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Company Registration No. 7658243 (England and Wales)
KoveDesign Limited Unaudited accounts for the year ended 30 November 2025
KoveDesign Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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KoveDesign Limited Company Information for the year ended 30 November 2025
Directors
John Begley Lisa Draycott
Company Number
7658243 (England and Wales)
Registered Office
8 Byron Road Twyford Reading RG10 0AE
Accountants
Susan Appleton Accountancy Ltd 2 Carters Way Wisborough Green Billingshurst West Sussex RH14 0BY
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KoveDesign Limited Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
379
1,515
Current assets
Inventories
2,415
69
Debtors
5
38,576
67,611
Cash at bank and in hand
103,206
148,461
144,197
216,141
Creditors: amounts falling due within one year
6
(69,663)
(75,432)
Net current assets
74,534
140,709
Total assets less current liabilities
74,913
142,224
Creditors: amounts falling due after more than one year
7
-
(8,794)
Provisions for liabilities
Deferred tax
-
(287)
Net assets
74,913
133,143
Capital and reserves
Called up share capital
50
50
Capital redemption reserve
50
50
Profit and loss account
74,813
133,043
Shareholders' funds
74,913
133,143
For the year ending 30 November 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 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 of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by
John Begley Director Company Registration No. 7658243
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KoveDesign Limited Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
KoveDesign Limited is a private company, limited by shares, registered in England and Wales, registration number 7658243. The registered office is 8 Byron Road, Twyford, Reading, RG10 0AE.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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% of cost
Motor vehicles
25% of cost
Fixtures & fittings
20% of cost
Computer equipment
33% of cost
Deferred taxation
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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KoveDesign Limited Notes to the Accounts for the year ended 30 November 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 December 2024
22,317
8,858
3,518
34,693
At 30 November 2025
22,317
8,858
3,518
34,693
Depreciation
At 1 December 2024
21,856
8,468
2,854
33,178
Charge for the year
461
390
285
1,136
At 30 November 2025
22,317
8,858
3,139
34,314
Net book value
At 30 November 2025
-
-
379
379
At 30 November 2024
461
390
664
1,515
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
36,535
55,232
Accrued income and prepayments
2,041
12,379
38,576
67,611
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
8,794
10,311
VAT
5,153
12,131
Trade creditors
14,898
5,420
Taxes and social security
(2,891)
5,245
Other creditors
2,755
7,625
Loans from directors
40,954
34,700
69,663
75,432
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
8,794
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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