K&G (Yorkshire) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06786336

K&G (Yorkshire) Limited

Filleted Unaudited Financial Statements

31 January 2026

K&G (Yorkshire) Limited

Statement of Financial Position

31 January 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Intangible assets	6	–	162
Tangible assets	7	889,751	34,519
		---------	--------
		889,751	34,681

Current assets

Stocks		152,599	–
Debtors	8	1,028,546	329,526
Cash at bank and in hand		29,274	3,756
		------------	---------
		1,210,419	333,282

Creditors: amounts falling due within one year	9	974,574		207,329
		------------		---------
Net current assets			235,845		125,953
			------------		---------
Total assets less current liabilities			1,125,596		160,634

Creditors: amounts falling due after more than one year	10	866,654	89,786
		------------	---------
Net assets		258,942	70,848
		------------	---------

Capital and reserves

Called up share capital	11	105	102
Profit and loss account		258,837	70,746
		---------	--------
Shareholders funds		258,942	70,848
		---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

K&G (Yorkshire) Limited

Statement of Financial Position (continued)

31 January 2026

These financial statements were approved by the board of directors and authorised for issue on 15 May 2026 , and are signed on behalf of the board by:

Mr D J Waterson
Director

Company registration number: 06786336

K&G (Yorkshire) Limited

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit C, Williamson Street, Hull, HU9 1EP, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	over useful life

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% reducing balance
Fixtures and fittings	-	33% straight line
Motor vehicles	-	25% reducing balance
Equipment	-	33% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2025: 6 ).

5. Tax on profit

Major components of tax (income)/expense

	2026	2025
	£	£

Current tax:

UK current tax (income)/expense	( 49,565)	49,565
	--------	--------
Tax on profit	( 49,565)	49,565
	--------	--------

6. Intangible assets

	Goodwill
	£
Cost
At 1 February 2025 and 31 January 2026	9,670
	-------
Amortisation
At 1 February 2025	9,508
Charge for the year	162
	-------
At 31 January 2026	9,670
	-------
Carrying amount
At 31 January 2026	–
	-------
At 31 January 2025	162
	-------

7. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 February 2025	61,937	2,681	19,990	7,936	92,544
Additions	887,107	–	22,045	9,396	918,548
	---------	-------	--------	--------	------------
At 31 January 2026	949,044	2,681	42,035	17,332	1,011,092
	---------	-------	--------	--------	------------
Depreciation
At 1 February 2025	38,479	1,532	10,382	7,632	58,025
Charge for the year	51,113	885	7,913	3,405	63,316
	---------	-------	--------	--------	------------
At 31 January 2026	89,592	2,417	18,295	11,037	121,341
	---------	-------	--------	--------	------------
Carrying amount
At 31 January 2026	859,452	264	23,740	6,295	889,751
	---------	-------	--------	--------	------------
At 31 January 2025	23,458	1,149	9,608	304	34,519
	---------	-------	--------	--------	------------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Plant and machinery	Motor vehicles	Total
	£	£	£
At 31 January 2026	767,000	8,843	775,843
	---------	-------	---------
At 31 January 2025	–	–	–
	---------	-------	---------

8. Debtors

	2026	2025
	£	£
Trade debtors	552,519	131,295
Amounts owed by group undertakings	267,964	166,124
Prepayments and accrued income	4,404	1,522
Corporation tax repayable	16,416	–
Other debtors	187,243	30,585
	------------	---------
	1,028,546	329,526
	------------	---------

9. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	375,316	114,218
Trade creditors	84,781	–
Accruals and deferred income	2,467	2,500
Corporation tax	–	64,102
Social security and other taxes	54,762	15,969
Obligations under finance leases and hire purchase contracts	219,018	–
Director loan accounts	205,135	–
Other creditors	33,095	10,540
	---------	---------
	974,574	207,329
	---------	---------

10. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	218,131	89,786
Obligations under finance leases and hire purchase contracts	648,523	–
	---------	--------
	866,654	89,786
	---------	--------

11. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
Ordinary A shares of £ 1 each	1	1	1	1
Ordinary B shares of £ 1 each	1	1	1	1
Ordinary C shares of £ 1 each	1	1	–	–
Ordinary D shares of £ 1 each	1	1	–	–
Ordinary E shares of £1 each	1	1	–	–
	----	----	----	----
	105	105	102	102
	----	----	----	----

12. Director's advances, credits and guarantees

During the year there were no director's advances, credits and guarantees.