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Company Registration No. 09706781 (England and Wales)
Kingston Automotive Ltd Unaudited accounts for the year ended 31 October 2022
Kingston Automotive Ltd Unaudited accounts Contents
Page
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Kingston Automotive Ltd Company Information for the year ended 31 October 2022
Directors
Colin John Esslemont Victoria Margaret Esslemont
Company Number
09706781 (England and Wales)
Registered Office
Unit 1 Wilton Street Hull North Humberside HU8 7LG England
Accountants
Rainbird Hanton Accountants The Octagon Hesslewood Business Park Feriby Road Hessle East Yorkshire HU13 0LH
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Kingston Automotive Ltd Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
14,250 
17,250 
Tangible assets
58,960 
53,802 
73,210 
71,052 
Current assets
Inventories
2,189 
2,589 
Debtors
81,501 
70,329 
Cash at bank and in hand
17,954 
16,710 
101,644 
89,628 
Creditors: amounts falling due within one year
(103,885)
(70,073)
Net current (liabilities)/assets
(2,241)
19,555 
Total assets less current liabilities
70,969 
90,607 
Creditors: amounts falling due after more than one year
(51,952)
(63,952)
Provisions for liabilities
Deferred tax
(7,942)
(7,942)
Net assets
11,075 
18,713 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
10,975 
18,613 
Shareholders' funds
11,075 
18,713 
For the year ending 31 October 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 25 October 2023 and were signed on its behalf by
Colin John Esslemont Director Company Registration No. 09706781
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Kingston Automotive Ltd Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
Kingston Automotive Ltd is a private company, limited by shares, registered in England and Wales, registration number 09706781. The registered office is Unit 1, Wilton Street, Hull, North Humberside, HU8 7LG, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% on WDV
Motor vehicles
25% on WDV
Computer equipment
33.33% on WDV
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2021
30,000 
At 31 October 2022
30,000 
Amortisation
At 1 November 2021
12,750 
Charge for the year
3,000 
At 31 October 2022
15,750 
Net book value
At 31 October 2022
14,250 
At 31 October 2021
17,250 
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Kingston Automotive Ltd Notes to the Accounts for the year ended 31 October 2022
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2021
96,633 
9,265 
1,914 
107,812 
Additions
15,958 
950 
- 
16,908 
At 31 October 2022
112,591 
10,215 
1,914 
124,720 
Depreciation
At 1 November 2021
47,764 
5,603 
643 
54,010 
Charge for the year
10,172 
1,154 
424 
11,750 
At 31 October 2022
57,936 
6,757 
1,067 
65,760 
Net book value
At 31 October 2022
54,655 
3,458 
847 
58,960 
At 31 October 2021
48,869 
3,662 
1,271 
53,802 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,535 
3,895 
Accrued income and prepayments
5,966 
5,434 
Other debtors
61,000 
61,000 
81,501 
70,329 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
15,583 
15,583 
VAT
14,909 
- 
Trade creditors
19,398 
16,191 
Taxes and social security
2,060 
13,942 
Other creditors
132 
22,857 
Loans from directors
44,303 
- 
Accruals
7,500 
1,500 
103,885 
70,073 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
51,952 
63,952 
9
Average number of employees
During the year the average number of employees was 5 (2021: 5).
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