Company Registration No. 11334904 (England and Wales)
Kraus Kitchens Ltd
Unaudited accounts
for the year ended 31 March 2025
Kraus Kitchens Ltd
Unaudited accounts
Contents
Kraus Kitchens Ltd
Company Information
for the year ended 31 March 2025
Directors
Eligijus Kraujutis
Rima Kraujutiene
Company Number
11334904 (England and Wales)
Registered Office
1B St James's Road
Sevenoaks
TN13 3NH
United Kingdom
Accountants
Rustrick Accountants Limited
380A New Hythe lane
Larkfield
Maidstone
Kent
ME20 6RZ
Kraus Kitchens Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
13,816
4,692
Cash at bank and in hand
71,645
47,554
Creditors: amounts falling due within one year
(67,850)
(33,148)
Net current assets
45,748
58,575
Total assets less current liabilities
59,564
63,267
Creditors: amounts falling due after more than one year
(14,312)
(17,070)
Called up share capital
2
2
Profit and loss account
45,250
46,195
Shareholders' funds
45,252
46,197
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 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 of Directors and authorised for issue on 10 November 2025 and were signed on its behalf by
Eligijus Kraujutis
Director
Company Registration No. 11334904
Kraus Kitchens Ltd
Notes to the Accounts
for the year ended 31 March 2025
Kraus Kitchens Ltd is a private company, limited by shares, registered in England and Wales, registration number 11334904. The registered office is 1B St James's Road, Sevenoaks, TN13 3NH, United Kingdom.
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:
Motor vehicles
15% written down value
Computer equipment
25% Straight line
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Kraus Kitchens Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
-
6,950
1,627
8,577
Additions
10,000
-
-
10,000
At 31 March 2025
10,000
6,950
1,627
18,577
At 1 April 2024
-
3,322
563
3,885
Charge for the year
-
544
332
876
At 31 March 2025
-
3,866
895
4,761
At 31 March 2025
10,000
3,084
732
13,816
At 31 March 2024
-
3,628
1,064
4,692
Amounts falling due within one year
Trade debtors
10,733
12,478
Accrued income and prepayments
265
-
Other debtors
21,795
24,398
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
3,329
3,900
Trade creditors
12,021
2,597
Taxes and social security
19,578
6,078
Loans from directors
12,813
-
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Kraus Kitchens Ltd
Notes to the Accounts
for the year ended 31 March 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Mr E Kraujutis
9,699
3,663
-
13,362
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).