Company Registration No. 10831305 (England and Wales)
Kola Enterprises Ltd
Accounts
for the year ended 30 June 2025
Kola Enterprises Ltd
Accounts
Contents
Kola Enterprises Ltd
Company Information
for the year ended 30 June 2025
Directors
Nazirahmed Kola
Suleman Kola
Company Number
10831305 (England and Wales)
Registered Office
14 Mount Street
Batley
West Yorkshire
WF17 6BH
Accountants
CGI Accountants Ltd
Branch House
31-33 Branch Road
Batley
West Yorkshire
WF17 5SB
Kola Enterprises Ltd
Statement of financial position
as at 30 June 2025
Tangible assets
13,584
17,537
Cash at bank and in hand
45,747
45,268
Creditors: amounts falling due within one year
(95,743)
(93,817)
Net current assets
19,811
22,054
Total assets less current liabilities
33,395
39,591
Creditors: amounts falling due after more than one year
(2,620)
(10,930)
Called up share capital
100
100
Profit and loss account
30,675
28,561
Shareholders' funds
30,775
28,661
For the year ending 30 June 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 27 August 2026 and were signed on its behalf by
Nazirahmed Kola
Director
Company Registration No. 10831305
Kola Enterprises Ltd
Notes to the Accounts
for the year ended 30 June 2025
Kola Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 10831305. The registered office is 14 Mount Street, Batley, West Yorkshire, WF17 6BH.
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.
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
20% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
20% on reducing balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2024
21,458
35,300
56,758
At 30 June 2025
21,458
35,300
56,758
At 1 July 2024
12,831
26,390
39,221
Charge for the year
1,725
2,228
3,953
At 30 June 2025
14,556
28,618
43,174
At 30 June 2025
6,902
6,682
13,584
At 30 June 2024
8,627
8,910
17,537
Kola Enterprises Ltd
Notes to the Accounts
for the year ended 30 June 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
49,020
26,524
Obligations under finance leases and hire purchase contracts
1,212
5,805
Trade creditors
12,720
25,090
Taxes and social security
22,702
32,759
Other creditors
10,089
2,916
Loans from directors
-
723
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 9 (2024: 5).