K & D POLISHING LIMITED - Filleted accounts

Registered number

12457637

K & D POLISHING LIMITED

Filleted Accounts

31 March 2026

K & D POLISHING LIMITED
Registered number:		12457637
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		16,124			21,976

Current assets
Stocks		8,320			3,880
Debtors	4	1,741			101,298
Cash at bank and in hand		109,330			39,552
		119,391			144,730

Creditors: amounts falling due within one year	5	(31,298)			(58,822)

Net current assets			88,093			85,908

Total assets less current liabilities			104,217			107,884

Creditors: amounts falling due after more than one year	6		(20,833)			(25,833)



Net assets			83,384			82,051

Capital and reserves
Called up share capital			100			100
Profit and loss account			83,284			81,951

Shareholders' funds			83,384			82,051

The directors are 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 directors acknowledge their 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.




Irma Daraselia
Director
Approved by the board on 24 October 2026

K & D POLISHING LIMITED
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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:

	Plant and machinery			over 5 years

	Debtors
	Short term debtors are measured at transaction 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.

	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.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 April 2025			6,830		41,706		48,536
	Additions			-		2,194		2,194
	At 31 March 2026			6,830		43,900		50,730

	Depreciation
	At 1 April 2025			2,732		23,828		26,560
	Charge for the year			1,366		6,680		8,046
	At 31 March 2026			4,098		30,508		34,606

	Net book value
	At 31 March 2026			2,732		13,392		16,124
	At 31 March 2025			4,098		17,878		21,976


4	Debtors					2026		2025
£							£

	Trade debtors					-		93,729
	Other debtors					1,741		7,569
						1,741		101,298


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

	Bank loans and overdrafts					5,000		5,000
	Trade creditors					4,129		4,493
	Taxation and social security costs					20,758		32,103
	Other creditors					1,411		17,226
						31,298		58,822


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

	Bank loans (secured)					20,833		25,833


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Irma Daraselia
	Loan 1	6,000		(6,000)		-		-

		6,000		(6,000)		-		-

	The Director's loan was repaid in September 2025.


8	Controlling party

	The company was under the ultimate control of its director by virtue of her ownership, togetherwith associates, of the company’s entire issued share capital.


9	Other information

	K & D POLISHING LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	9 Thornbury Way
	London
	E17 5FS