REGISTERED NUMBER: 09010649 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Kaleidacoat Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M R Hunt

REGISTERED OFFICE:

Sparkhouse Studios

Ropewalk

Lincoln

Lincolnshire

LN6 7DQ

REGISTERED NUMBER:

09010649 (England and Wales)

ACCOUNTANTS:

ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

FIXED ASSETS

Tangible assets

4

84,073

40,790

CURRENT ASSETS

Debtors

5

212,181

126,103

Investments

6

12,920

12,920

Cash at bank and in hand

4,046

41,943

229,147

180,966

CREDITORS

Amounts falling due within one year

7

119,240

81,511

NET CURRENT ASSETS

109,907

99,455

TOTAL ASSETS LESS CURRENT LIABILITIES

193,980

140,245

CREDITORS

Amounts falling due after more than one year

8

(151,860

)

(50,112

)

PROVISIONS FOR LIABILITIES

(3,897

)

(5,561

)

NET ASSETS

38,223

84,572

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

38,222

84,571

SHAREHOLDERS' FUNDS

38,223

84,572

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

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

M R Hunt - Director

1.	STATUTORY INFORMATION

Kaleidacoat 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 represents invoiced amount of goods and services stated net of value added tax.

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.

New office

-

10% on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

New

Plant and

Motor

Computer

office

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

14,868

47,422

54,732

4,831

121,853

Additions

-

4,588

68,226

-

72,814

Disposals

-

-

(14,995

)

-

(14,995

)

At 31 March 2025

14,868

52,010

107,963

4,831

179,672

DEPRECIATION

At 1 April 2024

8,799

26,127

42,246

3,891

81,063

Charge for year

1,487

4,259

19,288

939

25,973

Eliminated on disposal

-

-

(11,437

)

-

(11,437

)

At 31 March 2025

10,286

30,386

50,097

4,830

95,599

NET BOOK VALUE

At 31 March 2025

4,582

21,624

57,866

1

84,073

At 31 March 2024

6,069

21,295

12,486

940

40,790

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

Motor

vehicles

£

COST

Additions

68,226

At 31 March 2025

68,226

DEPRECIATION

Charge for year

17,056

At 31 March 2025

17,056

NET BOOK VALUE

At 31 March 2025

51,170

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

76,817

17,141

Other debtors

37,440

29,180

CIS suffered

94,948

79,782

Corporation tax

2,976

-

212,181

126,103

6.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Other

12,920

12,920

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

16,943

10,000

Other loans

20,070

9,348

Finance leases

16,135

-

Credit card

3,779

-

Tax

-

2,976

Social security and other taxes

29,051

34,049

VAT

32,703

24,321

Directors' current accounts

54

312

Accrued expenses

505

505

119,240

81,511

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

-

12,554

Other loans - 2-5 years

111,882

37,558

Finance leases

39,978

-

151,860

50,112

9.	ULTIMATE CONTROLLING PARTY

The controlling party is M R Hunt.

At the year end the company owed the director £54, (2024, £312).