Kustombuilt Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08591872

Kustombuilt Limited

Filleted Unaudited Financial Statements

31 March 2025

Kustombuilt Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Kustombuilt Limited

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		39,774		28,740

Current assets

Stocks		30,485	28,701
Debtors	6	197,132	97,518
Cash at bank and in hand		2,454	19,127
		---------	---------
		230,071	145,346

Creditors: amounts falling due within one year	7	183,445		103,323
		---------		---------
Net current assets			46,626		42,023
			--------		--------
Total assets less current liabilities			86,400		70,763

Creditors: amounts falling due after more than one year	8		23,668		28,606

Provisions

Taxation including deferred tax	9,944	7,185
	--------	--------
Net assets	52,788	34,972
	--------	--------

Kustombuilt Limited

Balance Sheet (continued)

31 March 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	10	10
Profit and loss account	52,778	34,962
	--------	--------
Shareholders funds	52,788	34,972
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 2 December 2025 , and are signed on behalf of the board by:

Mr M Tromans
Director

Company registration number: 08591872

Kustombuilt Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% straight line
Motor vehicles	-	25% straight line
Equipment	-	25% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 7 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 April 2024	40,139	10,990	1,017	52,146
Additions	22,467	–	578	23,045
	--------	--------	-------	--------
At 31 March 2025	62,606	10,990	1,595	75,191
	--------	--------	-------	--------
Depreciation
At 1 April 2024	11,670	10,990	746	23,406
Charge for the year	11,814	–	197	12,011
	--------	--------	-------	--------
At 31 March 2025	23,484	10,990	943	35,417
	--------	--------	-------	--------
Carrying amount
At 31 March 2025	39,122	–	652	39,774
	--------	--------	-------	--------
At 31 March 2024	28,469	–	271	28,740
	--------	--------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	188,136	77,387
Other debtors	8,996	20,131
	---------	--------
	197,132	97,518
	---------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	31,303	4,817
Trade creditors	52,630	8,337
Corporation tax	10,826	30,326
Social security and other taxes	47,479	27,021
Other creditors	41,207	32,822
	---------	---------
	183,445	103,323
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	23,668	28,606
	--------	--------

9. Director's advances, credits and guarantees

During the year, the director had an interest-free, repayable on demand loan with the company. At the start of the year the director was owed £722, and at the end of the year the director was owed £722.