KTOWNNEWMALDEN LIMITED

Company Registration Number:
13292066 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

KTOWNNEWMALDEN LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

KTOWNNEWMALDEN LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 133,429 133,007
Total fixed assets: 133,429 133,007
Current assets
Stocks: 3,500 4,800
Debtors:   564,534 561,670
Cash at bank and in hand: 45,492 54,739
Total current assets: 613,526 621,209
Creditors: amounts falling due within one year:   (271,020) (312,904)
Net current assets (liabilities): 342,506 308,305
Total assets less current liabilities: 475,935 441,312
Total net assets (liabilities): 475,935 441,312
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 475,835 441,212
Shareholders funds: 475,935 441,312

The notes form part of these financial statements

KTOWNNEWMALDEN LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 June 2025
and signed on behalf of the board by:

Name: D Shin
Status: Director

The notes form part of these financial statements

KTOWNNEWMALDEN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Improvement to property: 20% on reducing balance basis Plant & machinery: 20% on reducing balance basis Fixtures & fittings: 20% on reducing balance basis Motor vehicles: 20% on reducing balance basis

Valuation and information policy

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

Other accounting policies

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.

KTOWNNEWMALDEN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 20 22

KTOWNNEWMALDEN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 222,701
Additions 38,619
At 31 March 2025 261,320
Depreciation
At 01 April 2024 89,694
Charge for year 38,197
At 31 March 2025 127,891
Net book value
At 31 March 2025 133,429
At 31 March 2024 133,007