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REGISTERED NUMBER: 02577082 (England and Wales)















Gardner & Co. (Kent) Limited

Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31 July 2024






Gardner & Co. (Kent) Limited (Registered number: 02577082)






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




Page

Company Information 1

Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 5

Statement of Comprehensive Income 9

Statement of Financial Position 10

Statement of Changes in Equity 11

Statement of Cash Flows 12

Notes to the Statement of Cash Flows 13

Notes to the Financial Statements 14


Gardner & Co. (Kent) Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: P J Legge
S J Legge
R J Legge
M J Harrington



REGISTERED OFFICE: 5 London Road
Rainham
Gillingham
Kent
ME8 7RG



BUSINESS ADDRESS: Unit 2-3
Lordswood Industrial Estate
Revenge Road
Chatham
Kent
ME5 8UD



REGISTERED NUMBER: 02577082 (England and Wales)



SENIOR STATUTORY AUDITOR: Jon Spurling FCCA



AUDITORS: Spurling Cannon Audit Limited
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

Gardner & Co. (Kent) Limited (Registered number: 02577082)

Strategic Report
for the Year Ended 31 July 2024

The directors present their strategic report for the year ended 31 July 2024.

REVIEW OF BUSINESS
The company has achieved turnover for the year of £17.9m, down from £24.6m in the previous year. We continue to anticipate growth since the year end date and anticipate the turnover level for 2024 can be maintained in the short to medium term.

PRINCIPAL RISKS AND UNCERTAINTIES
The board closely monitors its future order book and resources to manage and achieve its operations effectively. Contract awards and sustained growth in all areas across all locations will place the company in a sound position for the future.

POST BALANCE SHEET EVENTS
There are no significant post balance sheet events.

KEY PERFORMANCE INDICATORS
The board considers that in view of the nature of the company's business and its management structure, analysis of KPIs are not necessary to enable evaluation of its performance.

GOING CONCERN
The company is well placed for the future and events since the year end suggest that this will continue for the foreseeable future, both medium and long term. As such we have prepared the financial statements on a going concern basis.

ON BEHALF OF THE BOARD:





P J Legge - Director


16 April 2025

Gardner & Co. (Kent) Limited (Registered number: 02577082)

Report of the Directors
for the Year Ended 31 July 2024

The directors present their report with the financial statements of the company for the year ended 31 July 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the supply and installation of ductwork.

DIVIDENDS
No dividends will be distributed for the year ended 31 July 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 August 2023 to the date of this report.

P J Legge
S J Legge
R J Legge
M J Harrington

POLITICAL DONATIONS AND EXPENDITURE
The company did not make any political donations during the year.

The company donated £5,381 to a number of charitable causes during the year.

DIRECTORS' RESPONSIBILITIES STATEMENT
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Gardner & Co. (Kent) Limited (Registered number: 02577082)

Report of the Directors
for the Year Ended 31 July 2024


AUDITORS
The auditors, Spurling Cannon Audit Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





P J Legge - Director


16 April 2025

Report of the Independent Auditors to the Members of
Gardner & Co. (Kent) Limited

Opinion
We have audited the financial statements of Gardner & Co. (Kent) Limited (the 'company') for the year ended 31 July 2024 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity, Statement of Cash Flows and Notes to the Statement of Cash Flows, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 July 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
Gardner & Co. (Kent) Limited


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Directors' Responsibilities Statement set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of
Gardner & Co. (Kent) Limited


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including
fraud and non-compliance with laws and regulations, was as follows:-
- The engagement partner ensured that the engagement team collectively had the appropriate competence,
capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
- We identified the laws and regulations applicable to the group through discussions with directors and other
management, and from our commercial knowledge and experience of the business sector;
- We focused on specific laws and regulations which we considered may have a direct material effect on the financial
statements or the operations of the group, including the Companies Act 2006, taxation and legislation data
protection, anti-bribery, employment and health and safety legislation;
- We assessed the extent of compliance with the laws and regulations identified above through making enquiries of
management; and
- Identified laws and regulations were communicated within the audit team regularly and the team remained alert to
instances of non-compliance throughout the audit.
We assessed the susceptibility of the group's financial statements to material misstatement, including obtaining an
understanding of how fraud might occur, by:
- Making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of
actual, suspected and alleged fraud; and
- Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud through management bias and override of controls, we:
- Performed analytical procedures to identify any unusual or unexpected relationships;
- Tested journal entries to identify unusual transactions;
- Assessed whether judgements and assumptions made in determining the accounting estimates were indicative of
potential bias; and
- Investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which
included but were not limited to:
- Agreeing financial statement disclosures to underlying supporting documentation; and
- Enquiring of management as to actual and potential litigation and claims.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Report of the Independent Auditors to the Members of
Gardner & Co. (Kent) Limited


