REGISTERED NUMBER: 10647031 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KSG CONSTRUCTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M B Drabble

D M Morrison

REGISTERED OFFICE:

South Stour Offices

Roman Road

Mersham

Ashford

Kent

TN25 7HS

REGISTERED NUMBER:

10647031 (England and Wales)

ACCOUNTANTS:

Cassidys Chartered Accountants

South Stour Offices

South Stour Road

Mersham

Ashford

Kent

TN25 7HS

FIXED ASSETS

Tangible assets

4

132,658

157,723

CURRENT ASSETS

Stocks

86,433

160,348

Debtors

5

267,741

622,772

Cash at bank and in hand

41,450

1,253

395,624

784,373

CREDITORS

Amounts falling due within one year

6

319,472

463,366

NET CURRENT ASSETS

76,152

321,007

TOTAL ASSETS LESS CURRENT LIABILITIES

208,810

478,730

CREDITORS

Amounts falling due after more than one year

7

(32,440

)

(72,529

)

PROVISIONS FOR LIABILITIES

(28,869

)

(39,431

)

NET ASSETS

147,501

366,770

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

147,301

366,570

SHAREHOLDERS' FUNDS

147,501

366,770

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 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 10 December 2025 and were signed on its behalf by:

M B Drabble - Director

D M Morrison - Director

1.	STATUTORY INFORMATION

KSG Construction 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.	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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

319,438

Additions

26,583

Disposals

(61,928

)

At 31 March 2025

284,093

DEPRECIATION

At 1 April 2024

161,715

Charge for year

33,163

Eliminated on disposal

(43,443

)

At 31 March 2025

151,435

NET BOOK VALUE

At 31 March 2025

132,658

At 31 March 2024

157,723

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

129,220

393,282

Other debtors

138,521

229,490

267,741

622,772

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,355

21,523

Hire purchase contracts

29,833

32,917

Trade creditors

43,769

202,273

Amounts owed to group undertakings

9,870

-

Taxation and social security

121,373

165,353

Other creditors

104,272

41,300

319,472

463,366

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,302

11,558

Hire purchase contracts

31,138

60,971

32,440

72,529

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

200

Ordinary

£1

200

200

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

D M Morrison

Balance outstanding at start of year

7,737

3,269

Amounts advanced

-

7,737

Amounts repaid

(7,737

)

(3,269

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

7,737

M B Drabble

Balance outstanding at start of year

16,496

-

Amounts advanced

19,573

16,496

Amounts repaid

(16,496

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,573

16,496

The overdrawn directors loan account has been repaid within 9 months of the year end.

10.	RELATED PARTY DISCLOSURES

M B Drabble - Director and shareholder

As at the balance sheet date, the company is owed by Mr Drabble £19,573 (2024: £16,496).

D M Morrison - Director and shareholder

As at the balance sheet date, the company owed Mr Morrison £23,123 (2024: £7,737 owed to the Company).

KSG Holdings Limited - Parent Company

During the year management services were provided by KSG Holdings Limited to KSG Construction Limited at the charge of £40,000 (2024: £Nil). At the balance sheet date KSG Holdings Limited was owed £9,870 by KSG Construction Limited (2024: KSG Holdings Limited owed KSG Construction Limited £2,857).