REGISTERED NUMBER: 10837602 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

KINGSNORTH LEGAL COSTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D M Naisbitt

Mrs M D Naisbitt

REGISTERED OFFICE:

9 Shipley Mill Close

Kingsnorth

Ashford

Kent

TN23 3NR

REGISTERED NUMBER:

10837602 (England and Wales)

ACCOUNTANTS:

SHPD Accountants

10 Littlebourne Road

Maidstone

Kent

ME14 5QP

FIXED ASSETS

Tangible assets

4

1,194

1,245

CURRENT ASSETS

Stocks

6,125

7,350

Debtors

5

9,576

2,790

Prepayments and accrued income

5,653

6,278

Cash at bank

36,161

50,176

57,515

66,594

CREDITORS

Amounts falling due within one year

6

9,827

14,721

NET CURRENT ASSETS

47,688

51,873

TOTAL ASSETS LESS CURRENT LIABILITIES

48,882

53,118

PROVISIONS FOR LIABILITIES

227

237

NET ASSETS

48,655

52,881

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

48,555

52,781

48,655

52,881

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 13 September 2025 and were signed on its behalf by:

D M Naisbitt - Director

Mrs M D Naisbitt - Director

1.	STATUTORY INFORMATION

Kingsnorth Legal Costs 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

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

4,478

Additions

781

Disposals

(1,189

)

At 30 June 2025

4,070

DEPRECIATION

At 1 July 2024

3,233

Charge for year

653

Eliminated on disposal

(1,010

)

At 30 June 2025

2,876

NET BOOK VALUE

At 30 June 2025

1,194

At 30 June 2024

1,245

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,576

2,790

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

94

94

Taxation and social security

9,018

10,152

Other creditors

715

4,475

9,827

14,721

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £34,999 (2024 - £25,260) were paid to the directors .

As at the balance sheet date, a balance of £120 (2024 - £2,000) was owed to Mr D M Naisbitt. This balance is interest free, unsecured and repayable on demand.

As at the balance sheet date, a balance of £120 (2024 - £2,000) was owed to Mrs M D Naisbitt. This balance is interest free, unsecured and repayable on demand.

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr D Naisbitt and Mrs M Naisbitt by virtue of their 100% shareholding.