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Company Registration No. 10865431 (England and Wales)
KES VENTURES LTD Unaudited accounts for the year ended 31 July 2025
KES VENTURES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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KES VENTURES LTD Company Information for the year ended 31 July 2025
Directors
Huw Stephens Andrew Stibbard
Company Number
10865431 (England and Wales)
Registered Office
11-12 MARKET PLACE FARINGDON OXFORDSHIRE SN7 7HP ENGLAND
Accountants
Asset Accounting (Swindon) Ltd Second Floor 11-12 Market Place Faringdon Oxfordshire SN7 7HP
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KES VENTURES LTD Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Current assets
Inventories
1,108,072
1,108,072
Cash at bank and in hand
9,761
5,628
1,117,833
1,113,700
Creditors: amounts falling due within one year
(725)
(725)
Net current assets
1,117,108
1,112,975
Total assets less current liabilities
1,117,108
1,112,975
Creditors: amounts falling due after more than one year
(958,014)
(975,439)
Net assets
159,094
137,536
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
158,094
136,536
Shareholders' funds
159,094
137,536
For the year ending 31 July 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 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 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 of Directors and authorised for issue on 7 April 2025 and were signed on its behalf by
Andrew Stibbard Director Company Registration No. 10865431
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KES VENTURES LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
KES VENTURES LTD is a private company, limited by shares, registered in England and Wales, registration number 10865431. The registered office is 11-12 MARKET PLACE, FARINGDON, OXFORDSHIRE, SN7 7HP, ENGLAND.
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. 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.
Taxation
The Tax expense for the period comprises of current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted by the reporting date in the countries where the company operates and generates taxable income.
4
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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