Kibosh Assets Limited - Period Ending 2025-01-31

Registration number: 12397150

Kibosh Assets Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2025

Kibosh Assets Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 4

Kibosh Assets Limited

Company Information

Director

B V Dhanaraj

Registered office

21 Navigaton Business Village
Navigation Way
Ashton-on-Ribble
Preston
PR2 2YP

Kibosh Assets Limited

(Registration number: 12397150)
Balance Sheet as at 31 January 2025

Note

2025
€

2024
€

Fixed assets

Investment property

4

50,000

50,000

Current assets

Debtors

5

1

1

Creditors: Amounts falling due within one year

6

(2,743)

(1,996)

Net current liabilities

(2,742)

(1,995)

Total assets less current liabilities

47,258

48,005

Creditors: Amounts falling due after more than one year

6

(50,000)

(50,000)

Net liabilities

(2,742)

(1,995)

Capital and reserves

Called up share capital

1

1

Retained earnings

(2,743)

(1,996)

Shareholders' deficit

(2,742)

(1,995)

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 October 2025

.........................................
B V Dhanaraj
Director

Kibosh Assets Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
21 Navigaton Business Village
Navigation Way
Ashton-on-Ribble
Preston
PR2 2YP

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investment property

Investment property is recognised at cost on initial recognition. Subsequently, investment property is measured at fair value at the reporting date with any changes recognised in the profit and loss account.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss. Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Kibosh Assets Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Investment properties

	2025 €
At 1 February 2024	50,000
At 31 January 2025	50,000

5

Debtors

Current	2025 €	2024 €
Other debtors	1	1
	1	1

6

Creditors

Creditors: amounts falling due within one year

	2025 €	2024 €
Due within one year
Accruals and deferred income	2,000	1,500
Other creditors	743	496
	2,743	1,996

Creditors: amounts falling due after more than one year

	2025 €	2024 €
Due after one year
Other loans	50,000	50,000

Other loans are unsecured and accrue interest at 1% per annum.

	Note	2025 €	2024 €
Fixed assets
Investment property	4	50,000	50,000
Current assets
Debtors	5	1	1
Creditors: Amounts falling due within one year	6	(2,743)	(1,996)
Net current liabilities		(2,742)	(1,995)
Total assets less current liabilities		47,258	48,005
Creditors: Amounts falling due after more than one year	6	(50,000)	(50,000)
Net liabilities		(2,742)	(1,995)
Capital and reserves
Called up share capital		1	1
Retained earnings		(2,743)	(1,996)
Shareholders' deficit		(2,742)	(1,995)