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Company Registration No. 11718712 (England and Wales)
KIT SUPPLY LIMITED Unaudited accounts for the year ended 31 December 2024
KIT SUPPLY LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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KIT SUPPLY LIMITED Company Information for the year ended 31 December 2024
Director
Sai Kit LI
Company Number
11718712 (England and Wales)
Registered Office
14 THE LAURELS HAMMONDSTREET ROAD WALTHAM CROSS EN7 6NL UNITED KINGDOM
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KIT SUPPLY LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
25,857 
19,514 
Current assets
Debtors
5
47,373 
49,347 
Cash at bank and in hand
2,442 
9,043 
49,815 
58,390 
Creditors: amounts falling due within one year
6
(62,292)
(32,173)
Net current (liabilities)/assets
(12,477)
26,217 
Net assets
13,380 
45,731 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
13,280 
45,631 
Shareholders' funds
13,380 
45,731 
For the year ending 31 December 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 20 September 2025 and were signed on its behalf by
Sai Kit LI Director Company Registration No. 11718712
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KIT SUPPLY LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
KIT SUPPLY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11718712. The registered office is 14 THE LAURELS, HAMMONDSTREET ROAD, WALTHAM CROSS, EN7 6NL, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2024
36,290 
Additions
12,000 
At 31 December 2024
48,290 
Depreciation
At 1 January 2024
16,776 
Charge for the year
5,657 
At 31 December 2024
22,433 
Net book value
At 31 December 2024
25,857 
At 31 December 2023
19,514 
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KIT SUPPLY LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,106 
Trade debtors
47,373 
47,373 
Other debtors
- 
868 
47,373 
49,347 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(4,296)
- 
Trade creditors
13,778 
4,283 
Taxes and social security
23,052 
18,140 
Loans from directors
29,758 
9,750 
62,292 
32,173 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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