5 01/10/2023 30/09/2024 2024-09-30 false false false false false false false true false false true false false false true true true false No description of principal activities is disclosed 2023-10-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 05559984 2023-10-01 2024-09-30 05559984 2024-09-30 05559984 2023-09-30 05559984 2022-10-01 2023-09-30 05559984 2023-09-30 05559984 2022-09-30 05559984 core:PlantMachinery 2023-10-01 2024-09-30 05559984 core:MotorVehicles 2023-10-01 2024-09-30 05559984 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 05559984 bus:Director1 2023-10-01 2024-09-30 05559984 core:PlantMachinery 2023-09-30 05559984 core:MotorVehicles 2023-09-30 05559984 core:LandBuildings core:OwnedOrFreeholdAssets 2024-09-30 05559984 core:PlantMachinery 2024-09-30 05559984 core:MotorVehicles 2024-09-30 05559984 core:WithinOneYear 2024-09-30 05559984 core:WithinOneYear 2023-09-30 05559984 core:ShareCapital 2024-09-30 05559984 core:ShareCapital 2023-09-30 05559984 core:CapitalRedemptionReserve 2024-09-30 05559984 core:CapitalRedemptionReserve 2023-09-30 05559984 core:RetainedEarningsAccumulatedLosses 2024-09-30 05559984 core:RetainedEarningsAccumulatedLosses 2023-09-30 05559984 bus:OrdinaryShareClass1 core:ShareCapital 2024-09-30 05559984 bus:OrdinaryShareClass1 core:ShareCapital 2023-09-30 05559984 core:LandBuildings core:OwnedOrFreeholdAssets 2023-09-30 05559984 core:PlantMachinery 2023-09-30 05559984 core:MotorVehicles 2023-09-30 05559984 bus:SmallEntities 2023-10-01 2024-09-30 05559984 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 05559984 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05559984 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05559984 bus:FullAccounts 2023-10-01 2024-09-30
Company registration number: 05559984
Kent Boiler Maintenance Ltd
Unaudited filleted financial statements
30 September 2024
Kent Boiler Maintenance Ltd
Contents
Accountants report
Statement of financial position
Notes to the financial statements
Kent Boiler Maintenance Ltd
Statement of financial position
30 September 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 3 48,133 62,944
_______ _______
48,133 62,944
Current assets
Stocks 1,000 2,000
Debtors 4 66,321 130,634
Cash at bank and in hand 191,060 156,993
_______ _______
258,381 289,627
Creditors: amounts falling due
within one year 5 ( 68,922) ( 101,032)
_______ _______
Net current assets 189,459 188,595
_______ _______
Total assets less current liabilities 237,592 251,539
Provisions for liabilities ( 8,440) ( 11,255)
_______ _______
Net assets 229,152 240,284
_______ _______
Capital and reserves
Called up share capital 6 31 31
Capital redemption reserve 74 74
Profit and loss account 229,047 240,179
_______ _______
Shareholders funds 229,152 240,284
_______ _______
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 14 February 2025 , and are signed on behalf of the board by:
Mr J Scudder
Director
Kent Boiler Maintenance Ltd
Notes to the financial statements
Year ended 30 September 2024
1. General information
Kent Boiler Maintenance Ltd (Company number 05559984 ) is a private company limited by shares, registered in England & Wales. The address of the registered office is Cranford House, 24a Longley Road, Rainham, Gillingham, Kent, ME8 7RU.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 25 % reducing balance
Motor vehicles - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
2. Employee numbers
The average number of persons employed by the company, including directors, during the year amounted to 5 (2023: 6).
3. Tangible assets
Freehold property Plant and machinery Motor vehicles Total
£ £ £ £
Cost
At 1 October 2023 and 30 September 2024 3,710 32,158 85,396 121,264
_______ _______ _______ _______
Depreciation
At 1 October 2023 - 28,156 30,164 58,320
Charge for the year - 1,002 13,809 14,811
_______ _______ _______ _______
At 30 September 2024 - 29,158 43,973 73,131
_______ _______ _______ _______
Carrying amount
At 30 September 2024 3,710 3,000 41,423 48,133
_______ _______ _______ _______
At 30 September 2023 3,710 4,002 55,232 62,944
_______ _______ _______ _______
4. Debtors
2024 2023
£ £
Trade debtors 48,885 89,872
Other debtors 17,436 40,762
_______ _______
66,321 130,634
_______ _______
5. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 41,087 49,176
Corporation tax 7,858 17,844
Social security and other taxes 17,277 31,427
Other creditors 2,700 2,585
_______ _______
68,922 101,032
_______ _______
6. Called up share capital
Issued, called up and fully paid
2024 2023
No £ No £
Ordinary shares of £ 1.00 each 31 31 31 31
_______ _______ _______ _______