Kallis & Co. UK Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04701119

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		70,509		94,011
Tangible Assets	5		46,269		20,894

			116,778		114,905
CURRENT ASSETS
Stocks	6	273,187		213,396
Debtors	7	116,671		104,934
Cash at bank and in hand		298,377		57,733

		688,235		376,063
Creditors: Amounts Falling Due Within One Year	8	(497,949 )		(364,092 )

NET CURRENT ASSETS (LIABILITIES)			190,286		11,971

TOTAL ASSETS LESS CURRENT LIABILITIES			307,064		126,876

NET ASSETS			307,064		126,876

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			306,964		126,776

SHAREHOLDERS' FUNDS			307,064		126,876

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Kallis & Co. UK Limited

Balance Sheet (continued)

As At 31 March 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Kikis Kallis

Director

18/11/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Kallis & Co. UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04701119 . The registered office is Mountview Court, 1148 High Road, London, N20 0RA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account at an amortised rate of 4% per annum.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	15% straight line
Motor Vehicles	15% on cost
Fixtures & Fittings	15% on cost
Computer Equipment	15% on cost

2.5. Stocks and Work in Progress

Work in progress is valued at the lower of cost and net realisable value after making due allowance for any work in progress being written off. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 20 (2024: 20)

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Kallis & Co. UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	587,553

As at 31 March 2025	587,553

Amortisation
As at 1 April 2024	493,542
Provided during the period	23,502

As at 31 March 2025	517,044

Net Book Value
As at 31 March 2025	70,509

As at 1 April 2024	94,011

5. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	17,883	-	25,878	136,361	180,122
Additions	-	9,000	21,889	6,950	37,839

As at 31 March 2025	17,883	9,000	47,767	143,311	217,961

Depreciation
As at 1 April 2024	17,882	-	14,036	127,310	159,228
Provided during the period	-	1,350	7,165	3,949	12,464

As at 31 March 2025	17,882	1,350	21,201	131,259	171,692

Net Book Value
As at 31 March 2025	1	7,650	26,566	12,052	46,269

As at 1 April 2024	1	-	11,842	9,051	20,894

6. Stocks

	2025	2024
	£	£
Work in progress	273,187	213,396

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	86,195	43,925
Prepayments and accrued income	20,401	10,509
Other debtors	10,075	50,500

	116,671	104,934

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Kallis & Co. UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	24,695	5,020
Bank loans and overdrafts	1,873	5,408
Corporation tax	96,774	57,614
Other taxes and social security	23,214	44,740
VAT	70,158	60,506
Other creditors	-	3,449
Accruals and deferred income	276,792	185,831
Directors' loan accounts	4,443	1,524

	497,949	364,092

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £2,992.62 (2024: £2,172.18) were due to the fund. They are included in Other Creditors.

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