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Registered number: 02830425
Kent Flush Doors & Joinery Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Bowyer Pounds & Co
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 02830425
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 73,755 87,408
73,755 87,408
CURRENT ASSETS
Stocks 5 48,350 76,841
Debtors 6 198,788 122,506
Cash at bank and in hand 655,918 672,153
903,056 871,500
Creditors: Amounts Falling Due Within One Year 7 (484,500 ) (558,871 )
NET CURRENT ASSETS (LIABILITIES) 418,556 312,629
TOTAL ASSETS LESS CURRENT LIABILITIES 492,311 400,037
PROVISIONS FOR LIABILITIES
Deferred Taxation (18,439 ) (21,852 )
NET ASSETS 473,872 378,185
CAPITAL AND RESERVES
Called up share capital 8 250 250
Income Statement 473,622 377,935
SHAREHOLDERS' FUNDS 473,872 378,185
Page 1
Page 2
For the year ending 31 July 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 Income Statement.
On behalf of the board
Mr Robert Foster
Director
18/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Kent Flush Doors & Joinery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02830425 . The registered office is 76 Glebe Lane, Barming, Maidstone, Kent, ME16 9BD.
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:
Plant & Machinery 15% reducing balance basis
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 25% reducing balance basis
Computer Equipment 25% reducing balance basis
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. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
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. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.6. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 16)
13 16
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2024 229,865 33,250 28,115 19,983 311,213
Additions 1,953 - - 1,013 2,966
As at 31 July 2025 231,818 33,250 28,115 20,996 314,179
Depreciation
As at 1 August 2024 173,938 19,223 17,798 12,846 223,805
Provided during the period 8,578 3,507 2,580 1,954 16,619
As at 31 July 2025 182,516 22,730 20,378 14,800 240,424
Net Book Value
As at 31 July 2025 49,302 10,520 7,737 6,196 73,755
As at 1 August 2024 55,927 14,027 10,317 7,137 87,408
5. Stocks
2025 2024
£ £
Stock 33,350 41,841
Work in progress 15,000 35,000
48,350 76,841
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 198,520 122,232
Other debtors 268 274
198,788 122,506
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 78,905 161,168
Amounts owed to group undertakings 226,495 277,344
Other creditors 8,494 14,652
Taxation and social security 170,606 105,707
484,500 558,871
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 250 250
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