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Company Registration No. 2830425 (England and Wales)
Kent Flush Doors & Joinery Limited Unaudited accounts for the year ended 31 July 2023
Kent Flush Doors & Joinery Limited Unaudited accounts Contents
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Kent Flush Doors & Joinery Limited Company Information for the year ended 31 July 2023
Directors
Robert Foster Fiona Foster
Company Number
2830425 (England and Wales)
Registered Office
76 Glebe Lane Barming Maidstone Kent ME16 9BD United Kingdom
Accountants
Bowyer Pounds & Co 76 Glebe Lane Barming Maidstone Kent ME16 9BD
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Kent Flush Doors & Joinery Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
98,150 
93,315 
Current assets
Inventories
72,704 
53,151 
Debtors
1,002,012 
702,366 
Cash at bank and in hand
721,316 
349,885 
1,796,032 
1,105,402 
Creditors: amounts falling due within one year
(489,444)
(230,926)
Net current assets
1,306,588 
874,476 
Total assets less current liabilities
1,404,738 
967,791 
Provisions for liabilities
Deferred tax
(24,538)
(17,730)
Net assets
1,380,200 
950,061 
Capital and reserves
Called up share capital
250 
250 
Profit and loss account
1,379,950 
949,811 
Shareholders' funds
1,380,200 
950,061 
For the year ending 31 July 2023 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 14 November 2023 and were signed on its behalf by
Robert Foster Director Company Registration No. 2830425
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Kent Flush Doors & Joinery Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Kent Flush Doors & Joinery Limited is a private company, limited by shares, registered in England and Wales, registration number 2830425. The registered office is 76 Glebe Lane, Barming, Maidstone, Kent, ME16 9BD, United Kingdom.
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
15% reducing balance basis
Motor vehicles
25% reducing balance basis
Fixtures & fittings
25% reducing balance basis
Computer equipment
25% reducing balance basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Kent Flush Doors & Joinery Limited Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2022
214,334 
33,250 
13,280 
14,770 
275,634 
Additions
11,581 
- 
14,835 
- 
26,416 
At 31 July 2023
225,915 
33,250 
28,115 
14,770 
302,050 
Depreciation
At 1 August 2022
153,869 
8,313 
10,721 
9,416 
182,319 
Charge for the year
10,373 
6,234 
3,635 
1,339 
21,581 
At 31 July 2023
164,242 
14,547 
14,356 
10,755 
203,900 
Net book value
At 31 July 2023
61,673 
18,703 
13,759 
4,015 
98,150 
At 31 July 2022
60,465 
24,937 
2,559 
5,354 
93,315 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
296,178 
97,943 
Amounts due from group undertakings etc.
705,559 
602,859 
Other debtors
275 
1,564 
1,002,012 
702,366 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
254,883 
153,460 
Taxes and social security
226,602 
67,450 
Other creditors
2,435 
5,752 
Loans from directors
744 
369 
Accruals
4,780 
3,895 
489,444 
230,926 
7
Average number of employees
During the year the average number of employees was 14 (2022: 14).
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