Company Registration No. 12477007 (England and Wales)
KJV Group Limited
Unaudited accounts
for the year ended 28 February 2026
KJV Group Limited
Unaudited accounts
Contents
KJV Group Limited
Company Information
for the year ended 28 February 2026
Director
MR GARY ALLAN MOWAT
Company Number
12477007 (England and Wales)
Registered Office
42 Upmill Close
Southampton
Hampshire
SO30 3HT
England
Accountants
Optics Accounting Ltd
Hampden House
Monument Business Park
Chalgrove
OX44 7RW
KJV Group Limited
Statement of financial position
as at 28 February 2026
Intangible assets
1,519
2,025
Tangible assets
6,199
8,215
Cash at bank and in hand
295
1,055
Creditors: amounts falling due within one year
(38,305)
(42,736)
Net current liabilities
(36,015)
(40,672)
Total assets less current liabilities
(28,297)
(30,432)
Creditors: amounts falling due after more than one year
(3,707)
(7,048)
Net liabilities
(32,004)
(37,480)
Called up share capital
1
1
Profit and loss account
(32,005)
(37,481)
Shareholders' funds
(32,004)
(37,480)
For the year ending 28 February 2026 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 7 May 2026 and were signed on its behalf by
MR GARY ALLAN MOWAT
Director
Company Registration No. 12477007
KJV Group Limited
Notes to the Accounts
for the year ended 28 February 2026
KJV Group Limited is a private company, limited by shares, registered in England and Wales, registration number 12477007. The registered office is 42 Upmill Close, Southampton, Hampshire, SO30 3HT, 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 financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the companies Act 2006.
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax. 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.
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
20% reducing balance
Computer equipment
20% reducing balance
KJV Group Limited
Notes to the Accounts
for the year ended 28 February 2026
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current 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 timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
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 tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
KJV Group Limited
Notes to the Accounts
for the year ended 28 February 2026
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2025
1,236
16,194
306
1,679
19,415
At 28 February 2026
1,236
16,194
306
1,679
19,415
At 1 March 2025
787
9,173
183
1,057
11,200
Charge for the year
112
1,755
25
124
2,016
At 28 February 2026
899
10,928
208
1,181
13,216
At 28 February 2026
337
5,266
98
498
6,199
At 28 February 2025
449
7,021
123
622
8,215
Amounts falling due within one year
Accrued income and prepayments
-
499
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
12,246
12,515
Obligations under finance leases and hire purchase contracts
1,210
3,809
Taxes and social security
412
819
Other creditors
14,000
14,000
Loans from directors
10,437
9,445
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
-
955
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).