Company registration number 11271326 (England and Wales)
ANDY KEMP LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
ANDY KEMP LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
ANDY KEMP LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
6,080
7,502
Current assets
Debtors
4
36,383
21,386
Cash at bank and in hand
40,711
43,149
77,094
64,535
Creditors: amounts falling due within one year
5
(30,087)
(26,483)
Net current assets
47,007
38,052
Total assets less current liabilities
53,087
45,554
Provisions for liabilities
(866)
(1,482)
Net assets
52,221
44,072
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
52,121
43,972
Total equity
52,221
44,072

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 5 November 2025 and are signed on its behalf by:
Mr A E Kemp
Director
Company registration number 11271326 (England and Wales)
ANDY KEMP LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Andy Kemp Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 4b Church Street, Diss, Norfolk, IP22 4DD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% reducing balance
Computers
20% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

ANDY KEMP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense.

ANDY KEMP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and equipment
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 1 April 2024
15,716
583
11,287
27,586
Additions
250
-
0
-
0
250
At 31 March 2025
15,966
583
11,287
27,836
Depreciation and impairment
At 1 April 2024
10,660
399
9,025
20,084
Depreciation charged in the year
1,060
46
566
1,672
At 31 March 2025
11,720
445
9,591
21,756
Carrying amount
At 31 March 2025
4,246
138
1,696
6,080
At 31 March 2024
5,056
184
2,262
7,502
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,404
11,020
Other debtors
34,979
10,366
36,383
21,386
ANDY KEMP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
3,505
3,505
Corporation tax
4,636
730
Other taxation and social security
797
2,616
Directors' loan accounts
18,554
18,132
Other creditors
2,595
1,500
30,087
26,483

The directors' loan accounts are unsecured, interest-free and repayable on demand.

6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
7
Directors' transactions

Dividends totalling £9,600 (2024 - £9,600) were paid in the year in respect of shares held by the company's directors.

2025-03-31 2024-04-01 false false false 07 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr A E Kemp Mrs L A Kemp 11271326 2024-04-01 2025-03-31 11271326 2025-03-31 11271326 2024-03-31 11271326 core:PlantMachinery 2025-03-31 11271326 core:ComputerEquipment 2025-03-31 11271326 core:MotorVehicles 2025-03-31 11271326 core:PlantMachinery 2024-03-31 11271326 core:ComputerEquipment 2024-03-31 11271326 core:MotorVehicles 2024-03-31 11271326 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11271326 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 11271326 core:WithinOneYear 2025-03-31 11271326 core:WithinOneYear 2024-03-31 11271326 core:ShareCapital 2025-03-31 11271326 core:ShareCapital 2024-03-31 11271326 core:RetainedEarningsAccumulatedLosses 2025-03-31 11271326 core:RetainedEarningsAccumulatedLosses 2024-03-31 11271326 core:ShareCapitalOrdinaryShareClass1 2025-03-31 11271326 core:ShareCapitalOrdinaryShareClass1 2024-03-31 11271326 bus:Director1 2024-04-01 2025-03-31 11271326 core:PlantMachinery 2024-04-01 2025-03-31 11271326 core:ComputerEquipment 2024-04-01 2025-03-31 11271326 core:MotorVehicles 2024-04-01 2025-03-31 11271326 2023-04-01 2024-03-31 11271326 core:PlantMachinery 2024-03-31 11271326 core:ComputerEquipment 2024-03-31 11271326 core:MotorVehicles 2024-03-31 11271326 2024-03-31 11271326 core:CurrentFinancialInstruments 2025-03-31 11271326 core:CurrentFinancialInstruments 2024-03-31 11271326 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 11271326 bus:OrdinaryShareClass1 2025-03-31 11271326 bus:OrdinaryShareClass1 2024-03-31 11271326 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11271326 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11271326 bus:FRS102 2024-04-01 2025-03-31 11271326 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11271326 bus:Director2 2024-04-01 2025-03-31 11271326 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP