REGISTERED NUMBER: 09393154 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

STANMORE KITCHENS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr K Kusman

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

09393154 (England and Wales)

ACCOUNTANTS:

MGR SD Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Tangible assets

4

48,612

64,826

CURRENT ASSETS

Debtors

5

320,639

332,825

Cash at bank

5,372

3,190

326,011

336,015

CREDITORS

Amounts falling due within one year

6

(313,095

)

(228,123

)

NET CURRENT ASSETS

12,916

107,892

TOTAL ASSETS LESS CURRENT LIABILITIES

61,528

172,718

CREDITORS

Amounts falling due after more than one year

7

(101,741

)

(52,664

)

PROVISIONS FOR LIABILITIES

10

-

(12,317

)

NET (LIABILITIES)/ASSETS

(40,213

)

107,737

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

(40,313

)

107,637

SHAREHOLDERS' FUNDS

(40,213

)

107,737

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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 28 October 2025 and were signed by:

Mr K Kusman - Director

1.	STATUTORY INFORMATION

Stanmore Kitchens Ltd 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Short leasehold

-

evenly over the period of the lease

Plant and machinery

-

25% on reducing balance and evenly over the period of the lease

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

10,554

259,659

29,240

7,680

307,133

Additions

-

652

-

48

700

At 31 January 2025

10,554

260,311

29,240

7,728

307,833

DEPRECIATION

At 1 February 2024

8,443

215,052

14,798

4,014

242,307

Charge for year

1,055

11,319

3,611

929

16,914

At 31 January 2025

9,498

226,371

18,409

4,943

259,221

NET BOOK VALUE

At 31 January 2025

1,056

33,940

10,831

2,785

48,612

At 31 January 2024

2,111

44,607

14,442

3,666

64,826

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

-

2,748

Amounts owed by group undertakings

280,851

280,851

Other debtors

39,788

49,226

320,639

332,825

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

72,398

87,279

Amounts owed to group undertakings

7,500

7,500

Taxation and social security

32,356

24,737

Other creditors

200,841

108,607

313,095

228,123

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Other creditors

101,741

52,664

8.

LOANS

An analysis of the maturity of loans is given below:

31.1.25

31.1.24

£

£

Amounts falling due within one year or on demand:

Other loans

33,782

-

Amounts falling due between one and two years:

Other loans - 1-2 years

38,598

-

Amounts falling due between two and five years:

Other loans - 2-5 years

63,143

52,664

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.1.25

31.1.24

£

£

Within one year

57,000

57,000

Between one and five years

19,989

76,989

76,989

133,989

10.	PROVISIONS FOR LIABILITIES

31.1.25

31.1.24

£

£

Deferred tax

-

12,317

Deferred

tax

£

Balance at 1 February 2024

12,317

Provided during year

(12,317

)

Balance at 31 January 2025

-

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

100

Ordinary

£1

100

100

12.	PENSION COMMITMENTS

The company makes payments to a defined contribution scheme on behalf of employees and the director. Amounts charged to the profit and loss account were £4,968 (2024: £4,931) for the year. At the balance sheet date there were outstanding employer contributions of £1,008 (2024: £712).

13.	ULTIMATE CONTROLLING PARTY

The company is owned by KNKNG Holdings Limited

The ultimate controlling party is Mr K Kusman.