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REGISTERED NUMBER: 10312033 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

K DRURY & SONS LTD

K DRURY & SONS LTD (REGISTERED NUMBER: 10312033)






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


K DRURY & SONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: K D Drury
T E Drury





REGISTERED OFFICE: Foxhole Farm
Ticehurst Road
Hurst Green
TN19 7QT





REGISTERED NUMBER: 10312033 (England and Wales)





ACCOUNTANTS: Xeinadin
2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH

K DRURY & SONS LTD (REGISTERED NUMBER: 10312033)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 285,425 233,712

CURRENT ASSETS
Debtors 5 288,614 299,312
Cash at bank 156,110 155,109
444,724 454,421
CREDITORS
Amounts falling due within one year 6 293,395 331,473
NET CURRENT ASSETS 151,329 122,948
TOTAL ASSETS LESS CURRENT
LIABILITIES

436,754

356,660

CREDITORS
Amounts falling due after more than one
year

7

175,817

137,598
NET ASSETS 260,937 219,062

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 260,837 218,962
260,937 219,062

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 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.

K DRURY & SONS LTD (REGISTERED NUMBER: 10312033)

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 Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by:





K D Drury - Director


K DRURY & SONS LTD (REGISTERED NUMBER: 10312033)

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

1. STATUTORY INFORMATION

K Drury & Sons Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 11 (2024 - 9 ) .

K DRURY & SONS LTD (REGISTERED NUMBER: 10312033)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2024 1,049,136 2,110 3,263 1,054,509
Additions 201,663 - 583 202,246
At 31 January 2025 1,250,799 2,110 3,846 1,256,755
DEPRECIATION
At 1 February 2024 815,685 2,110 3,002 820,797
Charge for year 150,126 - 407 150,533
At 31 January 2025 965,811 2,110 3,409 971,330
NET BOOK VALUE
At 31 January 2025 284,988 - 437 285,425
At 31 January 2024 233,451 - 261 233,712

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 February 2024 572,366
Additions 187,113
At 31 January 2025 759,479
DEPRECIATION
At 1 February 2024 455,543
Charge for year 85,719
At 31 January 2025 541,262
NET BOOK VALUE
At 31 January 2025 218,217
At 31 January 2024 116,823

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 203,829 107,922
Other debtors 84,785 191,390
288,614 299,312

K DRURY & SONS LTD (REGISTERED NUMBER: 10312033)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 71,030 51,167
Trade creditors 121,027 154,402
Taxation and social security 57,936 36,926
Other creditors 33,402 78,978
293,395 331,473

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 9,167 19,167
Hire purchase contracts 166,650 118,431
175,817 137,598

8. DIRECTORS' 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
£    £   
K D Drury
Balance outstanding at start of year 39 507
Amounts repaid (674 ) (468 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (635 ) 39

9. RELATED PARTY DISCLOSURES

As at the balance sheet date the company owed K Drury & Sons, a business in which the director K D Drury is proprietor, amounting to £11,893 (2024- £62,823).

10. ULTIMATE CONTROLLING PARTY

Mrs J Drury by virtue of shareholding.