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REGISTERED NUMBER: 04718873 (England and Wales)

Unaudited Financial Statements For The Year Ended 30 April 2025

for

KAMS PALACE LIMITED

KAMS PALACE LIMITED (Registered number: 04718873)

Contents of the Financial Statements

For The Year Ended 30 April 2025

Page |

Company information | 1 |

Balance sheet | 2 |

Notes to the financial statements | 4 |

KAMS PALACE LIMITED

Company Information

For The Year Ended 30 April 2025

| DIRECTOR: | K H NG

| SECRETARY: | O NG

| REGISTERED OFFICE: | 1 Bridge Road

| Park Gate

| Southampton

| Hampshire

| SO31 7GD

| REGISTERED NUMBER: | 04718873 (England and Wales)

| ACCOUNTANTS: | Euro Ashfords LLP

| First Floor Ashford House

| 100 College Road

| Harrow

| Middlesex

| HA1 1BQ

KAMS PALACE LIMITED (Registered number: 04718873)

Balance Sheet

30 April 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 20,794 |  | 27,727 |  |

20,794 |  | 27,727 |  |

CURRENT ASSETS

Stocks | 71,000 |  | 71,000 |  |

Debtors | 6 | 30,086 |  | - |  |

Cash at bank and in hand | 18,785 |  | 21,963 |  |

119,871 |  | 92,963 |  |

CREDITORS

Amounts falling due within one year | 7 | 128,958 |  | 197,136 |  |

NET CURRENT LIABILITIES | (9,087 | ) | (104,173 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 11,707 |  | (76,446 | ) |

CREDITORS

Amounts falling due after more than one year | 8 | 117,187 |  | 16,084 |  |

NET LIABILITIES | (105,480 | ) | (92,530 | ) |

CAPITAL AND RESERVES

Called up share capital | 3 |  | 3 |  |

Retained earnings | (105,483 | ) | (92,533 | ) |

SHAREHOLDERS' FUNDS | (105,480 | ) | (92,530 | ) |

KAMS PALACE LIMITED (Registered number: 04718873)

Balance Sheet - continued

30 April 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 29 January 2026 and were signed by:

K H NG - Director

KAMS PALACE LIMITED (Registered number: 04718873)

Notes to the Financial Statements

For The Year Ended 30 April 2025

1. | STATUTORY INFORMATION

| KAMS PALACE LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

| KAMS PALACE 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: 04718873

| Registered office: 1 Bridge Road

| Park Gate

| Southampton

| Hampshire

| SO31 7GD

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.

| Goodwill

| Goodwill representing the excess of the purchase price over the fair value of the net assets of undertakings acquired is capitalised in the balance sheet and is amortised by equal annual instalments over the expected useful economic life of 15 years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. Fixed assets purchased at the last week of the year are not depreciated.The principal rates in use are:

| Motor Vehicles: 20% Straight Line Method

| Equipment, fixtures and fittings: 25% Reducing Balance Method

KAMS PALACE LIMITED (Registered number: 04718873)

Notes to the Financial Statements - continued

For The Year Ended 30 April 2025

2. | ACCOUNTING POLICIES - continued

| Stocks

| Stock and work in progress is valued at the lower of cost and estimated net realisable value.

| Cost of raw materials is determined on the first in and first out basis. In the case of work in progress and finished goods, cost includes all direct expenditure and production overheads based on the normal level of activity. Net realisable value is the price at which the stock can be released in the normal course of business, less further costs to completion of sale.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Going concern

| The director has prepared the accounts on going concern basis as a result of continuous director's support. The director will not withdraw their financial support from the company for the ensuing year.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 19 (2024 - 22 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 May 2024

| and 30 April 2025 | 350,000 |  |

| AMORTISATION

| At 1 May 2024

| and 30 April 2025 | 350,000 |  |

| NET BOOK VALUE

| At 30 April 2025 | - |  |

| At 30 April 2024 | - |  |

KAMS PALACE LIMITED (Registered number: 04718873)

Notes to the Financial Statements - continued

For The Year Ended 30 April 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |  | Computer |

| fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 May 2024

| and 30 April 2025 | 261,303 |  | 10,788 |  | 14,140 |  | 286,231 |  |

| DEPRECIATION

| At 1 May 2024 | 241,602 |  | 10,788 |  | 6,114 |  | 258,504 |  |

| Charge for year | 4,926 |  | - |  | 2,007 |  | 6,933 |  |

| At 30 April 2025 | 246,528 |  | 10,788 |  | 8,121 |  | 265,437 |  |

| NET BOOK VALUE

| At 30 April 2025 | 14,775 |  | - |  | 6,019 |  | 20,794 |  |

| At 30 April 2024 | 19,701 |  | - |  | 8,026 |  | 27,727 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Capify Loan Interest | 30,086 |  | - |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 11,689 |  | 11,689 |  |

| Trade creditors | - |  | 6,734 |  |

| Tax | 18,679 |  | 20,584 |  |

| Social security and other taxes | 17,837 |  | 21,652 |  |

| Pension obligation | 2,199 |  | 2,646 |  |

| VAT | 63,414 |  | 87,814 |  |

| Directors' current accounts | - |  | 33,227 |  |

| Accrued expenses | 15,140 |  | 12,790 |  |

128,958 |  | 197,136 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| BBL loan >1 Year | 2,647 |  | 12,647 |  |

| Capify Loan | 114,540 |  | 3,437 |  |

117,187 |  | 16,084 |  |

KAMS PALACE LIMITED (Registered number: 04718873)

Notes to the Financial Statements - continued

For The Year Ended 30 April 2025

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025 | 2024 |

£ | £ |

| K H NG

| Balance outstanding at start of year | (33,227 | ) | (606 | ) |

| Amounts advanced | 199,876 |  | 250,179 |  |

| Amounts repaid | (166,649 | ) | (282,800 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | (33,227 | ) |

10. | ULTIMATE CONTROLLING PARTY

| At the balance sheet date Mr K H NG owned a 100% shareholding in Kams Palace Ltd. Therefore, he is the ultimate controlling party.