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REGISTERED NUMBER: 11525532 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

KINGS OF NOTTINGHAM LIMITED

KINGS OF NOTTINGHAM LIMITED (REGISTERED NUMBER: 11525532)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KINGS OF NOTTINGHAM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: P King





REGISTERED OFFICE: 10 Kingswell Avenue
Arnold
Nottingham
NG5 6SY





BUSINESS ADDRESS: 4 Mayfield Avenue
Burton Joyce
Nottingham
NG14 5FH





REGISTERED NUMBER: 11525532 (England and Wales)





ACCOUNTANTS: seven7seven
10 Kingswell Avenue
Arnold
Nottingham
NG5 6SY

KINGS OF NOTTINGHAM LIMITED (REGISTERED NUMBER: 11525532)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,080 2,460

CURRENT ASSETS
Stocks 3,982 10,284
Debtors 5 16,084 21,540
Cash at bank 773 3,358
20,839 35,182
CREDITORS
Amounts falling due within one year 6 9,406 22,570
NET CURRENT ASSETS 11,433 12,612
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,513

15,072

CREDITORS
Amounts falling due after more than one
year

7

12,971

14,170
NET ASSETS 542 902

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 442 802
SHAREHOLDERS' FUNDS 542 902

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KINGS OF NOTTINGHAM LIMITED (REGISTERED NUMBER: 11525532)

BALANCE SHEET - continued
31 JANUARY 2025


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 director and authorised for issue on 15 June 2025 and were signed by:





P King - Director


KINGS OF NOTTINGHAM LIMITED (REGISTERED NUMBER: 11525532)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Kings of Nottingham 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


KINGS OF NOTTINGHAM LIMITED (REGISTERED NUMBER: 11525532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued
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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2024 4,279 450 417 5,146
Additions - - 160 160
At 31 January 2025 4,279 450 577 5,306
DEPRECIATION
At 1 February 2024 2,193 215 278 2,686
Charge for year 313 35 192 540
At 31 January 2025 2,506 250 470 3,226
NET BOOK VALUE
At 31 January 2025 1,773 200 107 2,080
At 31 January 2024 2,086 235 139 2,460

KINGS OF NOTTINGHAM LIMITED (REGISTERED NUMBER: 11525532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 408
Other debtors 16,084 21,132
16,084 21,540

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 3,000 4,800
Trade creditors 455 9,093
Taxation and social security 4,581 7,367
Other creditors 1,370 1,310
9,406 22,570

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Bank loans 12,971 14,170

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 2024
£    £   
P King
Balance outstanding at start of year 21,132 22,483
Amounts repaid (5,210 ) (1,351 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,922 21,132