REGISTERED NUMBER: 05686152 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

KPMSUK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Boukhari

REGISTERED OFFICE:

Park Lane Business Centre

Unit 6

Park Lane, Langham

Colchester

Essex

CO4 5NL

REGISTERED NUMBER:

05686152 (England and Wales)

ACCOUNTANTS:

ESW Chartered Accountants

162-164 High Street

Rayleigh

Essex

SS6 7BS

FIXED ASSETS

Tangible assets

4

315,510

334,284

CURRENT ASSETS

Debtors

5

745,617

508,842

Cash at bank and in hand

190,884

402,390

936,501

911,232

CREDITORS

Amounts falling due within one year

6

(741,888

)

(640,069

)

NET CURRENT ASSETS

194,613

271,163

TOTAL ASSETS LESS CURRENT LIABILITIES

510,123

605,447

CREDITORS

Amounts falling due after more than one year

7

(376,273

)

(475,846

)

NET ASSETS

133,850

129,601

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

132,850

128,601

SHAREHOLDERS' FUNDS

133,850

129,601

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 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 22nd September 2025 and were signed by:

S J Boukhari - Director

1.	STATUTORY INFORMATION

KPMSUK 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

5% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

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.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 24 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st February 2024

and 31st January 2025

570,099

DEPRECIATION

At 1st February 2024

235,815

Charge for year

18,774

At 31st January 2025

254,589

NET BOOK VALUE

At 31st January 2025

315,510

At 31st January 2024

334,284

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1st February 2024

and 31st January 2025

30,645

DEPRECIATION

At 1st February 2024

and 31st January 2025

24,480

NET BOOK VALUE

At 31st January 2025

6,165

At 31st January 2024

6,165

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

195,724

102,299

Other debtors

549,893

406,543

745,617

508,842

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

143,404

139,474

Trade creditors

141,936

123,759

Taxation and social security

314,170

289,378

Other creditors

142,378

87,458

741,888

640,069

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

162,689

181,173

Other creditors

213,584

294,673

376,273

475,846

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Merchant Money

128,813

-

Clydesdale Bank Plc has a fixed and floating charge dated 26 June 2017 covering all the property or undertaking of the company.

Merchant Money Spv a LTD has a fixed and floating charge dated 30 September 2022 covering all the property or undertaking of the company.

Merchant Money LTD has a fixed and floating charge dated 10 January 2024 covering all the property or undertaking of the company.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director of the company Mr S Boukhari.