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REGISTERED NUMBER: 00278975 (England and Wales)















Kieft & Sons Limited

Unaudited Financial Statements for the Year Ended 31 May 2025






Kieft & Sons Limited (Registered number: 00278975)






Contents of the Financial Statements
for the Year Ended 31 May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kieft & Sons Limited

Company Information
for the Year Ended 31 May 2025







Directors: W L N Roozen





Secretary: W L N Roozen





Registered office: Reepham Road
Horsford
Norwich
Norfolk
NR30 3AL





Registered number: 00278975 (England and Wales)





Accountants: Fairhead Bradford
5 Queen Street
Great Yarmouth
Norfolk
NR30 2QP

Kieft & Sons Limited (Registered number: 00278975)

Balance Sheet
31 May 2025

31/5/25 31/5/24
Notes £    £    £    £   
Fixed assets
Tangible assets 4 113,267 129,582

Current assets
Stocks 52,847 117,874
Debtors 5 14,350 129,986
Cash at bank and in hand 101,621 44,292
168,818 292,152
Creditors
Amounts falling due within one year 6 69,323 209,568
Net current assets 99,495 82,584
Total assets less current liabilities 212,762 212,166

Capital and reserves
Called up share capital 51,000 51,000
Share premium 149,600 149,600
Retained earnings 12,162 11,566
212,762 212,166

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 30 June 2025 and were signed on its behalf by:





W L N Roozen - Director


Kieft & Sons Limited (Registered number: 00278975)

Notes to the Financial Statements
for the Year Ended 31 May 2025

1. Statutory information

Kieft & Sons 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" 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 for goods supplied and services rendered, net of discounts allowed and excluding VAT.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on their receipt of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures fittings and equipment - at variable rates 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.

Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

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.


Kieft & Sons Limited (Registered number: 00278975)

Notes to the Financial Statements - continued
for the Year Ended 31 May 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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 7 (2024 - 6 ) .

4. Tangible fixed assets
Fixtures
fittings
and Motor
equipment vehicles Totals
£    £    £   
Cost
At 1 June 2024 772,324 19,985 792,309
Disposals (201,131 ) - (201,131 )
At 31 May 2025 571,193 19,985 591,178
Depreciation
At 1 June 2024 653,465 9,262 662,727
Charge for year 13,010 2,681 15,691
Eliminated on disposal (200,507 ) - (200,507 )
At 31 May 2025 465,968 11,943 477,911
Net book value
At 31 May 2025 105,225 8,042 113,267
At 31 May 2024 118,859 10,723 129,582

Kieft & Sons Limited (Registered number: 00278975)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

5. Debtors: amounts falling due within one year
31/5/25 31/5/24
£    £   
Trade debtors 5,447 105,519
Other debtors 8,903 24,467
14,350 129,986

6. Creditors: amounts falling due within one year
31/5/25 31/5/24
£    £   
Trade creditors 22,061 13,849
Amounts owed to group undertakings 22,594 179,178
Taxation and social security 1,585 2,243
Other creditors 23,083 14,298
69,323 209,568

7. Related party disclosures

During the year the company had the following transactions with other companies within the group:-

a) rent and services purchased from Roozen Flowerbulb Group BV £25,000 ( 2024 - £25,000 )
b) net purchases of goods and services from M Thoolen BV £703,210 ( 2024 - £606,363 )
c) sales of fixtures, fittings and equipment to M Thoolen BV £100,000 ( 2024 - £Nil ).

The above transactions were on normal commercial terms.

At the year end date the amounts due to and from other group companies are as disclosed in notes 7 and 8 to the financial statements.

8. Ultimate controlling party

The company is 100% owned by Roozen Flowerbulb Group BV, a company incorporated in the Netherlands. A copy of its financial statements may be obtained from the company's registered office at Hofgeestereinde 22, 1991 AX Velserbroek, The Netherlands.

The company is ultimately controlled by Mr W L N Roozen, a director of both the company and Roozen Flowerbulb Group BV.