REGISTERED NUMBER: 04612729 (England and Wales)

KEVIN SOUTHWELL LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

K A Southwell

Secretary:

Mrs D Southwell

Registered office:

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Registered number:

04612729 (England and Wales)

Accountants:

Roberts & Co

Chartered Accountants

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

1,255

1,672

1,255

1,672

Current assets

Stocks

80,000

70,000

Debtors

6

190,779

187,231

Cash at bank

5

789

270,784

258,020

Creditors

Amounts falling due within one year

7

262,562

246,647

Net current assets

8,222

11,373

Total assets less current liabilities

9,477

13,045

Creditors

Amounts falling due after more than one year

8

7,131

7,011

Net assets

2,346

6,034

Capital and reserves

Called up share capital

9

100

100

Retained earnings

2,246

5,934

Shareholders' funds

2,346

6,034

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 16 December 2025 and were signed by:

K A Southwell - Director

1.	Statutory information

Kevin Southwell Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

25% on reducing balance and not provided

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance 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.

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 6 (2024 - 6 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

150,000

Amortisation

At 1 April 2024

and 31 March 2025

150,000

Net book value

At 31 March 2025

-

At 31 March 2024

-

5.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 April 2024

and 31 March 2025

27,710

Depreciation

At 1 April 2024

26,038

Charge for year

417

At 31 March 2025

26,455

Net book value

At 31 March 2025

1,255

At 31 March 2024

1,672

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

5,490

18,083

Other debtors

185,289

169,148

190,779

187,231

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

33,584

42,659

Payments on account

90,025

25,749

Trade creditors

110,195

128,533

Taxation and social security

22,325

43,977

Other creditors

6,433

5,729

262,562

246,647

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other creditors

7,131

7,011

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

K A Southwell

Balance outstanding at start of year

112,990

133,755

Amounts advanced

47,066

99,235

Amounts repaid

(30,000

)

(120,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

130,056

112,990