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REGISTERED NUMBER: 11140522 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

KINGFISHER ELECTRICS LTD

KINGFISHER ELECTRICS LTD (REGISTERED NUMBER: 11140522)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KINGFISHER ELECTRICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: S L Fisher





REGISTERED OFFICE: 15 West Street
Brighton
East Sussex
BN1 2RL





REGISTERED NUMBER: 11140522 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
15 West Street
Brighton
East Sussex
BN1 2RL

KINGFISHER ELECTRICS LTD (REGISTERED NUMBER: 11140522)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,914 11,884

CURRENT ASSETS
Stocks 1,800 1,800
Debtors 5 47,585 18,571
Cash at bank 90,725 76,828
140,110 97,199
CREDITORS
Amounts falling due within one year 6 102,944 71,474
NET CURRENT ASSETS 37,166 25,725
TOTAL ASSETS LESS CURRENT LIABILITIES 47,080 37,609

CREDITORS
Amounts falling due after more than one year 7 (2,744 ) (11,013 )

PROVISIONS FOR LIABILITIES 8 (2,478 ) (2,613 )
NET ASSETS 41,858 23,983

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 41,758 23,883
41,858 23,983

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2025 and were signed by:





S L Fisher - Director


KINGFISHER ELECTRICS LTD (REGISTERED NUMBER: 11140522)

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


1. STATUTORY INFORMATION

Kingfisher Electrics 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.

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 represents sales of services net of VAT. Turnover is recognised at the point the service is delivered to the customer.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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

The average number of employees during the year was 3 (2024 - 5 ) .

KINGFISHER ELECTRICS LTD (REGISTERED NUMBER: 11140522)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2024 4,375 2,235 31,155 2,310 40,075
Additions 465 - - 877 1,342
At 31 January 2025 4,840 2,235 31,155 3,187 41,417
DEPRECIATION
At 1 February 2024 2,814 1,408 21,990 1,979 28,191
Charge for year 478 207 2,290 337 3,312
At 31 January 2025 3,292 1,615 24,280 2,316 31,503
NET BOOK VALUE
At 31 January 2025 1,548 620 6,875 871 9,914
At 31 January 2024 1,561 827 9,165 331 11,884

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 45,127 15,504
Prepayments 2,458 3,067
47,585 18,571

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 8,098 7,773
Trade creditors 25,783 10,955
Tax 34,068 17,817
Social security and other taxes - (803 )
VAT 14,753 11,449
Other creditors 3,409 2,445
Directors' loan accounts 16,710 20,805
Accrued expenses 123 1,033
102,944 71,474

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 2,744 7,773
Bank loans - 2-5 years - 3,240
2,744 11,013

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 2,478 2,613

Deferred
tax
£   
Balance at 1 February 2024 2,613
Provided during year (135 )
Balance at 31 January 2025 2,478