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REGISTERED NUMBER: 01711313 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Kimbledale Limited

Kimbledale Limited (Registered number: 01711313)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 5

Chartered Accountants' Report 8

Kimbledale Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: G Brown
Mrs M Myers





SECRETARY: Mrs A M Brown





REGISTERED OFFICE: Russell Chambers
61A North Street
Keighley
West Yorkshire
BD21 3DS





REGISTERED NUMBER: 01711313 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
BD21 3DS

Kimbledale Limited (Registered number: 01711313)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 318,731 29,369
318,731 29,369

CURRENT ASSETS
Stocks 1,252 27,723
Debtors 6 51,298 41,131
Cash at bank 147,580 93,935
200,130 162,789
CREDITORS
Amounts falling due within one year 7 (101,547 ) (84,492 )
NET CURRENT ASSETS 98,583 78,297
TOTAL ASSETS LESS CURRENT
LIABILITIES

417,314

107,666

CREDITORS
Amounts falling due after more than one
year

8

(76,519

)

-

PROVISIONS FOR LIABILITIES (1,633 ) (1,984 )
NET ASSETS 339,162 105,682

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Revaluation reserve 9 232,877 13,153
Retained earnings 9 56,285 42,529
SHAREHOLDERS' FUNDS 339,162 105,682

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Kimbledale Limited (Registered number: 01711313)

Balance Sheet - continued
31 December 2024


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.

Kimbledale Limited (Registered number: 01711313)

Balance Sheet - continued
31 December 2024



The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by:





G Brown - Director


Kimbledale Limited (Registered number: 01711313)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Kimbledale 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Intangible fixed assets
Patents are stated at cost and are amortised at 15% based on reducing balances.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 3% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 6 (2023 - 8 ) .

Kimbledale Limited (Registered number: 01711313)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 4,000
AMORTISATION
At 1 January 2024
and 31 December 2024 4,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 January 2024 120,589 187,737 40,095 348,421
Additions - 275 - 275
Disposals - (181,301 ) - (181,301 )
Revaluations 306,074 - - 306,074
At 31 December 2024 426,663 6,711 40,095 473,469
DEPRECIATION
At 1 January 2024 101,663 185,057 32,332 319,052
Charge for year 12,800 125 1,941 14,866
Eliminated on disposal - (179,180 ) - (179,180 )
At 31 December 2024 114,463 6,002 34,273 154,738
NET BOOK VALUE
At 31 December 2024 312,200 709 5,822 318,731
At 31 December 2023 18,926 2,680 7,763 29,369

Cost or valuation at 31 December 2024 is represented by:

Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
Valuation in 1995 21,629 - - 21,629
Valuation in 2024 306,074 - - 306,074
Cost 98,960 6,711 40,095 145,766
426,663 6,711 40,095 473,469

Kimbledale Limited (Registered number: 01711313)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS - continued

If buildings and land had not been revalued they would have been included at the following historical cost:

31.12.24 31.12.23
£    £   
Cost 98,960 98,960
Aggregate depreciation 89,011 87,255

Buildings and land were valued on an open market value basis on 2 June 2024 by Hayfield Robinson Property Consultants .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 48,622 38,237
Prepayments 2,676 2,894
51,298 41,131

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 8,260 10,846
Tax 15,618 5,015
Social security and other taxes 26,369 10,942
Directors' current accounts 48,413 54,414
Accrued expenses 2,887 3,275
101,547 84,492

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Other creditors 76,519 -

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 January 2024 42,529 13,153 55,682
Profit for the year 43,925 - 43,925
Dividends (40,000 ) - (40,000 )
Transfer 9,831 (9,831 ) -
Surplus on revaluation - 306,074 306,074
Deferred tax on revaluation - (76,519 ) (76,519 )
At 31 December 2024 56,285 232,877 289,162

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Kimbledale Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kimbledale Limited for the year ended 31 December 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Kimbledale Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kimbledale Limited and state those matters that we have agreed to state to the Board of Directors of Kimbledale Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kimbledale Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Kimbledale Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kimbledale Limited. You consider that Kimbledale Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kimbledale Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
BD21 3DS


5 March 2025