Company Registration No. 14763439 (England and Wales)
KB Motors Ltd
Unaudited accounts
for the year ended 31 March 2025
KB Motors Ltd
Unaudited accounts
Contents
KB Motors Ltd
Company Information
for the year ended 31 March 2025
Company Number
14763439 (England and Wales)
Registered Office
Flat 142
Southwyck House
Moorland Road
London
London
SW9 8UR
England
Accountants
K M B & Associates
4 Imperial Place
Maxwell Road
Borehamwood
Hertfordshire
WD6 1JN
KB Motors Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
1,117
1,613
Cash at bank and in hand
(3)
-
Creditors: amounts falling due within one year
(1,992)
(1,995)
Net current liabilities
(1,995)
(1,995)
Net liabilities
(878)
(382)
Called up share capital
1
1
Profit and loss account
(879)
(383)
Shareholders' funds
(878)
(382)
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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 December 2025 and were signed on its behalf by
Akim Obalola
Director
Company Registration No. 14763439
KB Motors Ltd
Notes to the Accounts
for the year ended 31 March 2025
KB Motors Ltd is a private company, limited by shares, registered in England and Wales, registration number 14763439. The registered office is Flat 142, Southwyck House, Moorland Road, London, London, SW9 8UR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis. The directors have considered the company’s financial position, performance, and future plans, and believe that the company has adequate resources to continue operating and meet its liabilities as they fall due. There are no material uncertainties that would cast significant doubt on the company’s ability to continue as a going concern.
4
Tangible fixed assets
Total
KB Motors Ltd
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Transactions with related parties
At the balance sheet date, the company owed the director £992 (2024: £995). The amount is interest-free and repayable on demand, subject to the company’s ability to make the repayment based on its financial position at the year-end.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).