ACCOUNTS - Final Accounts preparation

Registered number: 15896362

KWIK MIX UK LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

KWIK MIX UK LTD

REGISTERED NUMBER: 15896362

BALANCE SHEET

AS AT 31 AUGUST 2025

		2025
Note		£

Fixed assets
Tangible assets	4		28,887
Current assets
Stocks		5,000
Debtors: amounts falling due within one year	5	10,292
Cash at bank and in hand		15,218
		30,510
Creditors: amounts falling due within one year	6	(91,050)
Net current (liabilities)/assets			(60,540)
Total assets less current liabilities			(31,653)

Net (liabilities)/assets			(31,653)

Capital and reserves
Called up share capital			1
Profit and loss account			(31,654)
			(31,653)

Page 1

KWIK MIX UK LTD

REGISTERED NUMBER: 15896362

BALANCE SHEET (CONTINUED)

AS AT 31 AUGUST 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 April 2026.

R R Andrew

Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

KWIK MIX UK LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

1.	General information

Kwik Mix UK Limited is a private company, limited by shares, incorporated in England & Wales (registered number: 15896362). The registered office is Anchor Garage, Tideswell, Buxton, SK17 8RB. The Company incorporated on 14th August 2024 and started trading from 21st August 2024. The principal activity of the Company from this date was the manufacture of ready-mixed concrete.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

2.2

Going concern

The Company has net current liabilities at 31 August 2025 of £31,653. However, the financial statements have been prepared on a going concern basis as, in the opinion of the directors, the Compay's forcasted cashflows will enable it to trade and pay its debts as they fall due.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Page 3

KWIK MIX UK LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the following method.

Depreciation is provided on the following basis:

Plant and machinery	-	25%	straight line
Office equipment	-	25%	straight line
Computer equipment	-	33%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4

KWIK MIX UK LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.7

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Employees

The average monthly number of employees, including directors, during the period was 1.

Page 5

KWIK MIX UK LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

4.	Tangible fixed assets

	Plant and machinery	Office equipment	Computer equipment	Total
	£	£	£	£
Cost
Additions	62,923	6,366	1,162	70,451
Disposals	(26,000)	(6,000)	-	(32,000)
At 31 August 2025	36,923	366	1,162	38,451
Depreciation
Charge for the period on owned assets	2,914	1,580	352	4,846
Charge for the period on financed assets	8,926	-	-	8,926
Disposals	(2,708)	(1,500)	-	(4,208)
At 31 August 2025	9,132	80	352	9,564
Net book value
At 31 August 2025	27,791	286	810	28,887

	The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
					2025
					£


	Plant and machinery	26,777

Debtors

					2025
					£


	Trade debtors	5,054
	Amounts owed by group undertakings	3,767
	Other debtors	1,152
	Prepayments and accrued income	319
		10,292

Page 6

KWIK MIX UK LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

6.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	28,952
	Amounts owed to related parties	44,527
	Obligations under finance lease and hire purchase contracts	13,905
	Other creditors	1,168
	Accruals and deferred income	2,498
		91,050

7.	Controlling party

The immediate parent undertaking is Andrews (Group) Tideswell Limited, a company registered in England & Wales. The ultimate controlling party is R R Andrew by virture of their shareholdings into the immediate parent undertaking.

Page 7