Kudos Interiors Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC427740

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		17,533		23,376

			17,533		23,376
CURRENT ASSETS
Stocks	5	-		10,000
Debtors	6	74		94
Cash at bank and in hand		112		634

		186		10,728
Creditors: Amounts Falling Due Within One Year	7	(68,696 )		(73,153 )

NET CURRENT ASSETS (LIABILITIES)			(68,510 )		(62,425 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(50,977 )		(39,049 )

NET LIABILITIES			(50,977 )		(39,049 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(51,077 )		(39,149 )

SHAREHOLDERS' FUNDS			(50,977)		(39,049)

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Kudos Interiors Limited

Balance Sheet (continued)

As At 31 July 2025

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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr George Hardie McCandlish

Director

21st April 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Kudos Interiors Limited is a private company, limited by shares, incorporated in Scotland, registered number SC427740 . The registered office is 155 Grahams Road, Falkirk, FK2 7BQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	25% Reducing balance
Computer Equipment	25% Reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 August 2024	484	67,340	13,818	2,167	83,809

As at 31 July 2025	484	67,340	13,818	2,167	83,809

...CONTINUED

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Kudos Interiors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

Depreciation
As at 1 August 2024	484	44,726	13,056	2,167	60,433
Provided during the period	-	5,653	190	-	5,843

As at 31 July 2025	484	50,379	13,246	2,167	66,276

Net Book Value
As at 31 July 2025	-	16,961	572	-	17,533

As at 1 August 2024	-	22,614	762	-	23,376

5. Stocks

	2025	2024
	£	£
Stock	-	10,000

6. Debtors

	2025	2024
	£	£
Due within one year
VAT	74	94

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	45	45
Other creditors	37,193	37,193
Other creditors (1)	3,988	11,850
Accruals and deferred income	901	900
Directors' loan accounts	26,569	23,165

	68,696	73,153

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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