K. P. Retail Limited - Filleted accounts

Registered number

04916862

K. P. Retail Limited

Filleted Accounts

31 March 2026

K. P. Retail Limited
Registered number:		04916862
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		285,372			315,293

Current assets
Debtors	4	75,000			-
Cash at bank and in hand		10,585			15,953
		85,585			15,953

Creditors: amounts falling due within one year	5	(56,308)			(61,059)

Net current assets/(liabilities)			29,277			(45,106)

Total assets less current liabilities			314,649			270,187

Creditors: amounts falling due after more than one year	6		-			(2,993)

Net assets			314,649			267,194

Capital and reserves
Called up share capital			15,082			15,082
Profit and loss account			299,567			252,112

Shareholders' funds			314,649			267,194

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Kaushik Shah
Director
Approved by the board on 26 October 2026

K. P. Retail Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rent received and from the rendering of the services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Improvements	-
	Plant and machinery	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Improvements		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2025	285,372		181,069		466,441
	Disposals	-		(181,069)		(181,069)
	At 31 March 2026	285,372		-		285,372

	Depreciation
	At 1 April 2025	-		151,148		151,148
	On disposals	-		(151,148)		(151,148)
	At 31 March 2026	-		-		-

	Net book value
	At 31 March 2026	285,372		-		285,372
	At 31 March 2025	285,372		29,921		315,293


4	Debtors			2026		2025
£					£

	Director`s account			75,000		-


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			-		6,357
	Trade creditors			1,000		1,000
	Taxation and social security costs			557		1,589
	Other creditors			54,751		52,113
				56,308		61,059


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			-		2,993


7	Related party transactions

	Included in other creditors is the amount of £ 52,484 (2025: £49,834) due to KP International consultants Ltd, a related party by virtue of common directorship and in which the director holds a material interest.There are no terms as to interest or repayment in respect of this amount.


8	Other information

	K. P. Retail Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 1,
	259-261 Northalt Road
	South Harrow
	Middlesex
	HA2 8HS