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REGISTERED NUMBER: 07602359 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

KENT AIR CONDITIONING CO LIMITED

KENT AIR CONDITIONING CO LIMITED (REGISTERED NUMBER: 07602359)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KENT AIR CONDITIONING CO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr M D Moore
Mrs T I Moore





REGISTERED OFFICE: 86 Bull Lane
Newington
Sittingbourne
Kent
ME9 7NA





REGISTERED NUMBER: 07602359 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

KENT AIR CONDITIONING CO LIMITED (REGISTERED NUMBER: 07602359)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,331 5,906
Tangible assets 5 17,698 23,553
22,029 29,459

CURRENT ASSETS
Stocks 6,525 12,640
Debtors 6 30,532 49,848
Cash at bank 136,532 169,261
173,589 231,749
CREDITORS
Amounts falling due within one year 7 23,734 48,051
NET CURRENT ASSETS 149,855 183,698
TOTAL ASSETS LESS CURRENT
LIABILITIES

171,884

213,157

CREDITORS
Amounts falling due after more than one year 8 - 1,250
NET ASSETS 171,884 211,907

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 171,784 211,807
SHAREHOLDERS' FUNDS 171,884 211,907

KENT AIR CONDITIONING CO LIMITED (REGISTERED NUMBER: 07602359)

BALANCE SHEET - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





Mr M D Moore - Director


KENT AIR CONDITIONING CO LIMITED (REGISTERED NUMBER: 07602359)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Kent Air Conditioning Co 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

KENT AIR CONDITIONING CO LIMITED (REGISTERED NUMBER: 07602359)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 15,750
AMORTISATION
At 1 April 2023 9,844
Charge for year 1,575
At 31 March 2024 11,419
NET BOOK VALUE
At 31 March 2024 4,331
At 31 March 2023 5,906

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 34,289
DEPRECIATION
At 1 April 2023 10,736
Charge for year 5,855
At 31 March 2024 16,591
NET BOOK VALUE
At 31 March 2024 17,698
At 31 March 2023 23,553

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 27,569 46,781
Other debtors 2,963 3,067
30,532 49,848

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 1,250 2,500
Trade creditors 16,952 33,095
Taxation and social security 3,115 10,091
Other creditors 2,417 2,365
23,734 48,051

KENT AIR CONDITIONING CO LIMITED (REGISTERED NUMBER: 07602359)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 1,250