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REGISTERED NUMBER: 06794131 (England and Wales)















KIMBER WOODWARD LIMITED
TRADING AS
KIMBER ESTATES

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






KIMBER WOODWARD LIMITED (REGISTERED NUMBER: 06794131)
TRADING AS KIMBER ESTATES






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KIMBER WOODWARD LIMITED
TRADING AS KIMBER ESTATES

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Ms K Kimber





REGISTERED OFFICE: 424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ





REGISTERED NUMBER: 06794131 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

KIMBER WOODWARD LIMITED (REGISTERED NUMBER: 06794131)
TRADING AS KIMBER ESTATES

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 46,641 30,006
46,641 30,006

CURRENT ASSETS
Debtors 6 12,606 12,606
Cash at bank and in hand 231,755 232,652
244,361 245,258
CREDITORS
Amounts falling due within one year 7 110,063 125,733
NET CURRENT ASSETS 134,298 119,525
TOTAL ASSETS LESS CURRENT
LIABILITIES

180,939

149,531

CREDITORS
Amounts falling due after more than one
year

8

12,736

-
NET ASSETS 168,203 149,531

CAPITAL AND RESERVES
Called up share capital 50 50
Capital redemption reserve 50 50
Retained earnings 168,103 149,431
SHAREHOLDERS' FUNDS 168,203 149,531

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

KIMBER WOODWARD LIMITED (REGISTERED NUMBER: 06794131)
TRADING AS KIMBER ESTATES

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 September 2023 and were signed by:





Ms K Kimber - Director


KIMBER WOODWARD LIMITED (REGISTERED NUMBER: 06794131)
TRADING AS KIMBER ESTATES

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Kimber Woodward Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of three years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise Fee are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 10 years
Fixture & Fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

KIMBER WOODWARD LIMITED (REGISTERED NUMBER: 06794131)
TRADING AS KIMBER ESTATES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Franchise
Goodwill Fee Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 40,000 4,995 44,995
AMORTISATION
At 1 April 2022
and 31 March 2023 40,000 4,995 44,995
NET BOOK VALUE
At 31 March 2023 - - -
At 31 March 2022 - - -

5. TANGIBLE FIXED ASSETS
Short Fixture & Motor Computer
leasehold Fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 1,975 42,993 49,843 13,771 108,582
Additions - - 28,409 1,789 30,198
At 31 March 2023 1,975 42,993 78,252 15,560 138,780
DEPRECIATION
At 1 April 2022 1,383 27,620 38,988 10,585 78,576
Charge for year 197 2,306 9,816 1,244 13,563
At 31 March 2023 1,580 29,926 48,804 11,829 92,139
NET BOOK VALUE
At 31 March 2023 395 13,067 29,448 3,731 46,641
At 31 March 2022 592 15,373 10,855 3,186 30,006

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Sundry debtors 12,606 12,606

KIMBER WOODWARD LIMITED (REGISTERED NUMBER: 06794131)
TRADING AS KIMBER ESTATES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 32,355 42,059
Taxation and social security 59,304 57,807
Other creditors 18,404 25,867
110,063 125,733

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 12,736 -