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Company Registration No. 04178204 (England and Wales)
T. B. Kitchener & Co. Ltd. Unaudited accounts for the year ended 31 March 2025
T. B. Kitchener & Co. Ltd. Unaudited accounts Contents
Page
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T. B. Kitchener & Co. Ltd. Company Information for the year ended 31 March 2025
Director
Mr P M Dollery
Company Number
04178204 (England and Wales)
Registered Office
7 Stephenson Road Washington NE37 3HR England
Accountants
Accountants For The Trade (Durham) Ltd Whitfield House St Johns Road Meadowfield Industrial Estate Durham DH7 8XL
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T. B. Kitchener & Co. Ltd. Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
278,039 
315,584 
Current assets
Inventories
- 
750 
Debtors
1,383,457 
1,456,586 
Cash at bank and in hand
208,770 
214,834 
1,592,227 
1,672,170 
Creditors: amounts falling due within one year
(329,551)
(411,365)
Net current assets
1,262,676 
1,260,805 
Total assets less current liabilities
1,540,715 
1,576,389 
Creditors: amounts falling due after more than one year
- 
(113,311)
Provisions for liabilities
Deferred tax
(52,827)
(59,961)
Net assets
1,487,888 
1,403,117 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,487,788 
1,403,017 
Shareholders' funds
1,487,888 
1,403,117 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 August 2025 and were signed on its behalf by
Mr P M Dollery Director Company Registration No. 04178204
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T. B. Kitchener & Co. Ltd. Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
T. B. Kitchener & Co. Ltd. is a private company, limited by shares, registered in England and Wales, registration number 04178204. The registered office is 7 Stephenson Road, Washington, NE37 3HR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
15% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Hire Purchase & Leasing Commitments
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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T. B. Kitchener & Co. Ltd. Notes to the Accounts for the year ended 31 March 2025
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
42,556 
563,448 
10,376 
616,380 
Additions
23,579 
3,600 
- 
27,179 
Disposals
- 
(8,000)
- 
(8,000)
At 31 March 2025
66,135 
559,048 
10,376 
635,559 
Depreciation
At 1 April 2024
13,798 
282,767 
4,231 
300,796 
Charge for the year
6,082 
56,180 
922 
63,184 
On disposals
- 
(6,460)
- 
(6,460)
At 31 March 2025
19,880 
332,487 
5,153 
357,520 
Net book value
At 31 March 2025
46,255 
226,561 
5,223 
278,039 
At 31 March 2024
28,758 
280,681 
6,145 
315,584 
2025 
2024 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
167,609 
209,511 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
223,283 
304,324 
Accrued income and prepayments
12,332 
5,260 
Other debtors
500 
500 
236,115 
310,084 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,147,342 
1,146,502 
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T. B. Kitchener & Co. Ltd. Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
53,867 
74,513 
VAT
34,509 
38,482 
Obligations under finance leases and hire purchase contracts
67,486 
84,256 
Trade creditors
36,060 
86,911 
Amounts owed to group undertakings and other participating interests
79,345 
71,133 
Taxes and social security
49,729 
46,862 
Other creditors
8,361 
8,888 
Accruals
194 
320 
329,551 
411,365 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
45,825 
Obligations under finance leases and hire purchase contracts
- 
67,486 
- 
113,311 
8
Average number of employees
During the year the average number of employees was 18 (2024: 18).
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