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Company Registration No. 10818280 (England and Wales)
KK Kustoms Ltd Unaudited accounts for the year ended 30 June 2025
KK Kustoms Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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KK Kustoms Ltd Company Information for the year ended 30 June 2025
Director
Mr Kashif Ahmed
Company Number
10818280 (England and Wales)
Registered Office
140 Hopwood Lane Halifax HX1 4EX United Kingdom
Accountants
Pinnacle Chartered Accountants & Tax Advisors The Elsie Whiteley Innovation Centre Hopwood Lane Halifax HX1 5ER
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KK Kustoms Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,689
2,273
Current assets
Inventories
354,375
392,355
Debtors
-
10,325
Cash at bank and in hand
11,726
7,519
366,101
410,199
Creditors: amounts falling due within one year
(313,295)
(363,675)
Net current assets
52,806
46,524
Total assets less current liabilities
54,495
48,797
Provisions for liabilities
Deferred tax
5
(321)
(432)
Net assets
54,174
48,365
Capital and reserves
Called up share capital
6
10
10
Profit and loss account
54,164
48,355
Shareholders' funds
54,174
48,365
For the year ending 30 June 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 December 2025 and were signed on its behalf by
Mr Kashif Ahmed Director Company Registration No. 10818280
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KK Kustoms Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
KK Kustoms Ltd is a private company, limited by shares, registered in England and Wales, registration number 10818280. The registered office is 140 Hopwood Lane, Halifax, HX1 4EX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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KK Kustoms Ltd Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 July 2024
8,344
Additions
342
Disposals
(1,213)
At 30 June 2025
7,473
Depreciation
At 1 July 2024
6,071
Charge for the year
926
On disposals
(1,213)
At 30 June 2025
5,784
Net book value
At 30 June 2025
1,689
At 30 June 2024
2,273
5
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
321
432
2025
2024
£
£
Provision at start of year
432
132
(Credited)/charged to the profit and loss account
(111)
300
Provision at end of year
321
432
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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