REGISTERED NUMBER: 05741844 (England and Wales)

Unaudited Financial Statements

For The Period 1 May 2024 to 31 March 2025

for

KRR (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Anderson

K Anderson

REGISTERED OFFICE:

Home Farm Business Unit 7

Loseley Park

Guildford

Surrey

GU3 1HS

REGISTERED NUMBER:

05741844 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Tangible assets

4

141,391

210,464

CURRENT ASSETS

Stocks

813,578

618,449

Debtors

5

2,325,767

2,068,085

Cash at bank and in hand

1,300,759

1,103,077

4,440,104

3,789,611

CREDITORS

Amounts falling due within one year

6

1,293,941

818,098

NET CURRENT ASSETS

3,146,163

2,971,513

TOTAL ASSETS LESS CURRENT LIABILITIES

3,287,554

3,181,977

CREDITORS

Amounts falling due after more than one year

7

(10,794

)

(23,094

)

PROVISIONS FOR LIABILITIES

(35,348

)

(52,616

)

NET ASSETS

3,241,412

3,106,267

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,241,312

3,106,167

3,241,412

3,106,267

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

M J Anderson - Director

1.	STATUTORY INFORMATION

KRR (UK) 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 and is recognised as services are provided.

Tangible fixed assets

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

Short leasehold

-

in accordance with the lease term

Plant & machinery

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Stock and long term contracts

Stock is included in the accounts at the lower of cost and net realisable value.

Long term contract balances represent contracts that are in progress but not complete at the balance sheet date. Where performance obligations are considered to be satisfied at a point in time beyond the balance sheet date, the costs to date are carried forward along with amounts invoiced on account to the customer. Contracts are also assessed for foreseeable losses. Where costs exceed amounts invoiced to date the balance is shown in current assets as amounts recoverable on contracts. Where amounts invoiced to date exceed costs the balance is shown in creditors as payments on account.

Where performance obligations are considered to be satisfied over time the relevant proportion of sales and costs are included within turnover and expenditure headings up to the period end. Contracts are also assessed for foreseeable losses. Where sales invoiced to date exceed the proportion of revenue recognised to date they are carried forward, similarly with costs. Balancing amounts of the excess sales and costs are shown either in amounts recoverable on contracts within current assets or within payments on account within creditors.

Taxation

Taxation represents the sum of tax currently payable, and deferred tax if material.

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.

Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 26 (2024 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant &

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

69,706

431,142

194,810

76,310

771,968

Additions

-

622

-

791

1,413

At 31 March 2025

69,706

431,764

194,810

77,101

773,381

DEPRECIATION

At 1 May 2024

69,706

314,922

104,290

72,586

561,504

Charge for period

-

40,391

27,842

2,253

70,486

At 31 March 2025

69,706

355,313

132,132

74,839

631,990

NET BOOK VALUE

At 31 March 2025

-

76,451

62,678

2,262

141,391

At 30 April 2024

-

116,220

90,520

3,724

210,464

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

30.4.24

£

£

Trade debtors

1,007,207

743,585

Amounts owed by group undertakings

1,291,736

1,291,736

Other debtors

-

17,148

Directors' current accounts

165

-

Prepayments

26,659

15,616

2,325,767

2,068,085

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

30.4.24

£

£

Bank loans and overdrafts

10,000

9,977

Hire purchase contracts

4,885

19,013

Payments on account

337,711

-

Trade creditors

346,687

209,469

Corporation tax

130,403

167,348

Social security and other taxes

44,536

-

VAT

200,126

292,882

Other creditors

5,258

2,340

Accrued expenses

214,335

117,069

1,293,941

818,098

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

30.4.24

£

£

Bank loans

10,794

19,925

Hire purchase contracts

-

3,169

10,794

23,094

8.	LEASE COMMITMENTS

At 30th April 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £233,092 (2024: £287,215).

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2025 and the year ended 30 April 2024:

31.3.25

30.4.24

£

£

M J Anderson

Balance outstanding at start of period

-

4,945

Amounts advanced

165

-

Amounts repaid

-

(4,945

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

165

-

10.	ULTIMATE CONTROLLING PARTY

At the balance sheet date the company was controlled by Mr & Mrs Anderson, who between them held 100% of the parent company Anderson Holdings (KRR) Ltd