REGISTERED NUMBER: 03737039 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

K.C. Car Sales (Kent) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr K Crisford

REGISTERED OFFICE:

Broom House

39/43 London Road

Hadleigh

Benfleet

Essex

SS7 2QL

REGISTERED NUMBER:

03737039 (England and Wales)

ACCOUNTANTS:

BPSL

Brooms Professional Services Limited

Chartered Certified Accountants

Broom House

39/43 London Road

Hadleigh, Benfleet

Essex

SS7 2QL

FIXED ASSETS

Tangible assets

4

885,031

884,553

Investment property

5

2,050,000

2,050,000

2,935,031

2,934,553

CURRENT ASSETS

Stocks

6

2,288,763

2,327,598

Debtors

7

46,588

58,205

Cash in hand

4,066

16,539

2,339,417

2,402,342

CREDITORS

Amounts falling due within one year

8

685,026

799,269

NET CURRENT ASSETS

1,654,391

1,603,073

TOTAL ASSETS LESS CURRENT LIABILITIES

4,589,422

4,537,626

CREDITORS

Amounts falling due after more than one year

9

(1,302,212

)

(1,414,398

)

PROVISIONS FOR LIABILITIES

(198,261

)

(198,261

)

NET ASSETS

3,088,949

2,924,967

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

11

594,783

594,783

Retained earnings

2,494,066

2,330,084

3,088,949

2,924,967

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3 December 2025 and were signed by:

Mr K Crisford - Director

1.	STATUTORY INFORMATION

K.C. Car Sales (Kent) Limited 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 as modified by the revaluation of certain assets.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

667,468

460,325

193,235

Additions

-

-

-

At 31 March 2025

667,468

460,325

193,235

DEPRECIATION

At 1 April 2024

-

303,881

175,592

Charge for year

-

39,111

4,411

At 31 March 2025

-

342,992

180,003

NET BOOK VALUE

At 31 March 2025

667,468

117,333

13,232

At 31 March 2024

667,468

156,444

17,643

Motor

vehicles

Equipment

Totals

£

£

£

COST

At 1 April 2024

41,350

19,206

1,381,584

Additions

73,000

-

73,000

At 31 March 2025

114,350

19,206

1,454,584

DEPRECIATION

At 1 April 2024

10,338

7,220

497,031

Charge for year

26,003

2,997

72,522

At 31 March 2025

36,341

10,217

569,553

NET BOOK VALUE

At 31 March 2025

78,009

8,989

885,031

At 31 March 2024

31,012

11,986

884,553

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

2,050,000

NET BOOK VALUE

At 31 March 2025

2,050,000

At 31 March 2024

2,050,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

2,050,000

6.

STOCKS

31.3.25

31.3.24

£

£

Stocks

2,288,763

2,327,598

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

20,338

30,792

Other debtors

20,000

20,000

Prepayments and accrued income

6,250

7,413

46,588

58,205

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts (see note 10)

372,747

366,895

Other loans (see note 10)

42,583

-

Hire purchase contracts

13,663

13,663

Trade creditors

110,513

199,467

Tax

113,395

120,605

Social security and other taxes

2,639

2,396

VAT

12,168

51,055

Other creditors

8,734

13,954

Pension fund

752

687

Directors' current accounts

3,332

8,497

Accrued expenses

4,500

22,050

685,026

799,269

Within creditors there are £1,766,481 Bank loans and overdrafts that are secured by the Freehold and Leasehold Properties on which the debts relate too. (2023: £1,797,403)

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 10)

1,301,063

1,399,586

Hire purchase contracts

1,149

14,812

1,302,212

1,414,398

10.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

275,421

272,177

Bank loans

97,326

94,718

Other loans

42,583

-

415,330

366,895

Amounts falling due between one and two years:

Bank loans - 1-2 years

76,089

84,420

Amounts falling due between two and five years:

Bank Loans

1,224,974

1,315,166

11.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

594,783