Silverfin false false 30/06/2025 27/06/2024 30/06/2025 A Milligan 27/06/2024 23 January 2026 The principal activates of the company during the financial year was buying and selling of own real estate. 15805927 2025-06-30 15805927 bus:Director1 2025-06-30 15805927 core:CurrentFinancialInstruments 2025-06-30 15805927 core:ShareCapital 2025-06-30 15805927 core:RetainedEarningsAccumulatedLosses 2025-06-30 15805927 2024-06-26 15805927 2024-06-27 2025-06-30 15805927 bus:FilletedAccounts 2024-06-27 2025-06-30 15805927 bus:SmallEntities 2024-06-27 2025-06-30 15805927 bus:AuditExemptWithAccountantsReport 2024-06-27 2025-06-30 15805927 bus:PrivateLimitedCompanyLtd 2024-06-27 2025-06-30 15805927 bus:Director1 2024-06-27 2025-06-30 iso4217:GBP xbrli:pure

Company No: 15805927 (England and Wales)

# KALAG LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD FROM 27 JUNE 2024 TO 30 JUNE 2025
PAGES FOR FILING WITH THE REGISTRAR

KALAG LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 27 JUNE 2024 TO 30 JUNE 2025

Contents

KALAG LIMITED

## COMPANY INFORMATION

FOR THE FINANCIAL PERIOD FROM 27 JUNE 2024 TO 30 JUNE 2025
KALAG LIMITED

## COMPANY INFORMATION (continued)

FOR THE FINANCIAL PERIOD FROM 27 JUNE 2024 TO 30 JUNE 2025

DIRECTOR | A Milligan (Appointed 27 June 2024)

REGISTERED OFFICE | Wey Court West
| Union Road
| Farnham
| Surrey
| GU9 7PT
| United Kingdom

COMPANY NUMBER | 15805927 (England and Wales)

ACCOUNTANT | Shaw Gibbs Limited
| Wey Court West
| Union Road
| Farnham
| Surrey
| GU9 7PT

KALAG LIMITED

## STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2025
KALAG LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

AS AT 30 JUNE 2025

| Note | 30.06.2025
|  | £
Fixed assets |  |
Investment property | 3 | 405,203
|  | 405,203
Current assets |  |
Debtors | 4 | 30
Cash at bank and in hand |  | 5,107
|  | 5,137
Creditors: amounts falling due within one year | 5 | ( 410,547)
Net current liabilities |  | (405,410)
Total assets less current liabilities |  | (207)
Net liabilities |  | ( 207)
Capital and reserves |  |
Called-up share capital |  | 30
Profit and loss account |  | ( 237 )
Total shareholders' deficit |  | ( 207)

For the financial period ending 30 June 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 financial period in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of KALAG Limited (registered number: 15805927) were approved and authorised for issue by the Director on 23 January 2026. They were signed on its behalf by:

A Milligan Director |

KALAG LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 27 JUNE 2024 TO 30 JUNE 2025
KALAG LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 27 JUNE 2024 TO 30 JUNE 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

##### General information and basis of accounting

KALAG Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wey Court West, Union Road, Farnham, Surrey, GU9 7PT, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has confirmed to continue supporting the business personally as and when any financial obligations fall due. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Statement of Financial Position date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Statement of Financial Position date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The fair value is determined annually by the director, on an open market value for existing use basis.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

#### 2. Employees

| Period from 27.06.2024 to 30.06.2025
| Number
Monthly average number of persons employed by the Company during the period, including the director | 1

#### 3. Investment property

| Investment property
| £
Valuation |
As at 27 June 2024 | 0
Additions | 405,203
As at 30 June 2025 | 405,203

#### 4. Debtors

| 30.06.2025
| £
Other debtors | 30

#### 5. Creditors: amounts falling due within one year

| 30.06.2025
| £
Amounts owed to director | 407,817
Accruals | 2,730
| 410,547