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Jon Spurling FCCA (Senior Statutory Auditor)
for and on behalf of Spurling Cannon Audit Limited
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

16 April 2025

Gardner & Co. (Kent) Limited (Registered number: 02577082)

Statement of Comprehensive
Income
for the Year Ended 31 July 2024

2024 2023
Notes £    £   

TURNOVER 17,933,061 24,580,910

Cost of sales 13,837,788 20,090,790
GROSS PROFIT 4,095,273 4,490,120

Administrative expenses 3,902,824 4,435,809
192,449 54,311


Interest payable and similar expenses 4 41,452 46,448
PROFIT BEFORE TAXATION 5 150,997 7,863

Tax on profit 6 46,448 28,516
PROFIT/(LOSS) FOR THE FINANCIAL YEAR 104,549 (20,653 )

OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME/(LOSS)
FOR THE YEAR

104,549

(20,653

)

Gardner & Co. (Kent) Limited (Registered number: 02577082)

Statement of Financial Position
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 7 5,876 7,907

CURRENT ASSETS
Debtors 8 8,631,672 9,479,519
Cash at bank 76,340 886,889
8,708,012 10,366,408
CREDITORS
Amounts falling due within one year 9 6,812,893 8,417,869
NET CURRENT ASSETS 1,895,119 1,948,539
TOTAL ASSETS LESS CURRENT LIABILITIES 1,900,995 1,956,446

CREDITORS
Amounts falling due after more than one
year

10

146,667

306,667
NET ASSETS 1,754,328 1,649,779

CAPITAL AND RESERVES
Called up share capital 14 2 2
Retained earnings 1,754,326 1,649,777
SHAREHOLDERS' FUNDS 1,754,328 1,649,779

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2025 and were signed on its behalf by:





P J Legge - Director


Gardner & Co. (Kent) Limited (Registered number: 02577082)

Statement of Changes in Equity
for the Year Ended 31 July 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 August 2022 2 1,670,430 1,670,432

Changes in equity
Deficit for the year - (20,653 ) (20,653 )
Total comprehensive loss - (20,653 ) (20,653 )
Balance at 31 July 2023 2 1,649,777 1,649,779

Changes in equity
Profit for the year - 104,549 104,549
Total comprehensive income - 104,549 104,549
Balance at 31 July 2024 2 1,754,326 1,754,328

Gardner & Co. (Kent) Limited (Registered number: 02577082)

Statement of Cash Flows
for the Year Ended 31 July 2024

2024 2023
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 (584,434 ) 815,430
Interest paid (41,452 ) (46,448 )
Tax paid (24,664 ) (6,542 )
Net cash from operating activities (650,550 ) 762,440

Cash flows from financing activities
Loan repayments in year (159,999 ) (487,506 )
Net cash from financing activities (159,999 ) (487,506 )

(Decrease)/increase in cash and cash equivalents (810,549 ) 274,934
Cash and cash equivalents at beginning of
year

2

886,889

611,955

Cash and cash equivalents at end of year 2 76,340 886,889

Gardner & Co. (Kent) Limited (Registered number: 02577082)

Notes to the Statement of Cash Flows
for the Year Ended 31 July 2024

1. RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

2024 2023
£    £   
Profit before taxation 150,997 7,863
Depreciation charges 2,031 2,557
Finance costs 41,452 46,448
194,480 56,868
Decrease/(increase) in trade and other debtors 847,847 (412,349 )
(Decrease)/increase in trade and other creditors (1,626,761 ) 1,170,911
Cash generated from operations (584,434 ) 815,430

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Statement of Cash Flows in respect of cash and cash equivalents are in respect of these Statement of Financial Position amounts:

Year ended 31 July 2024
31.7.24 1.8.23
£    £   
Cash and cash equivalents 76,340 886,889
Year ended 31 July 2023
31.7.23 1.8.22
£    £   
Cash and cash equivalents 886,889 611,955


