REGISTERED NUMBER: 07769059

Unaudited Financial Statements for the Year Ended 31 December 2025

for

K2 Accountancy Grantham Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K C Ellington

REGISTERED OFFICE:

Alpha House

Kempton Way

Dysart Road

Grantham

Lincolnshire

NG31 7LE

REGISTERED NUMBER:

07769059

ACCOUNTANTS:

KD3 Accountancy Services Ltd

Apex House

7 Park Lane Business Centre

Basford

Nottingham

Nottinghamshire

NG6 0DW

FIXED ASSETS

Tangible assets

4

-

749

CURRENT ASSETS

Stocks

63,539

33,476

Debtors

5

84,804

77,542

Prepayments and accrued income

15,829

13,714

Cash at bank

83,507

28,402

247,679

153,134

CREDITORS

Amounts falling due within one year

6

34,973

3,538

NET CURRENT ASSETS

212,706

149,596

TOTAL ASSETS LESS CURRENT LIABILITIES

212,706

150,345

CAPITAL AND RESERVES

Called up share capital

1,600

1,600

Retained earnings

211,106

148,745

SHAREHOLDERS' FUNDS

212,706

150,345

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 16 September 2026 and were signed by:

K C Ellington - Director

1.	STATUTORY INFORMATION

K2 Accountancy Grantham Ltd is a private company, limited by shares , registered in Not specified/Other. 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

5,526

Disposals

(1,908

)

At 31 December 2025

3,618

DEPRECIATION

At 1 January 2025

4,777

Charge for year

491

Eliminated on disposal

(1,650

)

At 31 December 2025

3,618

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

749

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

45,044

41,046

Amounts owed by associates

24,000

-

Other debtors

4,760

1,496

73,804

42,542

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

24,000

Other debtors

11,000

11,000

11,000

35,000

Aggregate amounts

84,804

77,542

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

4,431

Taxation and social security

34,973

(1,170

)

Other creditors

-

277

34,973

3,538