REGISTERED NUMBER: SC467067 (Scotland)

Unaudited Financial Statements For The Year Ended 30 April 2025

for

KS Commercial Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A S Ahmed

REGISTERED OFFICE:

38 Ogilvy Place

Arbroath

DD11 4DF

REGISTERED NUMBER:

SC467067 (Scotland)

ACCOUNTANTS:

Ahmad & Nabi Mcmullan

95-107 Lancefield Street

Glasgow

Lanarkshire

G3 8HZ

FIXED ASSETS

Tangible assets

4

6,830

8,228

CURRENT ASSETS

Stocks

5

504,350

434,525

Cash at bank and in hand

20,620

15,798

524,970

450,323

CREDITORS

Amounts falling due within one year

6

203,588

157,525

NET CURRENT ASSETS

321,382

292,798

TOTAL ASSETS LESS CURRENT LIABILITIES

328,212

301,026

CREDITORS

Amounts falling due after more than one year

7

1,292

23,517

NET ASSETS

326,920

277,509

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

326,820

277,409

SHAREHOLDERS' FUNDS

326,920

277,509

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 23 September 2025 and were signed by:

A S Ahmed - Director

1.	STATUTORY INFORMATION

KS Commercial Ltd is a private company, limited by shares , registered in Scotland. 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 May 2024

41,678

Additions

309

At 30 April 2025

41,987

DEPRECIATION

At 1 May 2024

33,450

Charge for year

1,707

At 30 April 2025

35,157

NET BOOK VALUE

At 30 April 2025

6,830

At 30 April 2024

8,228

5.

STOCKS

30.4.25

30.4.24

£

£

Stocks

504,350

434,525

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

96,056

16,916

Tax

19,718

15,636

PAYE

145

339

VAT

20,536

72,748

Bounce back loan

10,200

13,364

Bank loan

29,590

29,590

Directors' loan accounts

24,226

6,487

Accrued expenses

3,117

2,445

203,588

157,525

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Youlend Funding

-

15,202

Pensions

156

143

Bounce back loan

1,136

8,172

1,292

23,517

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

ordinary

1

100

100

9.

RESERVES

Retained

earnings

£

At 1 May 2024

277,409

Profit for the year

69,411

Dividends

(20,000

)

At 30 April 2025

326,820