank loans & overdrafts	216,023	463,924
	216,023	463,924

Provisions for liabilities

	2025 £		2024 £
Deferred tax	4,128		257
	4,128		257

Profit and loss account

	2025 £
Balance at 01 April 2024	406,562
Profit for the year	315,571
Equity dividend paid	(75,000)
Balance at 31 March 2025	647,133

8.	Average number of employees Average number of employees during the year was 0 (2024: 0).