Company Registration No. 11994386 (England and Wales)
K 2 Foods Ltd
Unaudited accounts
for the year ended 31 May 2025
K 2 Foods Ltd
Unaudited accounts
Contents
K 2 Foods Ltd
Company Information
for the year ended 31 May 2025
Company Number
11994386 (England and Wales)
Registered Office
Old School Hot Lane
Hot Lane Industrial Estate
Stoke-On-Trent
Staffordshire
ST6 2BN
Accountants
Linktax Limited
11A Snow Hill
Stoke-on-Trent
Staffordshire
ST1 4LU
K 2 Foods Ltd
Statement of financial position
as at 31 May 2025
Tangible assets
16,066
15,221
Cash at bank and in hand
6,772
35,028
Creditors: amounts falling due within one year
(170,085)
(185,121)
Net current assets/(liabilities)
1,419
(12,416)
Called up share capital
1
1
Profit and loss account
17,484
2,804
Shareholders' funds
17,485
2,805
For the year ending 31 May 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 24 April 2026 and were signed on its behalf by
Kamran Arif
Director
Company Registration No. 11994386
K 2 Foods Ltd
Notes to the Accounts
for the year ended 31 May 2025
K 2 Foods Ltd is a private company, limited by shares, registered in England and Wales, registration number 11994386. The registered office is Old School Hot Lane, Hot Lane Industrial Estate, Stoke-On-Trent, Staffordshire, ST6 2BN.
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.
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.
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
20% reducing balance method
Motor vehicles
20% reducing balance method
Computer equipment
20% reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
K 2 Foods Ltd
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
5,230
26,137
5,816
37,183
Additions
4,270
367
225
4,862
At 31 May 2025
9,500
26,504
6,041
42,045
At 1 June 2024
2,730
16,198
3,034
21,962
Charge for the year
1,354
2,061
602
4,017
At 31 May 2025
4,084
18,259
3,636
25,979
At 31 May 2025
5,416
8,245
2,405
16,066
At 31 May 2024
2,500
9,939
2,782
15,221
Amounts falling due within one year
Trade debtors
156,732
120,777
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
144,837
175,324
Taxes and social security
13,439
6,568
7
Average number of employees
During the year the average number of employees was 10 (2024: 17).