Kilo Construction Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Chartered Accountant's report to the director on the preparation of the unaudited statutory accounts of Kilo Construction Limited for the year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Kilo Construction Limited for the year ended 31 December 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Kilo Construction Limited , as a body, in accordance with the terms of our engagement letter dated 17 October 2023. Our work has been undertaken solely to prepare for your approval the accounts of Kilo Construction Limited and state those matters that we have agreed to state to the director of Kilo Construction Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kilo Construction Limited and its director, as a body, for our work or for this report.

It is your duty to ensure that Kilo Construction Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Kilo Construction Limited . You consider that Kilo Construction Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Kilo Construction Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Signed

ERC Accountants and Business Advisers Limited

24 September 2025

ERC Accountants & Business Advisers Limited

Chartered Accountants

Hanover Buildings, 11-13 Hanover Street

Liverpool

Merseyside

L1 3DN

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Kilo Construction Limited

Balance Sheet

As At 31 December 2024

Balance Sheet

Registered number: 07884287

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,382		7,175

			5,382		7,175
CURRENT ASSETS
Debtors	5	408,619		415,540
Cash at bank and in hand		84,193		97,166

		492,812		512,706
Creditors: Amounts Falling Due Within One Year	6	(18,258 )		(37,687 )

NET CURRENT ASSETS (LIABILITIES)			474,554		475,019

TOTAL ASSETS LESS CURRENT LIABILITIES			479,936		482,194

Creditors: Amounts Falling Due After More Than One Year	7		-		(569 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(406 )		(1,794 )

NET ASSETS			479,530		479,831

CAPITAL AND RESERVES
Called up share capital	10		10		10
Profit and Loss Account			479,520		479,821

SHAREHOLDERS' FUNDS			479,530		479,831

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Kilo Construction Limited

Balance Sheet (continued)

As At 31 December 2024

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr K A Loughrey

Director

24 September 2025

The notes on pages 4 to 7 form part of these financial statements.

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Kilo Construction Limited

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

Kilo Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07884287 . The registered office is 30 Shetland Close Fearnhead, Warrington, Cheshire, WA2 0UW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and machinery	25% reducing balance
Motor vehicles	25% reducing balance
Computer equipment	25% reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

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Kilo Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Plant and machinery	Motor vehicles	Computer equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	43,985	3,522	3,844	51,351

As at 31 December 2024	43,985	3,522	3,844	51,351

Depreciation
As at 1 January 2024	38,076	2,897	3,203	44,176
Provided during the period	1,477	156	160	1,793

As at 31 December 2024	39,553	3,053	3,363	45,969

Net Book Value
As at 31 December 2024	4,432	469	481	5,382

As at 1 January 2024	5,909	625	641	7,175

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2024	2023
	£	£
Plant and machinery	4,157	5,543

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Kilo Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	-	5,363
Other debtors	399,925	399,925
Corporation tax recoverable assets	8,694	9,122
VAT	-	1,130

	408,619	415,540

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	969	2,126
Trade creditors	123	1,636
VAT	241	-
Accruals and deferred income	2,040	2,000
Director's loan account	14,885	31,925

	18,258	37,687

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	-	569

8. Secured Creditors

	2024		2023
	£		£
Net obligations under finance lease and hire purchase contracts	969		2,695

9. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	969	2,126
Later than one year and not later than five years	-	569

	969	2,695

	969	2,695

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	10	10

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Kilo Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

11. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2024	2023
	£	£
Not later than one year	7,545	7,545
Later than one year and not later than five years	11,946	19,492

	19,491	27,037

12. Directors Advances, Credits and Guarantees

No director received advances, credits or guarantees during the current or previous accounting periods.

13. Related Party Transactions

The following related party transactions were undertaken during the year:

The director withdrew amounts totalling £20,000, was issued dividends of £1,000 and introduced capital of £6,960. (2023: withdrew amounts totalling £32,322, was issued dividends of £1,000 and introduced capital of £16,780). At the balance sheet date the amount payable to the director was £3,885 (2023: payable £15,925).

A shareholder of the company was issued dividends of £1,000 during the year and withdrew amounts totalling £6,000 (2023: was issued dividends of £1,000 during the year and withdrew amounts totalling £Nil). At the balance sheet date the amount payable to the shareholder was £11,000 (2023: £16,000)

The aggregate remuneration paid to key management personnel for the year was £Nil (2023: £11,908).

A company under common control was loaned amounts totalling £Nil and repaid amounts totalling £20,000 (2023: received a loan in the year totalling £95,000). At the balance sheet date the company under common control owed Kilo Construction Limited £365,984 (2023: £385,984). This loan in interest free and repayable on demand.

A company under common control was loaned amounts totalling £20,000 during the year. At the balance sheet date the company under common control owed Kilo Construction Limited £20,000. This loan in interest free and repayable on demand.

No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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