REGISTERED NUMBER: 08948921 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Kingreen Veg Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

4

3,007

4,241

Current assets

Stocks

5

-

2,965

Debtors

6

138,580

119,502

Cash at bank

95

2,476

138,675

124,943

Creditors

Amounts falling due within one year

7

(305,535

)

(23,426

)

Net current (liabilities)/assets

(166,860

)

101,517

Total assets less current liabilities

(163,853

)

105,758

Creditors

Amounts falling due after more than one year

8

(34,232

)

(40,732

)

Net (liabilities)/assets

(198,085

)

65,026

Capital and reserves

Called up share capital

200,100

200,100

Retained earnings

10

(398,185

)

(135,074

)

Shareholders' funds

(198,085

)

65,026

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 director acknowledges his 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 director and authorised for issue on 25 December 2025 and were signed by:

Haroon Abbas - Director

1.	Statutory information

Kingreen Veg Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08948921

Registered office:

113 London Road

Morden

SM4 5HP

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	Employees and directors

The average number of employees during the year was NIL (2024 - 4 ).

4.	Tangible fixed assets

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 April 2024

and 31 March 2025

794

339

28,800

29,933

Depreciation

At 1 April 2024

413

339

24,940

25,692

Charge for year

76

-

1,158

1,234

At 31 March 2025

489

339

26,098

26,926

Net book value

At 31 March 2025

305

-

2,702

3,007

At 31 March 2024

381

-

3,860

4,241

5.

Stocks

31.3.25

31.3.24

£

£

Finished goods

-

2,965

6.

Debtors: amounts falling due within one year

31.3.25

31.3.24

£

£

Trade debtors

113,306

95,485

Other debtors

23,792

23,792

Long term contracts

141

141

VAT

1,341

84

138,580

119,502

7.

Creditors: amounts falling due within one year

31.3.25

31.3.24

£

£

Trade creditors

304,637

15,355

Corporation tax

898

2,596

Other creditors

-

3,875

Accrued expenses

-

1,600

305,535

23,426

8.

Creditors: amounts falling due after more than one year

31.3.25

31.3.24

£

£

Bank loans (see note 9)

33,500

40,000

Trade creditors

732

732

34,232

40,732

9.

Loans

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due between one and two years:

Bank loans > 1 year

33,500

40,000

10.

Reserves

Retained

earnings

£

At 1 April 2024

(135,074

)

Deficit for the year

(263,111

)

At 31 March 2025

(398,185

)