Kaspas Fareham Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12316415

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		82,786		62,530

			82,786		62,530
CURRENT ASSETS
Stocks	6	29,130		35,970
Debtors	7	289,468		218,247
Cash at bank and in hand		2,526		9,241

		321,124		263,458
Creditors: Amounts Falling Due Within One Year	8	(222,273 )		(183,773 )

NET CURRENT ASSETS (LIABILITIES)			98,851		79,685

TOTAL ASSETS LESS CURRENT LIABILITIES			181,637		142,215

Creditors: Amounts Falling Due After More Than One Year	9		(84,514 )		(73,762 )

NET ASSETS			97,123		68,453

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			97,023		68,353

SHAREHOLDERS' FUNDS			97,123		68,453

Page 1

Page 2

Kaspas Fareham Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 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.

On behalf of the board

Mr Rajeev Sharma

Director

30 April 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Kaspas Fareham Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12316415 . The registered office is Suite37/38 Marshall House, , 124 Middleton Road, Morden, Surrey, SM4 6RW.

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. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. 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	Depreciation @ 25% reducing balance
Computer Equipment	Depreciation @ 33.33% Straight Line

2.5. 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.

3. Average Number of Employees

20Average number of employees, including directors, during the year was: 12 (2024: 12)

Page 3

Page 4

Kaspas Fareham Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 October 2024	3,500

As at 30 September 2025	3,500

Amortisation
As at 1 October 2024	3,500

As at 30 September 2025	3,500

Net Book Value
As at 30 September 2025	-

As at 1 October 2024	-

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 October 2024	108,941	2,732	111,673
Additions	35,733	1,011	36,744

As at 30 September 2025	144,674	3,743	148,417

Depreciation
As at 1 October 2024	46,411	2,732	49,143
Provided during the period	16,377	111	16,488

As at 30 September 2025	62,788	2,843	65,631

Net Book Value
As at 30 September 2025	81,886	900	82,786

As at 1 October 2024	62,530	-	62,530

6. Stocks

	2025	2024
	£	£
Stock	29,130	35,970

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	493	1,142
Other debtors	288,975	217,105

	289,468	218,247

Page 4

Page 5

Kaspas Fareham Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	95,778	110,915
Other creditors	65,109	31,172
Taxation and social security	61,386	41,686

	222,273	183,773

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	84,514	73,762

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Related Party Transactions

Mr Rajeev Sharma is director of the company. At the end of the year amount owed by the director to the company is £23,459.90 (2024: £30,693.50).

During the year, the company has declared dividend of £10,000.00 (2024:5,000.00).

Page 5