KQ BUILDING LTD Company accounts

COMPANY REGISTRATION NUMBER: 08971813

KQ BUILDING LTD

Unaudited Financial Statements

30 April 2025

KQ BUILDING LTD

Financial Statements

Year ended 30 April 2025

Contents	Page

Officers and professional advisers	1

Director's report	2

Statement of comprehensive income	3

Statement of financial position	4

Statement of changes in equity	6

Notes to the financial statements	7

KQ BUILDING LTD

Officers and Professional Advisers

Director Mr K. Al Qawasmeh

- Director

Company secretary	B. Qawasmeh

Registered office	55
	Perryn Street
	LONDON
	ENGLAND
	W3 7LS

Accountants	Begg, Williamson & Co
	Chartered Certified Accountants
	24 Church Road
	Crystal Palace
	London
	UK
	SE19 2ET

KQ BUILDING LTD

Director's Report

Year ended 30 April 2025

The director presents his report and the unaudited financial statements of the company for the year ended 30 April 2025 .

Principal activities

The principal activity of the company during the year was that of providing building and maintenence services.

Incorporation

A special resolution was agreed and passed on the 6 July 2017 to change the company name from KQ Building & Maintenance Ltd to KQ Building Ltd.

Director

The director who served the company during the year was as follows:

Mr K. Al Qawasmeh

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 1 December 2025 and signed on behalf of the board by:

Mr K. Al Qawasmeh	B. Qawasmeh
Director	Company Secretary

Registered office:

55

Perryn Street

LONDON

ENGLAND

W3 7LS

KQ BUILDING LTD

Statement of Comprehensive Income

Year ended 30 April 2025

	2025	2024
Note	£	£
Turnover	3,558,421	2,291,895

Cost of sales	3,085,104	1,896,297
	------------	------------
Gross profit	473,317	395,598

Administrative expenses	352,265	207,940
	---------	---------
Operating profit	121,052	187,658

Other interest receivable and similar income		361	443
		---------	---------
Profit before taxation	5	121,413	188,101

Tax on profit	28,983	46,754
	---------	---------
Profit for the financial year	92,430	141,347
	---------	---------

Revaluation of intangible assets other than goodwill	( 181,500)	–
	---------	---------
Total comprehensive income for the year	( 89,070)	141,347
	---------	---------

All the activities of the company are from continuing operations.

KQ BUILDING LTD

Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Intangible assets	7	250	250
Tangible assets	8	51,240	3
		--------	----
		51,490	253

Current assets

Debtors	9	187,929	540,876
Investments	10	3,500	185,000
Cash at bank and in hand		429,338	407,354
		---------	------------
		620,767	1,133,230

Creditors: amounts falling due within one year	11	35,984		119,720
		---------		------------
Net current assets			584,783	1,013,510
			---------	------------
Total assets less current liabilities			636,273	1,013,763
			---------	------------

KQ BUILDING LTD

Statement of Financial Position (continued)

30 April 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	12	100	100
Revaluation reserve	13	( 181,500)	–
Profit and loss account	13	817,673	1,013,663
		---------	------------
Shareholders funds		636,273	1,013,763
		---------	------------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 30 April 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 1 December 2025 , and are signed on behalf of the board by:

Mr K. Al Qawasmeh
Director

Company registration number: 08971813

KQ BUILDING LTD

Statement of Changes in Equity

Year ended 30 April 2025

			Called up share capital	Revaluation reserve	Profit and loss account	Total
			£	£	£	£
At 1 May 2023			100	–	1,036,107	1,036,207

Profit for the year					141,347	141,347
			----	----	------------	------------
Total comprehensive income for the year			–	–	141,347	141,347

Dividends paid and payable		6	–	–	( 163,791)	( 163,791)
			----	----	------------	------------
Total investments by and distributions to owners			–	–	( 163,791)	( 163,791)

At 30 April 2024 (as previously reported)			100	–	1,013,663	1,013,763
Prior period adjustments			–	–	(78,420)	(78,420)
			----	----	------------	------------
At 30 April 2024 (restated)			100	–	935,243	935,343
			----	----	------------	------------

Profit for the year					92,430	92,430
Other comprehensive income for the year:
	Revaluation of intangible assets other than goodwill	7	–	( 181,500)	–	( 181,500)
			----	---------	------------	------------
Total comprehensive income for the year			–	( 181,500)	92,430	( 89,070)

Dividends paid and payable		6	–	–	( 210,000)	( 210,000)
			----	----	---------	---------
Total investments by and distributions to owners			–	–	( 210,000)	( 210,000)

			----	---------	---------	---------
At 30 April 2025			100	( 181,500)	817,673	636,273
			----	---------	---------	---------

KQ BUILDING LTD

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 55, Perryn Street, LONDON, W3 7LS, ENGLAND.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% straight line
Fixture and fittings	-	25% straight line
Motor vans	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity. Compound instruments Compound instruments comprise both a liability and an equity component. At date of issue, the fair value of the liability component is estimated using the prevailing market interest rate for a similar debt instrument. The liability component is accounted for as a financial liability. The residual is the difference between the net proceeds of issue and the liability component (at time of issue). The residual is the equity component, which is accounted for as an equity instrument. The interest expense on the liability component is calculated applying the effective interest rate for the liability component of the instrument. The difference between this amount and any repayments is added to the carrying amount of the liability in the balance sheet.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 14 (2024: 11 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	17,080	5,324
	--------	-------

6. Dividends

Dividends paid during the year (excluding those for which a liability existed at the end of the prior year):

	2025	2024
	£	£
Dividends on equity shares	210,000	163,792
	---------	---------

7. Intangible assets

	Development costs
	£
Cost
At 1 May 2024 and 30 April 2025	250
	----
Amortisation
At 1 May 2024 and 30 April 2025	–
	----
Carrying amount
At 30 April 2025	250
	----
At 30 April 2024	250
	----

8. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 May 2024	43,635	2,200	39,315	85,150
Additions	41,651	–	26,666	68,317
	--------	-------	--------	---------
At 30 April 2025	85,286	2,200	65,981	153,467
	--------	-------	--------	---------
Depreciation
At 1 May 2024	43,634	2,199	39,314	85,147
Charge for the year	10,413	–	6,667	17,080
	--------	-------	--------	---------
At 30 April 2025	54,047	2,199	45,981	102,227
	--------	-------	--------	---------
Carrying amount
At 30 April 2025	31,239	1	20,000	51,240
	--------	-------	--------	---------
At 30 April 2024	1	1	1	3
	--------	-------	--------	---------

9. Debtors

	2025	2024
	£	£
Trade debtors	145,006	473,398
Other debtors	42,923	67,478
	---------	---------
	187,929	540,876
	---------	---------

10. Investments

	2025	2024
	£	£
Other investments	3,500	185,000
	-------	---------

11. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	6,949	37,099
Corporation tax	29,035	46,754
Other creditors	–	35,867
	--------	---------
	35,984	119,720
	--------	---------

12. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

13. Reserves

Profit and loss account - This reserve records retained earnings and accumulated losses.

14. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr K. Al Qawasmeh	( 35,867)	575	35,867	575
	--------	----	--------	----

	2024
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr K. Al Qawasmeh	( 4,065)	( 31,801)	–	(35,866)
	-------	--------	----	--------

15. Related party transactions

The company was under the control of Mr K. Al Qawasmeh and Mrs. B. Al Qawasmeh throughout the current year. Mr K Al Qawasmeh is the managing director and 50% shareholder. No transactions took place that required disclosure in the accounts.