Kent Cottage Holidays Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11441476

Kent Cottage Holidays Ltd

Filleted Unaudited Financial Statements

31 December 2024

Kent Cottage Holidays Ltd

Financial Statements

Year ended 31 December 2024

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Kent Cottage Holidays Ltd

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	5	158,365	179,497

Current assets

Debtors	6	52,851	42,665
Cash at bank and in hand		350,949	361,674
		---------	---------
		403,800	404,339

Creditors: amounts falling due within one year	7	77,616	90,137
		---------	---------
Net current assets		326,184	314,202
		---------	---------
Total assets less current liabilities		484,549	493,699

Creditors: amounts falling due after more than one year	8	–	7,893

Provisions	7,068	15,741
	---------	---------
Net assets	477,481	470,065
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	477,381	469,965
	---------	---------
Shareholders funds	477,481	470,065
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Kent Cottage Holidays Ltd

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

Mr C L Whalley	Mrs M Whalley
Director	Director

Company registration number: 11441476

Kent Cottage Holidays Ltd

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Bridewell Park, Whitsable, Kent, CT5 1TP, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for when the stay occurred, stated net of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Short leasehold property	-	5% reducing balance
Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	20% reducing balance

	Equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).

5. Tangible assets

	Short leasehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Jan 2024	130,091	62,088	33,918	32,750	8,917	267,764
Additions	–	299	167	–	810	1,276
	---------	--------	--------	--------	-------	---------
At 31 Dec 2024	130,091	62,387	34,085	32,750	9,727	269,040
	---------	--------	--------	--------	-------	---------
Depreciation
At 1 Jan 2024	24,674	43,700	13,437	2,183	4,273	88,267
Charge for the year	5,271	4,670	5,131	6,113	1,223	22,408
	---------	--------	--------	--------	-------	---------
At 31 Dec 2024	29,945	48,370	18,568	8,296	5,496	110,675
	---------	--------	--------	--------	-------	---------
Carrying amount
At 31 Dec 2024	100,146	14,017	15,517	24,454	4,231	158,365
	---------	--------	--------	--------	-------	---------
At 31 Dec 2023	105,417	18,388	20,481	30,567	4,644	179,497
	---------	--------	--------	--------	-------	---------

6. Debtors

	2024	2023
	£	£
Other debtors	52,851	42,665
	--------	--------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	7,892	11,150
Trade creditors	3,744	4,762
Corporation tax	16,299	10,501
Social security and other taxes	6,880	7,528
Other creditors	42,801	56,196
	--------	--------
	77,616	90,137
	--------	--------

8. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	–	7,893
	----	-------

9. Directors' advances, credits and guarantees

At the year end the Directors owed the company £46,901 (2023: £37,756). During the year advances of £46,329 were made to the Directors and repayments of £38,000 were made by the Directors. Interest of £816 (2023: £522) was charged on this loan.