REGISTERED NUMBER: 04778048 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

KM Industrial Products Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs L J Stafford-Pelham

SECRETARY:

Mrs N J Bodmer-Tripp

REGISTERED OFFICE:

23 Mackintosh Road

Rackheath Industrial Estate

Norwich

Norfolk

NR13 6LJ

REGISTERED NUMBER:

04778048 (England and Wales)

ACCOUNTANTS:

Shaw & Co

Chartered Certified Accountants

3 Colegate

Norwich

Norfolk

NR3 1BN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

650,511

685,073

650,511

685,073

CURRENT ASSETS

Stocks

67,230

111,795

Debtors

6

202,570

164,893

Cash at bank

24,228

12,407

294,028

289,095

CREDITORS

Amounts falling due within one year

7

318,066

274,141

NET CURRENT (LIABILITIES)/ASSETS

(24,038

)

14,954

TOTAL ASSETS LESS CURRENT LIABILITIES

626,473

700,027

CREDITORS

Amounts falling due after more than one year

8

(85,936

)

(163,781

)

PROVISIONS FOR LIABILITIES

(155,808

)

(162,542

)

NET ASSETS

384,729

373,704

CAPITAL AND RESERVES

Called up share capital

15

15

Revaluation reserve

9

44,234

44,234

Retained earnings

340,480

329,455

384,729

373,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 August 2026 and were signed by:

Mrs L J Stafford-Pelham - Director

1.	STATUTORY INFORMATION

KM Industrial Products Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment - 5% reducing balance

Fixtures and fittings - 25% reducing balance

Computer equipment - 25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

3,715

AMORTISATION

At 1 December 2024

and 30 November 2025

3,715

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

1,292,592

Additions

1,356

At 30 November 2025

1,293,948

DEPRECIATION

At 1 December 2024

607,519

Charge for year

35,918

At 30 November 2025

643,437

NET BOOK VALUE

At 30 November 2025

650,511

At 30 November 2024

685,073

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

198,503

156,638

Other debtors

4,067

8,255

202,570

164,893

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

15,967

36,511

Hire purchase contracts

67,680

67,680

Trade creditors

116,463

70,996

Taxation and social security

58,892

26,452

Other creditors

59,064

72,502

318,066

274,141

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

85,936

163,781

9.

RESERVES

Revaluation

reserve

£

At 1 December 2024

and 30 November 2025

44,234

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director Mrs L J Stafford-Pelham by virtue of her majority shareholding.