ACCOUNTS - Final Accounts

Company registration number: 01009757

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	KINGSTONS HOMES LIMITED


KINGSTONS HOMES LIMITED

COMPANY INFORMATION

Directors	P Hickman
	T P Hickman
	Mrs P H Hickman


Registered number	01009757


Registered office	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


Bankers	Barclays Bank Plc
	6 Clarence Street
	Kingston upon Thames
	Surrey
	KT1 1NY


KINGSTONS HOMES LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 5


KINGSTONS HOMES LIMITED REGISTERED NUMBER:01009757

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		663		1,082
			663		1,082
Current assets
Stocks		329,408		339,844
Debtors: amounts falling due within one year	5	108,266		94,659
Cash at bank and in hand		39,569		38,870
		477,243		473,373
Creditors: amounts falling due within one year	6	(41,802)		(46,374)
Net current assets			435,441		426,999
Total assets less current liabilities			436,104		428,081

Net assets			436,104		428,081

Capital and reserves
Called up share capital	711	711
Profit and loss account	435,393	427,370
	436,104	428,081

Page 1


KINGSTONS HOMES LIMITED REGISTERED NUMBER:01009757

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

T P Hickman

Director

Date: 3 December 2025

Page 2


KINGSTONS HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Kingstons Homes Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office is shown on the company information page. The company's principal place of business is Upper Floor, Unit 14 Princeton Mews, 167-169 London Road, Kingston upon Thames, Surrey KT2 6PT.
The Company's functional and presentational currency is GBP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Turnover

The turnover shown in the profit and loss account represents amounts receivable for the year, exclusive of Value Added Tax.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Other fixed assets

33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3


KINGSTONS HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Stocks is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any of foreseeable losses where appropriate.

2.6

Post retirement benefits

The company has agreed to provide certain additional post-retirement benefits to selected senior employees. The estimated cost of providing such benefits is charged against profits on a systematic basis over the employees' working lives within the company.

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 -3).

4.	Tangible fixed assets

		Other fixed assets
		£
	Cost or valuation
	At 1 April 2024	1,256
	At 31 March 2025	1,256
	Depreciation
	At 1 April 2024	174
	Charge for the year on owned assets	419
	At 31 March 2025	593
	Net book value
	At 31 March 2025	663
	At 31 March 2024	1,082

Page 4


KINGSTONS HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Trade debtors	5,834	4,952
Other debtors	102,432	89,707
	108,266	94,659

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	2,345	2,227
Other taxation and social security	427	307
Other creditors	30,871	36,713
Accruals and deferred income	8,159	7,127
	41,802	46,374

Page 5