C & D King Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01774732 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

C & D King Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C J A King

D M King

S R King

SECRETARY:

D M King

REGISTERED OFFICE:

Unit 15

Havenbury Estate

Station Road

Dorking

Surrey

RH4 1ES

REGISTERED NUMBER:

01774732 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Tangible assets

5

4,003

4,227

CURRENT ASSETS

Stocks

227,446

271,532

Debtors

6

811,320

806,565

Cash at bank

60,116

36,652

1,098,882

1,114,749

CREDITORS

Amounts falling due within one year

7

510,195

502,475

NET CURRENT ASSETS

588,687

612,274

TOTAL ASSETS LESS CURRENT
LIABILITIES

592,690

616,501

CREDITORS

Amounts falling due after more than one year

8

152,772

183,648

NET ASSETS

439,918

432,853

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

439,916

432,851

SHAREHOLDERS' FUNDS

439,918

432,853

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 directors acknowledge their 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 Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

C J A King - Director

S R King - Director

1.	STATUTORY INFORMATION

C & D King 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

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

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

At each reporting date, assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and an impairment loss is recognised immediately in the income statement.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value. Cost of finished goods and work in progress includes overheads appropriate to the stage of manufacture. Net realisable value is based upon estimated selling price less further costs expected to be incurred to completion and disposal. Provision is made for obsolete and slow-moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 April 2024

54,351

2,894

57,245

Additions

1,111

-

1,111

At 31 March 2025

55,462

2,894

58,356

DEPRECIATION

At 1 April 2024

50,191

2,827

53,018

Charge for year

1,318

17

1,335

At 31 March 2025

51,509

2,844

54,353

NET BOOK VALUE

At 31 March 2025

3,953

50

4,003

At 31 March 2024

4,160

67

4,227

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

1,464

2,414

Amounts owed by group undertakings

732,608

777,335

Other debtors

61,988

5,173

Prepayments

15,260

21,643

811,320

806,565

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

10,000

Other loans < 1 year

31,966

Trade creditors

8,421

7,373

Social security and other taxes

5,125

2,837

VAT

11,808

3,812

Other creditors

247

226

Directors' current accounts

439,628

Accrued expenses

3,000

6,633

510,195

502,475

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans 2-5 years

3,333

13,333

Other loans 2-5 years

127,866

Other loans > 5 years

21,573

42,449

152,772

183,648

Amounts falling due in more than five years:

Repayable by instalments

Other loans > 5 years

21,573

42,449

9.	RELATED PARTY DISCLOSURES

A loan of £250,000.00 was provided for on 21st July 2023 by a family member to a director, in order to purchase the Gatwick Metro Centre, an asset held in the parent company Cityrealm Ltd. The loan is payable over a term of 94 months, the implicit rate of interest on this loan is nil..

10.	ULTIMATE CONTROLLING PARTY

The immediate parent company, Cityrealm Limited, is under the control of the directors, C J A King, D M King and S R King.