KGB Commercial Heating Limited

KGB Commercial Heating Limited
Contents Page
For the year ended 31 July 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

KGB Commercial Heating Limited
Statement of Financial Position
As at 31 July 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	3,237	4,355
		3,237	4,355
Current assets
Debtors		15,393	11,496
Cash at bank and in hand		52,873	57,304
		68,266	68,800
Creditors: amount falling due within one year		(42,508)	(41,881)
Net current assets		25,758	26,919

Total assets less current liabilities		28,995	31,274
Net assets		28,995	31,274

Capital and reserves
Called up share capital		1	1
Profit and loss account		28,994	31,273
Shareholders' funds		28,995	31,274

For the year ended 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 23 October 2026 and were signed by:

-------------------------------
Kevin Bush
Director

1

KGB Commercial Heating Limited
Notes to the Abridged Financial Statements
For the year ended 31 July 2026

General Information

KGB Commercial Heating Limited is a private company, limited by shares, registered in , registration number 06657586, registration address 8 Twickenham Road, Union Park, Norwich, NR6 6NG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	10% Straight Line
Computer Equipment	20% Reducing Balance

2.	Average number of employees Average number of employees during the period was 2 (2025 : 2).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Computer Equipment	Total
	£	£	£
At 01 August 2025	10,600	364	10,964
Additions	-	-	-
Disposals	-	-	-
At 31 July 2026	10,600	364	10,964
Depreciation
At 01 August 2025	6,536	73	6,609
Charge for year	1,060	58	1,118
On disposals	-	-	-
At 31 July 2026	7,596	131	7,727
Net book values
Closing balance as at 31 July 2026	3,004	233	3,237
Opening balance as at 01 August 2025	4,064	291	4,355

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