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REGISTERED NUMBER: 03943141 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KINGSCOTE JOINERY LTD

KINGSCOTE JOINERY LTD (REGISTERED NUMBER: 03943141)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KINGSCOTE JOINERY LTD

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTOR: L S Muhs





SECRETARY: Mrs S E Muhs





REGISTERED OFFICE: Marlbridge House
Enterprise Way
Edenbridge
Kent
TN8 6HF





REGISTERED NUMBER: 03943141 (England and Wales)





ACCOUNTANTS: WBD Accountants Limited
Marlbridge House
Enterprise Way
Edenbridge
Kent
TN8 6HF

KINGSCOTE JOINERY LTD (REGISTERED NUMBER: 03943141)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 10,115 13,487
10,115 13,487

CURRENT ASSETS
Stocks 4,500 4,500
Debtors 6 17,273 20,709
Cash at bank and in hand 118,098 161,264
139,871 186,473
CREDITORS
Amounts falling due within one year 7 34,779 31,348
NET CURRENT ASSETS 105,092 155,125
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,207

168,612

PROVISIONS FOR LIABILITIES - 179
NET ASSETS 115,207 168,433

CAPITAL AND RESERVES
Called up share capital 45,000 45,000
Retained earnings 8 70,207 123,433
SHAREHOLDERS' FUNDS 115,207 168,433

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

KINGSCOTE JOINERY LTD (REGISTERED NUMBER: 03943141)

BALANCE SHEET - continued
31 March 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 director and authorised for issue on 29 August 2025 and were signed by:





L S Muhs - Director


KINGSCOTE JOINERY LTD (REGISTERED NUMBER: 03943141)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Kingscote Joinery 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.
Plant and machinery etc - 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.

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.

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.

KINGSCOTE JOINERY LTD (REGISTERED NUMBER: 03943141)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 50,000
AMORTISATION
At 1 April 2024
and 31 March 2025 50,000
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 23,999 4,367 37,745 66,111
DEPRECIATION
At 1 April 2024 21,236 4,367 27,021 52,624
Charge for year 691 - 2,681 3,372
At 31 March 2025 21,927 4,367 29,702 55,996
NET BOOK VALUE
At 31 March 2025 2,072 - 8,043 10,115
At 31 March 2024 2,763 - 10,724 13,487

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 16,883 20,319
Other debtors 390 390
17,273 20,709

KINGSCOTE JOINERY LTD (REGISTERED NUMBER: 03943141)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 9,323 9,848
Taxation and social security 16,347 13,173
Other creditors 9,109 8,327
34,779 31,348

8. RESERVES
Retained
earnings
£   

At 1 April 2024 123,433
Deficit for the year (53,226 )
At 31 March 2025 70,207