IRIS Accounts Production v25.1.3.33 00317871 Board of Directors 1.3.24 28.2.25 28.2.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh003178712024-02-29003178712025-02-28003178712024-03-012025-02-28003178712023-02-28003178712023-03-012024-02-29003178712024-02-2900317871ns15:EnglandWales2024-03-012025-02-2800317871ns14:PoundSterling2024-03-012025-02-2800317871ns10:Director12024-03-012025-02-2800317871ns10:PrivateLimitedCompanyLtd2024-03-012025-02-2800317871ns10:SmallEntities2024-03-012025-02-2800317871ns10:AuditExempt-NoAccountantsReport2024-03-012025-02-2800317871ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012025-02-2800317871ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-2800317871ns10:FullAccounts2024-03-012025-02-2800317871ns10:OrdinaryShareClass12024-03-012025-02-2800317871ns10:Director22024-03-012025-02-2800317871ns10:CompanySecretary12024-03-012025-02-2800317871ns10:RegisteredOffice2024-03-012025-02-2800317871ns5:CurrentFinancialInstruments2025-02-2800317871ns5:CurrentFinancialInstruments2024-02-2900317871ns5:ShareCapital2025-02-2800317871ns5:ShareCapital2024-02-2900317871ns5:RetainedEarningsAccumulatedLosses2025-02-2800317871ns5:RetainedEarningsAccumulatedLosses2024-02-2900317871ns5:LandBuildingsns5:ShortLeaseholdAssets2024-03-012025-02-2800317871ns5:LeaseholdImprovements2024-03-012025-02-2800317871ns5:FurnitureFittings2024-03-012025-02-2800317871ns5:ComputerEquipment2024-03-012025-02-2800317871ns5:LandBuildingsns5:ShortLeaseholdAssets2024-02-2900317871ns5:LeaseholdImprovements2024-02-2900317871ns5:FurnitureFittings2024-02-2900317871ns5:ComputerEquipment2024-02-2900317871ns5:LandBuildingsns5:ShortLeaseholdAssets2025-02-2800317871ns5:LeaseholdImprovements2025-02-2800317871ns5:FurnitureFittings2025-02-2800317871ns5:ComputerEquipment2025-02-2800317871ns5:LandBuildingsns5:ShortLeaseholdAssets2024-02-2900317871ns5:LeaseholdImprovements2024-02-2900317871ns5:FurnitureFittings2024-02-2900317871ns5:ComputerEquipment2024-02-2900317871ns5:WithinOneYearns5:CurrentFinancialInstruments2025-02-2800317871ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2900317871ns5:WithinOneYear2025-02-2800317871ns5:WithinOneYear2024-02-2900317871ns5:BetweenOneFiveYears2025-02-2800317871ns5:BetweenOneFiveYears2024-02-2900317871ns5:AllPeriods2025-02-2800317871ns5:AllPeriods2024-02-2900317871ns10:OrdinaryShareClass12025-02-28
REGISTERED NUMBER: 00317871 (England and Wales)







Unaudited Financial Statements

for the Year Ended 28 February 2025

for

W.W.Kemp & Son Limited

W.W.Kemp & Son Limited (Registered number: 00317871)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


W.W.Kemp & Son Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mr M J Kemp
Mrs A J Kemp





SECRETARY: Mrs A J Kemp





REGISTERED OFFICE: 9 Carlton Court
Westbury-on-Trym
City of Bristol
BS9 3DF





REGISTERED NUMBER: 00317871 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

W.W.Kemp & Son Limited (Registered number: 00317871)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,428 3,172

CURRENT ASSETS
Stocks 5 238,214 262,291
Debtors 6 15,466 11,378
Cash at bank and in hand 183,138 190,184
436,818 463,853
CREDITORS
Amounts falling due within one year 7 63,980 92,758
NET CURRENT ASSETS 372,838 371,095
TOTAL ASSETS LESS CURRENT LIABILITIES 375,266 374,267

PROVISIONS FOR LIABILITIES 607 747
NET ASSETS 374,659 373,520

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 373,659 372,520
SHAREHOLDERS' FUNDS 374,659 373,520

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 20 May 2025 and were signed on its behalf by:





Mr M J Kemp - Director


W.W.Kemp & Son Limited (Registered number: 00317871)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

W.W.Kemp & Son 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on reducing balance
Improvements to property - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33.33% on cost

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 5 (2024 - 5 ) .

W.W.Kemp & Son Limited (Registered number: 00317871)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Short to and Computer
leasehold property fittings equipment Totals
£    £    £    £    £   
COST
At 1 March 2024
and 28 February 2025 700 4,020 33,732 3,350 41,802
DEPRECIATION
At 1 March 2024 693 3,557 31,365 3,015 38,630
Charge for year 7 47 355 335 744
At 28 February 2025 700 3,604 31,720 3,350 39,374
NET BOOK VALUE
At 28 February 2025 - 416 2,012 - 2,428
At 29 February 2024 7 463 2,367 335 3,172

The short leasehold runs for ten years from July 2016.

5. STOCKS
28.2.25 29.2.24
£    £   
Stocks 238,214 262,291

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 843 1,270
Prepayments and accrued income 14,623 10,108
15,466 11,378

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade creditors 13,144 36,975
Tax 35,068 34,859
Social security and other taxes 1,109 1,032
VAT 10,327 15,754
Other creditors 299 339
Directors' current accounts 1,896 1,854
Accrued expenses 2,137 1,945
63,980 92,758

W.W.Kemp & Son Limited (Registered number: 00317871)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
28.2.25 29.2.24
£    £   
Within one year 10,000 10,000
Between one and five years 3,534 13,534
13,534 23,534

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M J Kemp & A J Kemp, directors.