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Registered number: 12407415
KJS (Staffs) Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12407415
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 96,239 109,526
96,239 109,526
CURRENT ASSETS
Stocks 5 2,750 2,750
Debtors 6 52,905 66,575
Cash at bank and in hand 21,111 3,318
76,766 72,643
Creditors: Amounts Falling Due Within One Year 7 (89,091 ) (53,366 )
NET CURRENT ASSETS (LIABILITIES) (12,325 ) 19,277
TOTAL ASSETS LESS CURRENT LIABILITIES 83,914 128,803
Creditors: Amounts Falling Due After More Than One Year 8 (31,406 ) (53,031 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (20,775 ) (18,761 )
NET ASSETS 31,733 57,011
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 31,633 56,911
SHAREHOLDERS' FUNDS 31,733 57,011
Page 1
Page 2
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Roger Thomas
Director
30 October 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
KJS (Staffs) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12407415 . The registered office is C/O Sempar, Office 2.026, Innovation Centre 7, Keele University , Keele, Staffordshire, ST5 5NU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance
Motor Vehicles 20% reducing balance
Computer Equipment 33% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was as follows: 1 (2025: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2025 121,381 42,705 831 164,917
Additions 7,074 2,900 958 10,932
As at 31 January 2026 128,455 45,605 1,789 175,849
Depreciation
As at 1 February 2025 52,150 2,410 831 55,391
Provided during the period 15,261 8,639 319 24,219
As at 31 January 2026 67,411 11,049 1,150 79,610
Net Book Value
As at 31 January 2026 61,044 34,556 639 96,239
As at 1 February 2025 69,231 40,295 - 109,526
5. Stocks
2026 2025
£ £
Materials 2,750 2,750
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6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 21,511 49,967
Prepayments and accrued income 6,246 3,642
Other debtors 2,770 3,781
VAT 9,362 9,185
Other taxes and social security 13,016 -
52,905 66,575
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 21,625 21,628
Trade creditors 13,716 14,405
Other taxes and social security - 2,678
Other creditors 2,791 -
Accruals and deferred income 47,339 998
Director's loan account 3,620 13,657
89,091 53,366
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 31,406 53,031
9. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured.
Net obligations under finance lease and hire purchase contracts are secured on the assets concerned.
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 53,031 74,659
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Aggregate dividends paid to directors in the year were £10,000 (2025: £10,000).
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