Company Registration No. 11506242 (England and Wales)
KBS INTERNATIONAL COMMERCE LTD
Unaudited accounts
for the year ended 31 August 2025
KBS INTERNATIONAL COMMERCE LTD
Unaudited accounts
Contents
KBS INTERNATIONAL COMMERCE LTD
Company Information
for the year ended 31 August 2025
Company Number
11506242 (England and Wales)
Registered Office
Suite Ra01 195-197 Wood Street
London
E17 3NU
United Kingdom
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
KBS INTERNATIONAL COMMERCE LTD
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
1,461
4,053
Creditors: amounts falling due within one year
5,524
6,336
Net current assets
10,585
13,989
Total assets less current liabilities
10,585
13,994
Creditors: amounts falling due after more than one year
(19,144)
(23,761)
Net liabilities
(8,559)
(9,767)
Called up share capital
1
1
Profit and loss account
(8,560)
(9,768)
Shareholders' funds
(8,559)
(9,767)
For the year ending 31 August 2025 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 20 May 2026 and were signed on its behalf by
Khalid Mansour
Director
Company Registration No. 11506242
KBS INTERNATIONAL COMMERCE LTD
Notes to the Accounts
for the year ended 31 August 2025
KBS INTERNATIONAL COMMERCE LTD is a private company, limited by shares, registered in England and Wales, registration number 11506242. The registered office is Suite Ra01 195-197 Wood Street, London, E17 3NU, United Kingdom.
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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight line basis
4
Tangible fixed assets
Computer equipment
KBS INTERNATIONAL COMMERCE LTD
Notes to the Accounts
for the year ended 31 August 2025
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
(5,883)
(6,695)
6
Creditors: amounts falling due after more than one year
2025
2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director loan
6,695
5,883
6,695
5,883
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).