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Company Registration No. 6585930 (England and Wales)
KFS Service Limited Unaudited accounts for the year ended 31 March 2025
KFS Service Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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KFS Service Limited Company Information for the year ended 31 March 2025
Director
Neil Holden
Company Number
6585930 (England and Wales)
Registered Office
73 LIGHTWATER MEADOW LIGHTWATER SURREY GU18 5XH
Accountants
Golding & Co Accounting Services Limited 29 Blackwood Close West Byfleet Surrey KT14 6PP
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KFS Service Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
24,901
33,816
Investments
5
118,615
110,927
143,516
144,743
Current assets
Debtors
6
25,127
23,030
Cash at bank and in hand
28,763
38,755
53,890
61,785
Creditors: amounts falling due within one year
7
(80,179)
(59,424)
Net current (liabilities)/assets
(26,289)
2,361
Total assets less current liabilities
117,227
147,104
Creditors: amounts falling due after more than one year
8
(3,424)
(15,127)
Provisions for liabilities
Deferred tax
(6,225)
(6,425)
Net assets
107,578
125,552
Capital and reserves
Called up share capital
9
3
3
Profit and loss account
107,575
125,549
Shareholders' funds
107,578
125,552
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.
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
Neil Holden Director Company Registration No. 6585930
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KFS Service Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
KFS Service Limited is a private company, limited by shares, registered in England and Wales, registration number 6585930. The registered office is 73 LIGHTWATER MEADOW, LIGHTWATER, SURREY, GU18 5XH.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investments
Investments in shares are included at fair value.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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KFS Service Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
38,456
453
38,909
Additions
-
912
912
At 31 March 2025
38,456
1,365
39,821
Depreciation
At 1 April 2024
4,807
286
5,093
Charge for the year
9,614
213
9,827
At 31 March 2025
14,421
499
14,920
Net book value
At 31 March 2025
24,035
866
24,901
At 31 March 2024
33,649
167
33,816
5
Investments
Other investments
£
Valuation at 1 April 2024
110,927
Additions
3,772
Fair value adjustments
3,916
Valuation at 31 March 2025
118,615
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
25,127
21,723
Other debtors
-
1,307
25,127
23,030
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,738
5,200
VAT
11,845
10,241
Obligations under finance leases and hire purchase contracts
5,965
5,537
Trade creditors
1,157
1,232
Taxes and social security
17,552
18,232
Other creditors
13,072
-
Loans from directors
24,850
17,857
Accruals
-
1,125
80,179
59,424
- 6 -
KFS Service Limited Notes to the Accounts for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
328
6,067
Obligations under finance leases and hire purchase contracts
3,096
9,060
3,424
15,127
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
1 A Ordinary shares of £1 each
1
1
3
3
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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