REGISTERED NUMBER: 04559369 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

KSMS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr K Solomou

REGISTERED OFFICE:

Global House

303 Ballards Lane

London

N12 8NP

REGISTERED NUMBER:

04559369 (England and Wales)

ACCOUNTANTS:

K J Pittalis and Partners LLP

Chartered Certified Accountants

Global House

303 Ballards Lane

London

N12 8NP

FIXED ASSETS

Investment property

5

421,327

421,327

CURRENT ASSETS

Debtors

6

47,398

49,129

Cash at bank

106,698

58,563

154,096

107,692

CREDITORS

Amounts falling due within one year

7

(215,781

)

(193,479

)

NET CURRENT LIABILITIES

(61,685

)

(85,787

)

TOTAL ASSETS LESS CURRENT LIABILITIES

359,642

335,540

CREDITORS

Amounts falling due after more than one year

8

(188,515

)

(193,363

)

NET ASSETS

171,127

142,177

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

171,027

142,077

SHAREHOLDERS' FUNDS

171,127

142,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 2 December 2025 and were signed by:

Mr K Solomou - Director

1.	STATUTORY INFORMATION

KSMS 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents sales of services net of trade discounts. Turnover is recognised when the services are provided to the customer.

The company also generates turnover from an investment property which is recognised in line with the tenancy agreement.

Investment property

Investment property is shown at market value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Going concern

These accounts have been prepared on a going concern basis on the grounds that the director of the

company will not withdraw his support until such a time as the company has funds available to meet

its debts and liabilities as and when they fall due.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

421,327

NET BOOK VALUE

At 31 March 2025

421,327

At 31 March 2024

421,327

The fair value of the properties at March 2025 is based on the initial cost on purchase including any incidental costs of purchase. The director considers this appropriate as the property was purchased in October 2021.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

-

7,500

Other debtors

47,398

41,629

47,398

49,129

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

4,534

4,220

Taxation and social security

6,907

4,615

Other creditors

204,340

184,644

215,781

193,479

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

188,515

193,363

The above loan is secured by way of a fixed charge over the company including a negative pledge.

9.	ULTIMATE CONTROLLING PARTY

During the period ended 31 March 2025 the director controlled the company by virtue of a controlling interest (directly or indirectly) of 100% of the issued ordinary share capital.