Khalil & Kosar International Limited

Khalil & Kosar International Limited
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	53,007	57,096
Investments	4	1,088,000	1,088,000
		1,141,007	1,145,096
Current assets
Debtors: amounts falling due within one year		93,803	31,622
Cash at bank and in hand		133,823	266,311
		227,626	297,933
Creditors: amount falling due within one year		(7,684)	(43,706)
Net current assets		219,942	254,227

Total assets less current liabilities		1,360,949	1,399,323
Creditors: amount falling due after more than one year		(1,235,498)	(1,246,498)
Net assets		125,451	152,825

Capital and reserves
Called up share capital	5	100	100
Profit and loss account		125,351	152,725
Shareholders' funds		125,451	152,825

For the year ended 31 December 2024 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.
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 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 30 September 2025 and were signed on its behalf by:

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Mohammad Khalil Choudhary
Director

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Mahrouz Khalil Choudhary
Director

Khalil & Kosar International Limited
Notes to the Abridged Financial Statements
For the year ended 31 December 2024

General Information

Khalil & Kosar International 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

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	18% Reducing Balance
Computer Equipment	18% Reducing Balance

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the year was 1 (2023 : 1).

Tangible fixed assets

Cost or valuation	Motor Vehicles	Computer Equipment	Improvements to property	Total
	£	£	£	£
At 01 January 2024	40,762	6,953	34,506	82,221
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 December 2024	40,762	6,953	34,506	82,221
Depreciation
At 01 January 2024	19,842	5,283	-	25,125
Charge for year	3,787	302	-	4,089
On disposals	-	-	-	-
At 31 December 2024	23,629	5,585	-	29,214
Net book values
Closing balance as at 31 December 2024	17,133	1,368	34,506	53,007
Opening balance as at 01 January 2024	20,920	1,670	34,506	57,096

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 January 2024	1,088,000	1,088,000
Additions	-	-
Disposals	-	-
At 31 December 2024	1,088,000	1,088,000

Share Capital

Allotted, called up and fully paid	2024 £		2023 £
100 Class A shares of £1.00 each	100		100
	100		100

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)		Balance owed by/(owed to)
	2024 £	2023 £	2024 £	2023 £
Technical Fabrication and construction Limited	0	0	(462,822)	(462,822)
Country Homes	11,000	0	(772,676)	(783,676)
Marvida Properties Ltd	0	0	1,088,000	1,088,000

Other Creditors include £462,822 (2023: £462,822) owed to Technical Fabrication and Construction Limited a company registered in Saudi Arabia related party by virtue of common directors.
Other Creditors include £772,676.00 (2023: £783,676) owed to Country Homes Limited a company by virtue of common directors.
Investments include £1,088,000 (2023: £1,088,000.00) invested in Marvida Properties Ltd a 70% subsidiary.

Registered Number: 04596402
England and Wales
KHALIL & KOSAR INTERNATIONAL LIMITED

Abridged Accounts

Period of accounts Start date: 01 January 2024 End date: 31 December 2024