3. ANALYSIS OF CHANGES IN NET FUNDS/(DEBT)

At 1.8.23 Cash flow At 31.7.24
£    £    £   
Net cash
Cash at bank 886,889 (810,549 ) 76,340
886,889 (810,549 ) 76,340
Debt
Debts falling due within 1 year (160,000 ) - (160,000 )
Debts falling due after 1 year (306,667 ) 160,000 (146,667 )
(466,667 ) 160,000 (306,667 )
Total 420,222 (650,549 ) (230,327 )

Gardner & Co. (Kent) Limited (Registered number: 02577082)

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

1. STATUTORY INFORMATION

Gardner & Co. (Kent) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Income recognition
Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have transferred to the customer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the balance sheet date turnover represents the fair vale of the service provided to date based on the stage of completion of the contract activity at the balance sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

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.
Office equipment - 25% on reducing balance

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. 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 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 statement of financial position date.


Gardner & Co. (Kent) Limited (Registered number: 02577082)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

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.

Going concern
The Directors have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the accounts.

Government grants
Government grants in relation to COVID-19 are recognised on the accruals basis and credited to the Income Statement and any related expenditure is charged to the Income Statement.

3. EMPLOYEES AND DIRECTORS
2024 2023
£    £   
Wages and salaries 3,003,740 3,109,643
Social security costs 234,517 249,802
Other pension costs 107,584 126,603
3,345,841 3,486,048

The average number of employees during the year was as follows:
2024 2023

Production staff 20 17
Management and administration staff 29 34
49 51

2024 2023
£    £   
Directors' remuneration - -

Gardner & Co. (Kent) Limited (Registered number: 02577082)

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

4. INTEREST PAYABLE AND SIMILAR EXPENSES
2024 2023
£    £   
Other interest 1,502 -
Loan interest 39,950 46,448
41,452 46,448

5. PROFIT BEFORE TAXATION

The profit is stated after charging:

2024 2023
£    £   
Equipment hire 395,943 567,345
Depreciation - owned assets 2,031 2,557
Auditors' remuneration 6,000 6,000

6. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2024 2023
£    £   
Current tax:
UK corporation tax 46,448 28,516
Tax on profit 46,448 28,516

Reconciliation of total tax charge included in profit and loss
The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

2024 2023
£    £   
Profit before tax 150,997 7,863
Profit multiplied by the standard rate of corporation tax in the UK of 25%
(2023 - 22%)

37,749

1,730

Effects of:
Expenses not deductible for tax purposes 7,009 25,391
Depreciation in excess of capital allowances 1,690 1,395
Total tax charge 46,448 28,516

Gardner & Co. (Kent) Limited (Registered number: 02577082)

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

7. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 August 2023
and 31 July 2024 207,438
DEPRECIATION
At 1 August 2023 199,531
Charge for year 2,031
At 31 July 2024 201,562
NET BOOK VALUE
At 31 July 2024 5,876
At 31 July 2023 7,907

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,095,332 633,396
Amounts recoverable on contracts 5,204,480 7,736,016
Other debtors 1,855,295 46,363
VAT 166,619 46,947
Prepayments and accrued income 309,946 1,016,797
8,631,672 9,479,519

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 11) 160,000 160,000
Trade creditors 5,698,865 7,081,143
Corporation tax 76,466 54,682
Social security and other taxes 722,241 911,844
Other creditors - 78,000
Accruals 155,321 132,200
6,812,893 8,417,869

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 11) 146,667 306,667

Gardner & Co. (Kent) Limited (Registered number: 02577082)

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

11. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 160,000 160,000

Amounts falling due between one and two years:
Bank loans 146,667 160,000

Amounts falling due between two and five years:
Bank loans - 146,667

12. LEASING AGREEMENTS
At the reporting end date, the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:


2024 2023


£ £

Within one year 198,933 198,933

Between two and five years 751,284 751,284

In over five years 30,908 30,908

Total 981,125 981,125



13. SECURED DEBTS

Borrowings of £150,000 are secured by personal guarantees given by a director.

14. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary 1 2 2

15. ULTIMATE PARENT COMPANY

Jetvine Limited is regarded by the directors as being the company's ultimate parent company.

Jetvine Limited is registered at 5 London Road, Rainham, Gillingham, Kent, ME8 7RG.

Gardner & Co. (Kent) Limited (Registered number: 02577082)

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

16. RELATED PARTY DISCLOSURES

Entities over which the entity has control, joint control or significant influence
2024 2023
£    £   
Management fees expenses 238,680 343,425
Amount due to related party 2,780,055 2,019,494