REGISTERED NUMBER: 10195660 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

KG Inc Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Gulati

REGISTERED OFFICE:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

REGISTERED NUMBER:

10195660 (England and Wales)

Fixed assets

Tangible assets

4

23,334

815

Investments

5

1,297,457

1,680,439

Investment property

6

1,080,000

1,080,000

2,400,791

2,761,254

Current assets

Debtors

7

3,884,496

1,260,776

Cash at bank

267,495

309,906

4,151,991

1,570,682

Creditors

Amounts falling due within one year

8

5,222,121

2,735,749

Net current liabilities

(1,070,130

)

(1,165,067

)

Total assets less current liabilities

1,330,661

1,596,187

Creditors

Amounts falling due after more than one year

9

1,107,137

1,371,868

Net assets

223,524

224,319

Capital and reserves

Called up share capital

1,000

1,000

Revaluation reserve

10

232,163

232,163

Retained earnings

(9,639

)

(8,844

)

Shareholders' funds

223,524

224,319

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 May 2026 and were signed by:

K Gulati - Director

1.	Statutory information

KG Inc Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Accounting policies

Basis of preparing the financial statements

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

Preparation of consolidated financial statements

The financial statements contain information about KG Inc Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 June 2024

2,831

Additions

28,353

At 31 May 2025

31,184

Depreciation

At 1 June 2024

2,016

Charge for year

5,834

At 31 May 2025

7,850

Net book value

At 31 May 2025

23,334

At 31 May 2024

815

5.	Fixed asset investments

Other

investments

£

Cost

At 1 June 2024

1,680,439

Additions

7,308

Disposals

(390,290

)

At 31 May 2025

1,297,457

Net book value

At 31 May 2025

1,297,457

At 31 May 2024

1,680,439

6.	Investment property

Total

£

Fair value

At 1 June 2024

and 31 May 2025

1,080,000

Net book value

At 31 May 2025

1,080,000

At 31 May 2024

1,080,000

7.

Debtors: amounts falling due within one year

31.5.25

31.5.24

£

£

Trade debtors

668

2,686

Amounts owed by group undertakings

3,591,418

974,990

Other debtors

292,410

283,100

3,884,496

1,260,776

8.

Creditors: amounts falling due within one year

31.5.25

31.5.24

£

£

Bank loans and overdrafts

47,365

24,011

Trade creditors

52,820

16,624

Taxation and social security

14,378

9,708

Other creditors

5,107,558

2,685,406

5,222,121

2,735,749

9.

Creditors: amounts falling due after more than one year

31.5.25

31.5.24

£

£

Bank loans

1,107,137

1,371,868

10.

Reserves

Revaluation

reserve

£

At 1 June 2024

and 31 May 2025

232,163

11.	Ultimate controlling party

The ultimate controlling party is the Director.