REGISTERED NUMBER: 04428242 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

M.J. KLOSS PAINTING AND DECORATING

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A KLOSS

SECRETARY:

A KLOSS

REGISTERED OFFICE:

8 Seaford Avenue

New Malden

Surrey

KT3 6JP

REGISTERED NUMBER:

04428242 (England and Wales)

ACCOUNTANTS:

Bentleys Accounting Limited

5 Hazelgrove Road

Haywards Heath

West Sussex

RH16 3PH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

38,224

55,751

38,224

55,751

CURRENT ASSETS

Stocks

118,508

49,653

Debtors

6

71,972

123,948

Cash at bank

425,812

909,897

616,292

1,083,498

CREDITORS

Amounts falling due within one year

7

580,161

567,903

NET CURRENT ASSETS

36,131

515,595

TOTAL ASSETS LESS CURRENT LIABILITIES

74,355

571,346

CREDITORS

Amounts falling due after more than one year

8

3,285

33,974

NET ASSETS

71,070

537,372

CAPITAL AND RESERVES

Called up share capital

74

100

Retained earnings

70,996

537,272

71,070

537,372

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 21 October 2025 and were signed by:

A KLOSS - Director

1.	STATUTORY INFORMATION

M.J. KLOSS PAINTING AND DECORATING 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 16 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

35,000

AMORTISATION

At 1 May 2024

and 30 April 2025

35,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 May 2024

19,842

14,258

101,897

135,997

Additions

-

1,193

-

1,193

At 30 April 2025

19,842

15,451

101,897

137,190

DEPRECIATION

At 1 May 2024

19,312

12,813

48,121

80,246

Charge for year

79

362

18,279

18,720

At 30 April 2025

19,391

13,175

66,400

98,966

NET BOOK VALUE

At 30 April 2025

451

2,276

35,497

38,224

At 30 April 2024

530

1,445

53,776

55,751

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

44,237

94,202

Other debtors

7,181

10,000

Prepayments and accrued income

20,554

19,746

71,972

123,948

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

-

14,538

Trade creditors

227,068

182,595

Tax

100,854

107,967

Social security and other taxes

206,675

197,429

Proposed dividends

9,000

-

Other creditors

2,008

10,559

Directors' current accounts

53

-

Accruals and deferred income

24,503

44,815

580,161

567,903

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans - 2-5 years

3,285

13,333

Hire purchase contracts

-

20,641

3,285

33,974

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party has changed during the period to Adam Kloss.

10.	SHARE CAPITAL BUY-BACK

During the period the company bought back 26 Ordinary £1 Shares for £ 558,098 from M J KLOSS AND S KLOSS.