Registered number
13027802
KS Partners Ltd
Filleted Accounts
30 November 2024

KS Partners Ltd
Registered number: | 13027802
Balance Sheet
as at 30 November 2024
Notes |  |  | 2024 |  |  | 2023
£ | £
Fixed assets
Tangible assets | 3 |  |  | 13,198 |  |  | 17,598
Current assets
Stocks |  |  | 56,440 |  |  | 24,780
Debtors | 4 |  | 128,234 |  |  | 84,331
Cash at bank and in hand |  |  | 105,236 |  |  | 53,433
|  |  | 289,910 |  |  | 162,544
Creditors: amounts falling due within one year | 5 |  | (199,453) |  |  | (123,667)
Net current assets |  |  |  | 90,457 |  |  | 38,877
Net assets |  |  |  | 103,655 |  |  | 56,475
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Profit and loss account |  |  |  | 103,555 |  |  | 56,375
Shareholders' funds |  |  |  | 103,655 |  |  | 56,475
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
T Kwak
Director
Approved by the board on 1 December 2025

KS Partners Ltd
Notes to the Accounts
for the year ended 30 November 2024
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery | 25% reducing balance
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 | Employees | 2024 |  | 2023
Number | Number
| Average number of persons employed by the company | 18 |  | 15
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Plant and machinery etc
£
| Cost
| At 1 December 2023 | 33,986
| At 30 November 2024 | 33,986
| Depreciation
| At 1 December 2023 | 16,388
| Charge for the year | 4,400
| At 30 November 2024 | 20,788
| Net book value
| At 30 November 2024 | 13,198
| At 30 November 2023 | 17,598
4 | Debtors | 2024 |  | 2023
£ | £
| Trade debtors | 50,499 |  | 18,333
| Other debtors | 77,735 |  | 65,998
|  |  |  |  |  | 128,234 |  | 84,331
5 | Creditors: amounts falling due within one year | 2024 |  | 2023
£ | £
| Taxation and social security costs | 48,602 |  | 18,798
| Other creditors | 150,851 |  | 104,869
|  |  |  |  |  | 199,453 |  | 123,667
6 | Other information
| KS Partners Ltd is a private company limited by shares and incorporated in England. Its registered office is:
| Suite 41, Chessington Business Centre
| 37 Cox Lane
| Chessington
| Surrey
| KT9 1SD

KS Partners Ltd 13027802 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts July 2024 T Kwak No description of principal activity 13027802 2022-12-01 2023-11-30 13027802 core:WithinOneYear 2023-11-30 13027802 core:ShareCapital 2023-11-30 13027802 core:RetainedEarningsAccumulatedLosses 2023-11-30 13027802 2023-12-01 2024-11-30 13027802 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13027802 bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13027802 bus:Director40 2023-12-01 2024-11-30 13027802 1 2023-12-01 2024-11-30 13027802 2 2023-12-01 2024-11-30 13027802 core:PlantMachinery 2023-12-01 2024-11-30 13027802 countries:England 2023-12-01 2024-11-30 13027802 bus:FRS102 2023-12-01 2024-11-30 13027802 bus:FilletedAccounts 2023-12-01 2024-11-30 13027802 2024-11-30 13027802 core:WithinOneYear 2024-11-30 13027802 core:ShareCapital 2024-11-30 13027802 core:RetainedEarningsAccumulatedLosses 2024-11-30 13027802 core:PlantMachinery 2024-11-30 13027802 2023-11-30 13027802 core:PlantMachinery 2023-11-30 iso4217:GBP xbrli:pure