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REGISTERED NUMBER: 04518857 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

B & T KITSON LIMITED

B & T KITSON LIMITED (REGISTERED NUMBER: 04518857)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 9

B & T KITSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: Mr A Kitson



REGISTERED OFFICE: 14-15 Harelands Courtyard Offices
Melsonby
Richmond
North Yorkshire
DL10 5NY



REGISTERED NUMBER: 04518857 (England and Wales)



ACCOUNTANTS: Momentum Taxation and Accountancy Ltd
Harelands Courtyard Offices
Moor Road
Melsonby
Richmond
North Yorkshire
DL10 5NY



BANKERS: Bank of Scotland
600 Gorgie Road
Edinburgh
EH11 3XP

B & T KITSON LIMITED (REGISTERED NUMBER: 04518857)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,048,292 1,597,891
2,048,292 1,597,891

CURRENT ASSETS
Stocks 108,529 208,400
Debtors 6 1,731,929 1,523,667
Investments 7 100 100
Cash at bank and in hand 672,416 428,595
2,512,974 2,160,762
CREDITORS
Amounts falling due within one year 8 466,927 597,777
NET CURRENT ASSETS 2,046,047 1,562,985
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,094,339

3,160,876

PROVISIONS FOR LIABILITIES 166,833 85,569
NET ASSETS 3,927,506 3,075,307

B & T KITSON LIMITED (REGISTERED NUMBER: 04518857)

BALANCE SHEET - continued
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,927,406 3,075,207
SHAREHOLDERS' FUNDS 3,927,506 3,075,307

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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 Income Statement has not been delivered.

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





Mr A Kitson - Director


B & T KITSON LIMITED (REGISTERED NUMBER: 04518857)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

B & T Kitson 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.

Preparation of consolidated financial statements
The financial statements contain information about B & T Kitson Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 5% on cost
Improvements to property - 5% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 15% 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.


B & T KITSON LIMITED (REGISTERED NUMBER: 04518857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


2. ACCOUNTING POLICIES - continued
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.

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.

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 46 (2023 - 42 ) .

B & T KITSON LIMITED (REGISTERED NUMBER: 04518857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 60,000
AMORTISATION
At 1 December 2023
and 30 November 2024 60,000
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 December 2023 940,152 639,692 638,968
Additions - 59,261 373,308
At 30 November 2024 940,152 698,953 1,012,276
DEPRECIATION
At 1 December 2023 18,803 275,979 402,313
Charge for year 18,803 29,450 31,262
At 30 November 2024 37,606 305,429 433,575
NET BOOK VALUE
At 30 November 2024 902,546 393,524 578,701
At 30 November 2023 921,349 363,713 236,655

B & T KITSON LIMITED (REGISTERED NUMBER: 04518857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


5. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023 149,960 114,721 3,066 2,486,559
Additions 30,425 115,000 832 578,826
At 30 November 2024 180,385 229,721 3,898 3,065,385
DEPRECIATION
At 1 December 2023 118,985 70,594 1,994 888,668
Charge for year 11,049 37,575 286 128,425
At 30 November 2024 130,034 108,169 2,280 1,017,093
NET BOOK VALUE
At 30 November 2024 50,351 121,552 1,618 2,048,292
At 30 November 2023 30,975 44,127 1,072 1,597,891

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 16,111
Amounts owed by group undertakings 1,448,779 1,116,465
Other debtors 283,150 391,091
1,731,929 1,523,667

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Shares in group undertakings 100 100

B & T KITSON LIMITED (REGISTERED NUMBER: 04518857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 184,724 445,688
Taxation and social security 266,913 144,779
Other creditors 15,290 7,310
466,927 597,777

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
Mr A Kitson
Balance outstanding at start of year 371,018 106,958
Amounts advanced 384,374 467,375
Amounts repaid (654,091 ) (203,315 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 101,301 371,018

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
B & T KITSON LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of B & T Kitson Limited for the year ended 30 November 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of B & T Kitson Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of B & T Kitson Limited and state those matters that we have agreed to state to the director of B & T Kitson Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/gb/en/technical-activities/technical-resources-
search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that B & T Kitson Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of B & T Kitson Limited. You consider that B & T Kitson Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of B & T Kitson Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Momentum Taxation and Accountancy Ltd
Harelands Courtyard Offices
Moor Road
Melsonby
Richmond
North Yorkshire

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
B & T KITSON LIMITED


DL10 5NY


Date: .............................................