Company Registration No. 14784830 (England and Wales)
Kathmandu Raw Gold Wholesale Limited
Unaudited accounts
for the year ended 30 April 2026
Kathmandu Raw Gold Wholesale Limited
Unaudited accounts
Contents
Kathmandu Raw Gold Wholesale Limited
Company Information
for the year ended 30 April 2026
Company Number
14784830 (England and Wales)
Registered Office
267c Boxley Road
Penenden Heath
Maidstone
Kent
ME14 2AE
England
Accountants
Lucent Accounting
4 Dorset Way
Uxbridge
UB10 0JR
Kathmandu Raw Gold Wholesale Limited
Statement of financial position
as at 30 April 2026
Tangible assets
8,215
10,086
Inventories
168,691
19,770
Cash at bank and in hand
18,086
19,068
Creditors: amounts falling due within one year
(69,725)
(27,710)
Net current assets
117,088
12,745
Total assets less current liabilities
125,303
22,831
Creditors: amounts falling due after more than one year
(95,066)
-
Called up share capital
1
1
Profit and loss account
30,236
22,830
Shareholders' funds
30,237
22,831
For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 October 2026 and were signed on its behalf by
Jayanti Rai
Director
Company Registration No. 14784830
Kathmandu Raw Gold Wholesale Limited
Notes to the Accounts
for the year ended 30 April 2026
Kathmandu Raw Gold Wholesale Limited is a private company, limited by shares, registered in England and Wales, registration number 14784830. The registered office is 267c Boxley Road, Penenden Heath, Maidstone, Kent, ME14 2AE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover represents the fair value of consideration received or receivable for the sale of fine jewellery, watches, and related services, net of Value Added Tax (VAT), estimated customer returns, and promotional trade discounts. Turnover from the retail or online sale of inventory is recognised at a point in time when control of the goods transfers to the customer, typically upon physical delivery to the customer at the retail counter or upon shipment/delivery to an e-commerce buyer.
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures & fittings
Reducing balancing method - 18%
Kathmandu Raw Gold Wholesale Limited
Notes to the Accounts
for the year ended 30 April 2026
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2025
7,700
15,000
22,700
At 30 April 2026
7,700
15,000
22,700
At 1 May 2025
7,700
4,914
12,614
Charge for the year
-
1,871
1,871
At 30 April 2026
7,700
6,785
14,485
At 30 April 2026
-
8,215
8,215
At 30 April 2025
-
10,086
10,086
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
2,293
4,328
Loans from directors
30,532
23,382
7
Creditors: amounts falling due after more than one year
2026
2025
Kathmandu Raw Gold Wholesale Limited
Notes to the Accounts
for the year ended 30 April 2026
During the year, company owed £30,532 to the director of the company. There are no interest or repayment terms attached to this funding.
9
Average number of employees
During the year the average number of employees was 2 (2025: 2).