Kendray Construction Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08360082

KENDRAY CONSTRUCTION LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 May 2025

KENDRAY CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION

31 May 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		90,240		81,063

CURRENT ASSETS

Stocks		52,750	49,750
Debtors	6	763,769	656,089
Cash at bank and in hand		126,942	364,947
		---------	------------
		943,461	1,070,786

CREDITORS: amounts falling due within one year	7	760,746		906,253
		---------		------------
NET CURRENT ASSETS			182,715		164,533
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			272,955		245,596

CREDITORS: amounts falling due after more than one year	8		134,060		158,631

PROVISIONS	9,755	6,643
	---------	---------
NET ASSETS	129,140	80,322
	---------	---------

CAPITAL AND RESERVES

Called up share capital fully paid	100	100
Profit and loss account	129,040	80,222
	---------	--------
SHAREHOLDERS FUNDS	129,140	80,322
	---------	--------

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 May 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 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 .

KENDRAY CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 20 November 2025 , and are signed on behalf of the board by:

Mr J Howden	Mr J P Andrew
Director	Director

Company registration number: 08360082

KENDRAY CONSTRUCTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MAY 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Mill Farm Barn, Church Street, Wadenhoe, Northamptonshire, PE8 5ST.

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.

Revenue recognition

The turnover shown in the profit and loss account represents amounts receivable during the year, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

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 income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

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

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:

Plant and machinery	-	20% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	33% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

5. TANGIBLE ASSETS

	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 June 2024	5,750	10,264	150,308	30,844	197,166
Additions	1,300	–	46,290	302	47,892
Disposals	( 5,750)	( 1,889)	( 48,639)	–	( 56,278)
	-------	--------	---------	--------	---------
At 31 May 2025	1,300	8,375	147,959	31,146	188,780
	-------	--------	---------	--------	---------
Depreciation
At 1 June 2024	3,395	9,762	76,763	26,183	116,103
Charge for the year	731	110	29,959	2,236	33,036
Disposals	( 3,866)	( 1,888)	( 44,845)	–	( 50,599)
	-------	--------	---------	--------	---------
At 31 May 2025	260	7,984	61,877	28,419	98,540
	-------	--------	---------	--------	---------
Carrying amount
At 31 May 2025	1,040	391	86,082	2,727	90,240
	-------	--------	---------	--------	---------
At 31 May 2024	2,355	502	73,545	4,661	81,063
	-------	--------	---------	--------	---------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	706,252	586,172
Other debtors	57,517	69,917
	---------	---------
	763,769	656,089
	---------	---------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	64,398	86,018
Trade creditors	474,246	616,740
Social security and other taxes	54,668	47,318
Other creditors	167,434	156,177
	---------	---------
	760,746	906,253
	---------	---------

Included within other creditors are amounts of £29,252 (2024 - £14,927) relating to hire purchase contracts which are secured on the assets to which they relate.

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

	2025	2024
	£	£
Bank loans and overdrafts	63,820	102,791
Other creditors	70,240	55,840
	---------	---------
	134,060	158,631
	---------	---------

Included within other creditors are amounts of £70,240 (2024 - £55,840) relating to hire purchase contracts which are secured on the assets to which they relate.