| M.KAWA & CO LIMITED |
| Registered number: |
SC736526 |
| Balance Sheet |
| as at 31 August 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
10,000 |
|
|
10,000 |
| Tangible assets |
4 |
|
|
13,235 |
|
|
9,720 |
|
|
|
|
23,235 |
|
|
19,720 |
|
| Current assets |
| Stocks |
|
|
19,220 |
|
|
18,640 |
| Debtors |
5 |
|
147 |
|
|
1 |
| Cash at bank and in hand |
|
|
1,339 |
|
|
1,186 |
|
|
|
20,706 |
|
|
19,827 |
|
| Creditors: amounts falling due within one year |
6 |
|
(40,626) |
|
|
(36,774) |
|
| Net current liabilities |
|
|
|
(19,920) |
|
|
(16,947) |
|
| Total assets less current liabilities |
|
|
|
3,315 |
|
|
2,773 |
|
|
|
|
| Net assets |
|
|
|
3,315 |
|
|
2,773 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
- |
|
|
- |
| Share premium |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
3,215 |
|
|
2,673 |
|
| Shareholder's funds |
|
|
|
3,315 |
|
|
2,773 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| MANISHA HARSHAD KAWA |
| Director |
| Approved by the board on 12 March 2026 |
|
| M.KAWA & CO LIMITED |
| Notes to the Accounts |
| for the year ended 31 August 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at 10% reducing balance. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 September 2024 |
10,000 |
|
Additions |
- |
|
Disposals |
- |
|
At 31 August 2025 |
10,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 September 2024 |
- |
|
Provided during the year |
- |
|
On disposals |
- |
|
At 31 August 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2025 |
10,000 |
|
At 31 August 2024 |
10,000 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
Fixtures & Fitting |
|
Equipment |
|
|
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 September 2024 |
12,000 |
|
- |
|
|
|
12,000 |
|
Additions |
3,282 |
|
1,276 |
|
|
|
4,558 |
|
Surplus on revaluation |
- |
|
- |
|
|
|
- |
|
Disposals |
- |
|
- |
|
|
|
- |
|
At 31 August 2025 |
15,282 |
|
1,276 |
|
|
|
16,558 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2024 |
2,280 |
|
- |
|
|
|
2,280 |
|
Charge for the year |
916 |
|
127 |
|
|
|
1,043 |
|
Surplus on revaluation |
- |
|
- |
|
|
|
- |
|
On disposals |
- |
|
- |
|
|
|
- |
|
At 31 August 2025 |
3,196 |
|
127 |
|
|
|
3,323 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2025 |
12,086 |
|
1,149 |
|
|
|
13,235 |
|
At 31 August 2024 |
9,720 |
|
- |
|
|
|
9,720 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
147 |
|
1 |
|
|
|
|
|
|
147 |
|
1 |
|
|
|
|
|
|
|
|
|
|
Amounts due after more than one year included above |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
15,284 |
|
5,238 |
|
Accruals |
|
- |
|
1,504 |
|
Taxation and social security costs |
397 |
|
2,692 |
|
Other creditors |
24,945 |
|
27,340 |
|
|
|
|
|
|
40,626 |
|
36,774 |
|
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
M.KAWA & CO LIMITED is a private company limited by shares and incorporated in Scotland. Its registered office is: |
|
162 DARNLEY STREETY |
|
|
GLASGOW |
|
|
G41 2LL |