KVT Limited

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

Registered number: 08703678

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		1,151		2,142
Investments	6		400		1,802

			1,551		3,944
CURRENT ASSETS
Stocks	7	367,317		193,769
Debtors	8	7,498		66,269
Cash at bank and in hand		348,705		310,060

		723,520		570,098
Creditors: Amounts Falling Due Within One Year	9	(520,514 )		(347,106 )

NET CURRENT ASSETS (LIABILITIES)			203,006		222,992

TOTAL ASSETS LESS CURRENT LIABILITIES			204,557		226,936

NET ASSETS			204,557		226,936

CAPITAL AND RESERVES
Called up share capital	10		1,000		1,000
Profit and Loss Account			203,557		225,936

SHAREHOLDERS' FUNDS			204,557		226,936

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KVT Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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 directors acknowledge their 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 Richard Hoskins

Director

28/07/2026

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

1. General Information

KVT Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08703678 . The registered office is 13 Hurlingham Studios, Ranelagh Gardens, London, SW6 3PA.

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.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of four 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:

Computer Equipment

25% 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.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	3	4

	3	4

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KVT Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 November 2024	80,000

As at 31 October 2025	80,000

Amortisation
As at 1 November 2024	80,000

As at 31 October 2025	80,000

Net Book Value
As at 31 October 2025	-

As at 1 November 2024	-

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 November 2024	8,063

As at 31 October 2025	8,063

Depreciation
As at 1 November 2024	5,921
Provided during the period	991

As at 31 October 2025	6,912

Net Book Value
As at 31 October 2025	1,151

As at 1 November 2024	2,142

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 November 2024	1,802
Additions	12,452
Disposals	(1,802 )

As at 31 October 2025	12,452

Provision
As at 1 November 2024	-
Impairment losses	12,052

As at 31 October 2025	12,052

...CONTINUED

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KVT Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

Net Book Value
As at 31 October 2025	400

As at 1 November 2024	1,802

7. Stocks

	2025	2024
	£	£
Stock of horses	367,317	193,769

8. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	7,498	33,558
VAT	-	32,711

	7,498	66,269

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	201,007	137,577
Corporation tax	40,927	40,377
VAT	30,248	-
Other creditors	5,065	1,044
Amounts owed by KVT to partnerships	86,970	39,819
Accruals and deferred income	31,297	28,289
Directors' loan accounts	125,000	100,000

	520,514	347,106

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

11. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	125,000	100,000

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