Company registration number 05324171 (England and Wales)
KIDSON-TRIGG LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
KIDSON-TRIGG LTD
BALANCE SHEET
- 1 -
2024
2023
£
£
£
£
Fixed assets
247,832
292,232
Current assets
173,765
185,517
Creditors: amounts falling due within one year
(65,606)
(51,697)
Net current assets
108,159
133,820
Total assets less current liabilities
355,991
426,052
Creditors: amounts falling due after more than one year
(25,791)
Accruals and deferred income
(15,744)
(15,437)
Net assets
340,247
384,824
Capital and reserves
340,247
384,824
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
The company has net obligations under hire purchase contracts totalling £356 (2023 - £29,985) which are secured over the assets concerned.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
5
5
Kidson-Trigg Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Friars Estate and Auction Rooms, Highworth, SWINDON, Wiltshire, SN6 7PZ.
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
KIDSON-TRIGG LTD
BALANCE SHEET (CONTINUED)
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 25 October 2024 and are signed on its behalf by:
Mr M C Kidson-Trigg
Director
Company registration number 05324171 (England and Wales)
KIDSON-TRIGG LTD
SCHEDULE OF ADMINISTRATIVE EXPENSES
FOR THE YEAR ENDED 30 JUNE 2024
- 4 -
2024
2023
£
£
Administrative expenses
Wages and salaries
20,218
14,278
Employer's N.I contributons- staff
432
267
Staff pension costs defined contribution
139
148
Directors' remuneration
28,000
28,000
Employer's N.I contributions- directors
1,352
1,424
Directors' pension costs - defined contribution scheme
776
776
Cataloguing and valuations
15,459
11,838
Commissions- Introduction to agents
4,676
6,787
Rent
29,160
25,000
Rates
2,607
1,118
Power, light and heat
2,901
3,218
Property repairs and maintenance
16,780
32,771
Insurance
23,476
14,147
Motor running expenses
14,676
9,447
Professional subscriptions
2,035
1,588
Legal fees
3,672
7,304
Accountancy
4,800
4,548
Bank charges
209
102
Credit card charges
-
1,209
Office services and expenses
18,321
18,078
Advertising
20,032
20,611
Telecommunications
5,046
4,696
Amortisation
10,000
10,000
Depreciation
377
12,613
Profit or loss on sale of tangible assets
8,788
(1,289)
233,932
228,679
KIDSON-TRIGG LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 5 -
1
Intangible fixed assets
Goodwill
£
Cost
At 1 July 2023 and 30 June 2024
325,000
Amortisation and impairment
At 1 July 2023
180,000
Amortisation charged for the year
10,000
At 30 June 2024
190,000
Carrying amount
At 30 June 2024
135,000
At 30 June 2023
145,000
2
Tangible fixed assets
Tenants Improvements
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 July 2023
106,419
9,415
66,393
182,227
Additions
3,298
3,298
Disposals
(66,393)
(66,393)
At 30 June 2024
109,717
9,415
119,132
Depreciation and impairment
At 1 July 2023
5,923
29,071
34,994
Depreciation charged in the year
377
377
Eliminated in respect of disposals
(29,071)
(29,071)
At 30 June 2024
6,300
6,300
Carrying amount
At 30 June 2024
109,717
3,115
112,832
At 30 June 2023
106,419
3,491
37,322
147,232
KIDSON-TRIGG LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 6 -
3
Current assets
2024
2023
£
£
Trade debtors
96,906
42,253
Cash at bank and in hand
76,859
143,264
173,765
185,517
4
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
14,169
9,731
Taxation and social security
42,970
29,572
Other creditors
8,467
12,394
65,606
51,697
5
Accruals and deferred income
2024
2023
£
£
Accruals
15,744
15,437