REGISTERED NUMBER: 06154409 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

KASMM LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

7

Director:

K McCullagh

Secretary:

S McCullagh

Registered office:

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

Registered number:

06154409 (England and Wales)

Accountants:

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

Fixed assets

Tangible assets

4

1,278

1,562

Investments

5

82,787

83,096

84,065

84,658

Current assets

Debtors

7,101

11,669

Cash at bank

23,092

29,951

30,193

41,620

Creditors

Amounts falling due within one year

41,401

43,773

Net current liabilities

(11,208

)

(2,153

)

Total assets less current liabilities

72,857

82,505

Provisions for liabilities

744

1,001

Net assets

72,113

81,504

Capital and reserves

Called up share capital

100

100

Revaluation reserve

6

16,225

31,845

Retained earnings

55,788

49,559

Shareholders' funds

72,113

81,504

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 October 2025 and were signed by:

K McCullagh - Director

1.	STATUTORY INFORMATION

KASMM 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements have been prepared under the going concern basis of accounting.

Turnover

Turnover represents the value of work carried out and goods sold during the year including amounts not yet invoiced, excluding value added tax. Income is being recognised according to the stage of completion of work done.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments

Fixed asset investments are valued at open market value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

4,265

DEPRECIATION

At 1 April 2024

2,703

Charge for year

284

At 31 March 2025

2,987

NET BOOK VALUE

At 31 March 2025

1,278

At 31 March 2024

1,562

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 April 2024

83,096

Additions

23,478

Disposals

(17,982

)

Revaluations

(5,805

)

At 31 March 2025

82,787

NET BOOK VALUE

At 31 March 2025

82,787

At 31 March 2024

83,096

Cost or valuation at 31 March 2025 is represented by:

Valuation in 2014

760

Valuation in 2015

2,109

Valuation in 2016

(2,065

)

Valuation in 2017

9,298

Valuation in 2018

(4,858

)

Valuation in 2019

2,158

Valuation in 2020

(7,401

)

Valuation in 2021

18,082

Valuation in 2022

4,056

Valuation in 2023

(10,726

)

Valuation in 2024

9,422

Valuation in 2025

(5,805

)

Cost

67,767

82,787

6.

RESERVES

Revaluation

reserve

£

At 1 April 2024

31,845

Revaluation of investments

(5,805

)

Transfer of realised profit

(9,409

)

Deferred tax on revaluation

(406

)

At 31 March 2025

16,225

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of KASMM Limited for the year ended 31 March 2025 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of KASMM Limited in accordance with the terms of our engagement letter dated 29 April 2025. Our work has been undertaken solely to prepare for your approval the financial statements of KASMM Limited and state those matters that we have agreed to state to the director of KASMM Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

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

We have not been instructed to carry out an audit or a review of the financial statements of KASMM 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 statutory financial statements.

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

8 October 2025