Company Registration No. 13059126 (England and Wales)
KRS EXPRESS LTD
Unaudited accounts
for the year ended 31 December 2024
KRS EXPRESS LTD
Unaudited accounts
Contents
KRS EXPRESS LTD
Company Information
for the year ended 31 December 2024
Director
SINNATHAMBY Kamalathasan
Company Number
13059126 (England and Wales)
Registered Office
58 Priory Road
Liverpool
L4 2RZ
KRS EXPRESS LTD
Statement of financial position
as at 31 December 2024
Tangible assets
4,375
7,000
Cash at bank and in hand
834
(26)
Creditors: amounts falling due within one year
(81,511)
(66,757)
Net current assets
18,957
6,302
Called up share capital
1
1
Profit and loss account
23,331
13,301
Shareholders' funds
23,332
13,302
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 28 September 2025 and were signed on its behalf by
SINNATHAMBY Kamalathasan
Director
Company Registration No. 13059126
KRS EXPRESS LTD
Notes to the Accounts
for the year ended 31 December 2024
KRS EXPRESS LTD is a private company, limited by shares, registered in England and Wales, registration number 13059126. The registered office is 58 Priory Road, Liverpool, L4 2RZ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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
Over 4 years
Fixtures & fittings
Over 5 years
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
3,500
8,750
12,250
At 31 December 2024
3,500
8,750
12,250
At 1 January 2024
1,750
3,500
5,250
Charge for the year
875
1,750
2,625
At 31 December 2024
2,625
5,250
7,875
At 31 December 2024
875
3,500
4,375
At 31 December 2023
1,750
5,250
7,000
KRS EXPRESS LTD
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
18,017
-
Trade creditors
47,974
30,098
Taxes and social security
4,040
1,660
Loans from directors
-
34,101
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).