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Registration number: 04667102

A & S Kingdon Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 28 February 2025

A & S Kingdon Limited

Contents

Company Information | 1
Abridged Balance Sheet | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 8

A & S Kingdon Limited

Company Information

Directors | Mr Christopher John Kingdon Mrs Susan June Kingdon Mr Alan Kingdon

Company secretary | Mrs Susan June Kingdon

Registered office | 60 Temple Street Sidmouth EX10 9BQ

Accountants | Easterbrook Eaton Limited Chartered AccountantsCosmopolitan House Old Fore Street Sidmouth Devon EX10 8LS

A & S Kingdon Limited

(Registration number: 04667102)
Abridged Balance Sheet as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 200 | 400
Tangible assets | 5 | 589,691 | 209,864
|  | 589,891 | 210,264
Current assets |  |  |
Stocks |  | 170,780 | 205,688
Debtors |  | 147,628 | 148,367
Cash at bank and in hand |  | 537,354 | 522,096
|  | 855,762 | 876,151
Prepayments and accrued income |  | 16,580 | 13,550
Creditors: Amounts falling due within one year |  | (257,482) | (174,173)
Net current assets |  | 614,860 | 715,528
Total assets less current liabilities |  | 1,204,751 | 925,792
Provisions for liabilities |  | (35,835) | (25,157)
Accruals and deferred income |  | (3,812) | (3,887)
Net assets |  | 1,165,104 | 896,748
Capital and reserves |  |  |
Called up share capital | 6 | 10 | 10
Retained earnings |  | 1,165,094 | 896,738
Shareholders' funds |  | 1,165,104 | 896,748

For the financial year ending 28 February 2025 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 October 2025 and signed on its behalf by:

A & S Kingdon Limited

(Registration number: 04667102)
Abridged Balance Sheet as at 28 February 2025

......................................... Mr Christopher John Kingdon Director
......................................... Mrs Susan June Kingdon Company secretary and director
......................................... Mr Alan Kingdon Director

A & S Kingdon Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
60 Temple Street
Sidmouth
EX10 9BQ

These financial statements were authorised for issue by the Board on 28 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

A & S Kingdon Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold Property | 4% p.a. flat rate basis
Fixtures Fittings and Equipment | 10% p.a. on written down value
Motor Vehicles | 20% p.a. on written down value

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 10% p.a. on flat rate basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

A & S Kingdon Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 18 (2024 - 17).

A & S Kingdon Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

4 | Intangible assets

| Total £
Cost or valuation
At 1 March 2024 | 2,000
At 28 February 2025 | 2,000
Amortisation
At 1 March 2024 | 1,600
Amortisation charge | 200
At 28 February 2025 | 1,800
Carrying amount
At 28 February 2025 | 200
At 29 February 2024 | 400

5 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 March 2024 | 112,719 | 31,181 | 287,341 | 431,241
Additions | 353,502 | 2,025 | 137,383 | 492,910
Disposals | - | - | (87,807) | (87,807)
At 28 February 2025 | 466,221 | 33,206 | 336,917 | 836,344
Depreciation
At 1 March 2024 | 35,260 | 18,038 | 168,079 | 221,377
Charge for the year | 18,649 | 1,517 | 40,930 | 61,096
Eliminated on disposal | - | - | (35,820) | (35,820)
At 28 February 2025 | 53,909 | 19,555 | 173,189 | 246,653
Carrying amount
At 28 February 2025 | 412,312 | 13,651 | 163,728 | 589,691
At 29 February 2024 | 77,459 | 13,143 | 119,262 | 209,864

Included within the net book value of land and buildings above is £412,312 (2024 - £77,459) in respect of freehold land and buildings.

A & S Kingdon Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2025

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £0.01 each | 1,000 | 10 | 1,000 | 10