Company No: 14135205 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	02.11.2025		02.11.2024
		£		£
Fixed assets
Tangible assets	3	9,778		12,537
		9,778		12,537
Current assets
Debtors	4	48,604		0
Cash at bank and in hand		44,760		31,994
		93,364		31,994
Creditors: amounts falling due within one year	5	( 58,035)		( 34,644)
Net current assets/(liabilities)		35,329		(2,650)
Total assets less current liabilities		45,107		9,887
Net assets		45,107		9,887
Capital and reserves
Called-up share capital	6	1		1
Profit and loss account		45,106		9,886
Total shareholder's funds		45,107		9,887

For the financial year ending 02 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of KSI Catering Limited (registered number: 14135205) were approved and authorised for issue by the Director on 21 May 2026. They were signed on its behalf by:

K S Innes Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

KSI Catering Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Trelawny, Marine Drive, Widemouth Bay, Bude Marine Drive, Widemouth Bay, Bude, EX23 0AH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from services are recognised when the service is provided to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Computer equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

	Year ended 02.11.2025		Period from 01.06.2023 to 02.11.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		5

3. Tangible assets

	Plant and machinery		Vehicles		Computer equipment		Total
	£		£		£		£
Cost
At 03 November 2024	16,224		0		1,535		17,759
Additions	580		8,500		0		9,080
Disposals	( 16,224)		0		0		( 16,224)
At 02 November 2025	580		8,500		1,535		10,615
Accumulated depreciation
At 03 November 2024	5,070		0		152		5,222
Charge for the financial year	24		354		307		685
Disposals	( 5,070)		0		0		( 5,070)
At 02 November 2025	24		354		459		837
Net book value
At 02 November 2025	556		8,146		1,076		9,778
At 02 November 2024	11,154		0		1,383		12,537

4. Debtors

	02.11.2025		02.11.2024
	£		£
Trade debtors	48,000		0
Other debtors	604		0
	48,604		0

5. Creditors: amounts falling due within one year

	02.11.2025		02.11.2024
	£		£
Taxation and social security	32,201		13,171
Other creditors	25,834		21,473
	58,035		34,644

6. Called-up share capital

	02.11.2025		02.11.2024
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1