Klassic Trade Frames (UK) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13630831 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

KLASSIC TRADE FRAMES (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S S Kalsi

K S Kalsi

REGISTERED OFFICE:

Kalsi House

5 Tomey Road

Birmingham

West Midlands

B11 2NJ

REGISTERED NUMBER:

13630831 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

1,078,153

533,593

CURRENT ASSETS

Stocks

865,616

886,785

Debtors

5

1,536,150

1,448,041

Cash at bank

1,036,362

950,200

3,438,128

3,285,026

CREDITORS

Amounts falling due within one year

6

2,697,857

2,479,166

NET CURRENT ASSETS

740,271

805,860

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,818,424

1,339,453

PROVISIONS FOR LIABILITIES

191,886

56,637

NET ASSETS

1,626,538

1,282,816

CAPITAL AND RESERVES

Called up share capital

7

240

Retained earnings

1,626,298

1,282,576

SHAREHOLDERS' FUNDS

1,626,538

1,282,816

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 directors acknowledge their 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 Board of Directors and authorised for issue on 19 August 2026 and were signed on its behalf by:

S S Kalsi - Director

1.	STATUTORY INFORMATION

Klassic Trade Frames (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 103 (2024 - 99 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2025

431,539

5,975

332,144

11,622

781,280

Additions

538,347

-

159,073

19,297

716,717

Disposals

-

(2,201

)

(36,532

)

-

(38,733

)

At 31 December 2025

969,886

3,774

454,685

30,919

1,459,264

DEPRECIATION

At 1 January 2025

105,161

1,740

129,849

10,937

247,687

Charge for year

47,690

468

109,522

4,615

162,295

Eliminated on disposal

-

(732

)

(28,139

)

-

(28,871

)

At 31 December 2025

152,851

1,476

211,232

15,552

381,111

NET BOOK VALUE

At 31 December 2025

817,035

2,298

243,453

15,367

1,078,153

At 31 December 2024

326,378

4,235

202,295

685

533,593

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

1,243,601

1,295,622

Other debtors

24,793

65,282

Tax

101,897

-

Prepayments

165,859

87,137

1,536,150

1,448,041

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

1,355,495

986,381

Amounts owed to group undertakings

698,800

700,000

Tax

-

169,445

Social security and other taxes

70,105

51,643

VAT

132,602

191,672

Other creditors

222,803

188,657

Directors' current accounts

1,882

-

Accrued expenses

216,170

191,368

2,697,857

2,479,166

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

240

Ordinary

£1

240

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Kalsi Window Holdings Limited which has common directors.