Registration number: 12855354

Kotwf Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Kotwf Ltd

Company Information

Directors

Mr Samuel Arthur Village Mr Edward Hewett

Registered office

Moorgreen Farm Far Lane Barlow Sheffield S18 7SE

Accountants

BJP Finance Ltd Chartered Accountants 34 Market Street Bradford-On-Avon Wiltshire BA15 1LL

Kotwf Ltd

(Registration number: 12855354)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	26,107	13,544
Current assets
Debtors	5	200	942
Cash at bank and in hand		2,883	2,629
		3,083	3,571
Creditors: Amounts falling due within one year	6	(31,434)	(21,120)
Net current liabilities		(28,351)	(17,549)
Total assets less current liabilities		(2,244)	(4,005)
Creditors: Amounts falling due after more than one year	6	(8,903)	-
Provisions for liabilities		(3,370)	(1,552)
Net liabilities		(14,517)	(5,557)
Capital and reserves
Called up share capital	7	100	100
Retained earnings		(14,617)	(5,657)
Shareholders' deficit		(14,517)	(5,557)

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 June 2026 and signed on its behalf by:
 

Kotwf Ltd

(Registration number: 12855354)
Balance Sheet as at 30 September 2025

......................................... Mr Samuel Arthur Village Director

Kotwf Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Moorgreen Farm
Far Lane
Barlow
Sheffield
S18 7SE
England

These financial statements were authorised for issue by the Board on 26 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Kotwf Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer Equipment	50% Straight line
Plant & Machinery	10% Straight line
Leasehold Improvements	10% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Kotwf Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 October 2024	7,077	1,564	9,392	18,033
Additions	6,894	7,946	1,658	16,498
At 30 September 2025	13,971	9,510	11,050	34,531
Depreciation
At 1 October 2024	1,703	637	2,149	4,489
Charge for the year	1,072	1,803	1,060	3,935
At 30 September 2025	2,775	2,440	3,209	8,424
Carrying amount
At 30 September 2025	11,196	7,070	7,841	26,107
At 30 September 2024	5,374	927	7,243	13,544

Included within the net book value of land and buildings above is £11,196 (2024 - £5,374) in respect of short leasehold land and buildings.
 

Kotwf Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

5

Debtors

Current	Note	2025 £	2024 £
Trade debtors		-	104
Amounts owed by related parties	9	-	300
Prepayments		-	338
Other debtors		200	200
		200	942

Kotwf Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	23,114	11,612
Trade creditors		1,697	2,308
Accruals and deferred income		1,889	1,727
Other creditors		4,734	5,473
		31,434	21,120

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	8,903	-

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Shares of £1 each	100	100	100	100

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	8,903	-

Current loans and borrowings

	2025 £	2024 £
Other borrowings	23,114	11,612

Kotwf Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

9	Related party transactions

Summary of transactions with entities with joint control or significant interest

At the Balance Sheet date, the Company had received loans of £15,226 (2024: £9,575) from Project KOTWF Ltd a Company that is under the common control of the Director Mr S Village. The loan is non-interest bearing and disclosed within current creditors on the balance sheet.

At the Balance Sheet date, the Company received loans from KOTWF Apparel Ltd of which the Director is a shareholder totalling £67 (2024: made loans of £300). The loan is non-interest bearing and disclosed within current creditors in the Balance Sheet.

In the financial year, the Company received a loan of £15,000 from a close relative of the Director Mr S Village. The loan has an interest rate of 1% and is being repaid over a 4 year period. At the balance sheet date, there was an outstanding balance of £12,509 (2024: £NIL).