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Registered number: 12036773
K Stars International Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 June 2025
Ip's Associates Limited
23 Argyle Street
Liverpool
L1 5BL
Contents
Page
Accountants' Report 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—5
Page 1
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of K Stars International Limited for the year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of K Stars International Limited for the year ended 30 June 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of K Stars International Limited , as a body, in accordance with the terms of our engagement letter dated 14 June 2019. Our work has been undertaken solely to prepare for your approval the accounts of K Stars International Limited and state those matters that we have agreed to state to the director of K Stars International Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than K Stars International Limited and its director, as a body, for our work or for this report.
It is your duty to ensure that K Stars International Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of K Stars International Limited . You consider that K Stars International Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of K Stars International Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
22 June 2026
Ip's Associates Limited
23 Argyle Street
Liverpool
L1 5BL
Page 1
Page 2
Abridged Balance Sheet
Registered number: 12036773
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,852 24,082
18,852 24,082
CURRENT ASSETS
Stocks 247,518 210,000
Debtors 209,277 80,666
Cash at bank and in hand 31,281 9,687
488,076 300,353
Creditors: Amounts Falling Due Within One Year (633,768 ) (169,674 )
NET CURRENT ASSETS (LIABILITIES) (145,692 ) 130,679
TOTAL ASSETS LESS CURRENT LIABILITIES (126,840 ) 154,761
Creditors: Amounts Falling Due After More Than One Year (28,861 ) (93,704 )
NET (LIABILITIES)/ASSETS (155,701 ) 61,057
CAPITAL AND RESERVES
Called up share capital 5 1 1
Profit and Loss Account (155,702 ) 61,056
SHAREHOLDERS' FUNDS (155,701) 61,057
Page 2
Page 3
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 June 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Chun Chung Wong
Director
22 June 2026
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. General Information
K Stars International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12036773 . The registered office is 2/8 St. Marys Gate, Manchester, M1 1PX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings - 20% reducing balance
Computer Equipment - 33% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2025 2024
Office and administration 1 1
Sales, marketing and distribution 23 16
24 17
4. Tangible Assets
Total
£
Cost
As at 1 July 2024 36,498
Additions 279
As at 30 June 2025 36,777
Depreciation
As at 1 July 2024 12,416
Provided during the period 5,509
As at 30 June 2025 17,925
Net Book Value
As at 30 June 2025 18,852
As at 1 July 2024 24,082
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5