KS Capital Limited - Filleted accounts

Registered number

10980960

KS Capital Limited

Filleted Accounts

31 March 2025

KS Capital Limited
Registered number:		10980960
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		506,855			507,056

Current assets
Cash at bank and in hand		-			(339)

Creditors: amounts falling due within one year	4	(2,704)			(1,297)

Net current liabilities			(2,704)			(1,636)

Total assets less current liabilities			504,151			505,420

Creditors: amounts falling due after more than one year	5		(550,159)			(546,905)



Net liabilities			(46,008)			(41,485)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(46,108)			(41,585)

Shareholders' funds			(46,008)			(41,485)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Dr H Karn
Director
Approved by the board on 30 December 2025

KS Capital Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			nil
	Leasehold land and buildings			nil
	Fixtures, fittings, tools and equipment			25% per annum

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					-		-


3	Tangible fixed assets
		Land and buildings		Property Improvements		Fixtures, fittings and equipment		Total
£			£		£		£
	Cost
	At 1 April 2024	504,500		1,750		5,015		511,265
	At 31 March 2025	504,500		1,750		5,015		511,265

	Depreciation
	At 1 April 2024	-		-		4,209		4,209
	Charge for the year	-		-		201		201
	At 31 March 2025	-		-		4,410		4,410

	Net book value
	At 31 March 2025	504,500		1,750		605		506,855
	At 31 March 2024	504,500		1,750		806		507,056


4	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					107		-
	Trade creditors and accruals					2,597		1,297
						2,704		1,297


5	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					391,913		391,913
	Other creditors					158,246		154,992
						550,159		546,905


6	Loans					2025		2024
£							£
	Creditors include:
	Amounts payable otherwise than by instalment falling due for payment after more than five years					158,246		154,992
	Instalments falling due for payment after more than five years					391,913		391,913
						550,159		546,905


	Secured bank loans					391,913		391,913

	Bank loans are secured by way of a fixed and floating charge over the company's properties.


7	Other information

	KS Capital Limited is a private company limited by shares and incorporated in England. Its registered office is:

	6 St. Paul's Close
	Hook
	Chessington
	Surrey
	KT9 1PE