KYTUN (UK) LTD

Company Registration Number:
07295898 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 26 December 2023

End date: 31 December 2024

KYTUN (UK) LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

KYTUN (UK) LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 2,312,942 535,367
Investments: 4 80,759 80,759
Total fixed assets: 2,393,701 616,126
Current assets
Stocks: 390,000 280,000
Debtors:   957,899 1,643,669
Cash at bank and in hand: 516,619 749,653
Total current assets: 1,864,518 2,673,322
Creditors: amounts falling due within one year:   (2,473,498) (2,640,539)
Net current assets (liabilities): (608,980) 32,783
Total assets less current liabilities: 1,784,721 648,909
Creditors: amounts falling due after more than one year:   (1,006,998) 0
Total net assets (liabilities): 777,723 648,909
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 777,623 648,809
Shareholders funds: 777,723 648,909

The notes form part of these financial statements

KYTUN (UK) LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: Daniel Gallagher
Status: Director

The notes form part of these financial statements

KYTUN (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KYTUN (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 42 39

KYTUN (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 26 December 2023 647,599
Additions 1,920,236
Disposals (14,000)
At 31 December 2024 2,553,835
Depreciation
At 26 December 2023 112,232
Charge for year 135,661
On disposals (7,000)
At 31 December 2024 240,893
Net book value
At 31 December 2024 2,312,942
At 25 December 2023 535,367

KYTUN (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

KYTUN (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Related party transactions

Name of the related party: Kenmore Plastics Ltd
Relationship:
Investment
Description of the Transaction: Intercompany trading
£
Balance at 26 December 2023 695,854
Balance at 31 December 2024 404,842
Name of the related party: North West Aluminium Slate Trim Ltd
Relationship:
Parent Company
Description of the Transaction: The company purchases trade stock from North West Aluminium Slate Trim Ltd
£
Balance at 26 December 2023 1,575,950
Balance at 31 December 2024 2,084,259