KTM Machinery Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 08383785

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		95,109		103,956

			95,109		103,956
CURRENT ASSETS
Stocks	6	219,332		200,545
Debtors	7	16,395		1,199

		235,727		201,744
Creditors: Amounts Falling Due Within One Year	8	(881,803 )		(836,708 )

NET CURRENT ASSETS (LIABILITIES)			(646,076 )		(634,964 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(550,967 )		(531,008 )

NET LIABILITIES			(550,967 )		(531,008 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(551,067 )		(531,108 )

SHAREHOLDERS' FUNDS			(550,967)		(531,008)

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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Kevin Machen

Director

31/12/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

KTM Machinery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08383785 . The registered office is The Office Glen View, Chilsworthy, Holsworthy, Devon, EX22 7BG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	4% reducing balance
Leasehold	4% reducing balance
Plant & Machinery	15% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	15% reducing balance
Computer Equipment	15% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	2	2

	2	2

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KTM Machinery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	250,000

As at 31 March 2025	250,000

Amortisation
As at 1 April 2024	250,000

As at 31 March 2025	250,000

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2024	93,519	72,764	16,206	35,069
Additions	-	851	-	-

As at 31 March 2025	93,519	73,615	16,206	35,069

Depreciation
As at 1 April 2024	31,294	50,548	9,369	24,247
Provided during the period	2,489	3,598	1,709	1,623

As at 31 March 2025	33,783	54,146	11,078	25,870

Net Book Value
As at 31 March 2025	59,736	19,469	5,128	9,199

As at 1 April 2024	62,225	22,216	6,837	10,822


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2024	4,763	222,321
Additions	-	851

As at 31 March 2025	4,763	223,172

Depreciation
As at 1 April 2024	2,907	118,365
Provided during the period	279	9,698

As at 31 March 2025	3,186	128,063

...CONTINUED

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KTM Machinery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	1,577	95,109

As at 1 April 2024	1,856	103,956

6. Stocks

	2025	2024
	£	£
Materials	219,332	200,545

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	16,395	1,112
Other taxes and social security	-	87

	16,395	1,199

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,566	7,409
Bank loans and overdrafts	16,983	26,152
Other taxes and social security	2,712	-
Other creditors	860,542	803,147

	881,803	836,708

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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