Kens Motor Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02796295

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		253,647		256,240

			253,647		256,240
CURRENT ASSETS
Stocks	5	2,000		1,000
Debtors	6	7,500		3,085
Cash at bank and in hand		71,875		60,602

		81,375		64,687
Creditors: Amounts Falling Due Within One Year	7	(88,531 )		(36,482 )

NET CURRENT ASSETS (LIABILITIES)			(7,156 )		28,205

TOTAL ASSETS LESS CURRENT LIABILITIES			246,491		284,445

Creditors: Amounts Falling Due After More Than One Year	8		(92,511 )		(5,029 )

NET ASSETS			153,980		279,416

CAPITAL AND RESERVES
Called up share capital	9		200		200
Profit and Loss Account			153,780		279,216

SHAREHOLDERS' FUNDS			153,980		279,416

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Kens Motor Company Limited

Balance Sheet (continued)

As At 31 March 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr K J Leverton

Director

1 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Kens Motor Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02796295 . The registered office is 550 Valley Road, Nottiingham, NG5 1JJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No depreciation
Plant & Machinery	15% on cost
Motor Vehicles	25% on cost
Fixtures & Fittings	20% on cost
Computer Equipment	33% on cost

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

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

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 6)

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Kens Motor Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2024	250,000	82,575	78,178	450
Additions	-	358	-	-
Disposals	-	(12,222 )	-	-

As at 31 March 2025	250,000	70,711	78,178	450

Depreciation
As at 1 April 2024	-	76,801	78,178	42
Provided during the period	-	1,702	-	90
Disposals	-	(11,121 )	-	-

As at 31 March 2025	-	67,382	78,178	132

Net Book Value
As at 31 March 2025	250,000	3,329	-	318

As at 1 April 2024	250,000	5,774	-	408


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2024	208	411,411
Additions	-	358
Disposals	-	(12,222 )

As at 31 March 2025	208	399,547

Depreciation
As at 1 April 2024	150	155,171
Provided during the period	58	1,850
Disposals	-	(11,121 )

As at 31 March 2025	208	145,900

Net Book Value
As at 31 March 2025	-	253,647

As at 1 April 2024	58	256,240

5. Stocks

	2025	2024
	£	£
Stock	2,000	1,000

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Kens Motor Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	-	3,085
Other debtors (1)	7,500	-

	7,500	3,085

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	13,275	9,617
Corporation tax	10,968	6,435
Other taxes and social security	12,745	17,840
Other creditors (2)	113	90
Accruals and deferred income	2,500	2,500
Directors' loan accounts	48,930	-

	88,531	36,482

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	2,442	4,479
Other creditors	550	550
Other creditors (1)	89,519	-

	92,511	5,029

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

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