Company Registration No. 03046560 (England and Wales)
Kabasons Limited
Unaudited accounts
for the year ended 30 April 2025
Kabasons Limited
Unaudited accounts
Contents
Kabasons Limited
Company Information
for the year ended 30 April 2025
Directors
Mr H K Popat
Mrs S H Popat
Company Number
03046560 (England and Wales)
Registered Office
Kabason House, 30 Greenbank Drive
Oadby
Leicester
Leicestershire
LE2 5RP
United Kingdom
Kabasons Limited
Statement of financial position
as at 30 April 2025
Cash at bank and in hand
3,733
10,945
Creditors: amounts falling due within one year
(68,899)
(71,191)
Net current assets
21,016
15,182
Total assets less current liabilities
21,750
15,182
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
21,598
15,180
Shareholders' funds
21,600
15,182
For the year ending 30 April 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 27 April 2026 and were signed on its behalf by
Mr H K Popat
Director
Company Registration No. 03046560
Kabasons Limited
Notes to the Accounts
for the year ended 30 April 2025
Kabasons Limited is a private company, limited by shares, registered in England and Wales, registration number 03046560. The registered office is Kabason House, 30 Greenbank Drive, Oadby, Leicester, Leicestershire, LE2 5RP, 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.
These financial statements for the year ended 30 April 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 rendering of services is recognised when services are delivered.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment losses. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Taxation represents current corporation tax payable and deferred tax. The company's liability for current corporation tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on all timing differences between the carrying amount of assets and liabilities in the financial statements and the corresponding tax basis used in the computation of taxable profit. In general, deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on the tax rates and the tax laws that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax assets and liabilities are not discounted.
The company continues to rely on the ongoing support of the shareholders/directors. The shareholders/directors confirm that such support will continue and, on that basis the company continues to adopt the going concern basis of accounting in preparing the financial statements.
Kabasons Limited
Notes to the Accounts
for the year ended 30 April 2025
4
Tangible fixed assets
Total
5
Transactions with related parties
At the balance sheet date the company owed the directors £ 44,344 (2024: £ 60,734) and these amounts are included in Creditors: amounts falling due within one year.
This is an interest free facility that is repayable on demand.
6
Average number of employees
During the year the average number of employees was 3 (2024: 3).