Company Registration No. 05879566 (England and Wales)
K16 Contracts Limited
Unaudited accounts
for the year ended 31 July 2025
K16 Contracts Limited
Unaudited accounts
Contents
K16 Contracts Limited
Company Information
for the year ended 31 July 2025
Company Number
05879566 (England and Wales)
Registered Office
8 PILGRIM CLOSE
PARK STREET
ST. ALBANS
AL2 2JD
ENGLAND
Accountants
GIA Foley & Co
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
K16 Contracts Limited
Statement of financial position
as at 31 July 2025
Tangible assets
5,089
6,785
Cash at bank and in hand
2,769
18
Creditors: amounts falling due within one year
(24,646)
(33,924)
Net current (liabilities)/assets
(5,585)
4,046
Total assets less current liabilities
(496)
10,831
Creditors: amounts falling due after more than one year
(5,150)
(10,731)
Net (liabilities)/assets
(5,646)
100
Called up share capital
100
100
Profit and loss account
(5,746)
-
Shareholders' funds
(5,646)
100
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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 22 April 2026 and were signed on its behalf by
Kieran Clancy
Director
Company Registration No. 05879566
K16 Contracts Limited
Notes to the Accounts
for the year ended 31 July 2025
K16 Contracts Limited is a private company, limited by shares, registered in England and Wales, registration number 05879566. The registered office is 8 PILGRIM CLOSE, PARK STREET, ST. ALBANS, AL2 2JD, 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.
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.
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.
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:
Motor vehicles
25% Reducing balance method
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.
The company is by definition insolvent. The director has confirmed that he will continue to supply financial support to the company to ensure that it can meet its financial obligations.
K16 Contracts Limited
Notes to the Accounts
for the year ended 31 July 2025
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Other debtors
16,292
34,192
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,656
5,656
Taxes and social security
5,511
17,540
Other creditors
8,235
9,022
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).