Company Registration No. 07918364 (England and Wales)
KP Supermarket Limited
Unaudited accounts
for the year ended 31 January 2026
KP Supermarket Limited
Statement of financial position
as at 31 January 2026
Inventories
232,400
283,700
Cash at bank and in hand
43,231
70,556
Creditors: amounts falling due within one year
(179,246)
(267,354)
Net current assets
105,355
96,512
Total assets less current liabilities
105,357
96,514
Creditors: amounts falling due after more than one year
-
(6,667)
Called up share capital
100
100
Profit and loss account
105,257
89,747
Shareholders' funds
105,357
89,847
For the year ending 31 January 2026 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 7 July 2026 and were signed on its behalf by
Mr Akram Mohamad
Director
Company Registration No. 07918364
KP Supermarket Limited
Notes to the Accounts
for the year ended 31 January 2026
KP Supermarket Limited is a private company, limited by shares, registered in England and Wales, registration number 07918364. The registered office is 166 Melbourne Road, Leicester, LE2 0DT.
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.
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:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
KP Supermarket Limited
Notes to the Accounts
for the year ended 31 January 2026
4
Intangible fixed assets
Goodwill
At 1 February 2025
100,000
At 31 January 2026
100,000
At 1 February 2025
100,000
At 31 January 2026
100,000
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2025
3,842
6,970
10,812
Disposals
(3,842)
-
(3,842)
At 31 January 2026
-
6,970
6,970
At 1 February 2025
3,842
6,968
10,810
On disposals
(3,842)
-
(3,842)
At 31 January 2026
-
6,968
6,968
Amounts falling due within one year
Accrued income and prepayments
8,496
8,496
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
6,667
10,000
Taxes and social security
10,595
10,761
Other creditors
160,484
245,093
KP Supermarket Limited
Notes to the Accounts
for the year ended 31 January 2026
8
Creditors: amounts falling due after more than one year
2026
2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Operating lease commitments
2026
2025
At 31 January 2026 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
11,180
10,530
11
Average number of employees
During the year the average number of employees was 8 (2025: 9).