REGISTERED NUMBER: 04678725 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

H KEMP & SON LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

8

DIRECTORS:

D Kemp

Mrs E A Kemp

Mrs F C Kemp

REGISTERED OFFICE:

259 Hallgate

Cottingham

E. Yorks

HU16 4BG

REGISTERED NUMBER:

04678725 (England and Wales)

ACCOUNTANTS:

Majors Limited

57 Spyvee Street

Hull

E. Yorks

HU8 7JJ

FIXED ASSETS

Intangible assets

4

1,413

1,344

Tangible assets

5

149,016

205,744

150,429

207,088

CURRENT ASSETS

Stocks

6,941

5,707

Debtors

6

27,374

45,968

Cash at bank

130,603

158,656

164,918

210,331

CREDITORS

Amounts falling due within one year

7

176,294

168,652

NET CURRENT (LIABILITIES)/ASSETS

(11,376

)

41,679

TOTAL ASSETS LESS CURRENT LIABILITIES

139,053

248,767

CREDITORS

Amounts falling due after more than one year

8

(6,364

)

(20,623

)

PROVISIONS FOR LIABILITIES

(31,247

)

(38,590

)

NET ASSETS

101,442

189,554

CAPITAL AND RESERVES

Called up share capital

122

122

Retained earnings

101,320

189,432

SHAREHOLDERS' FUNDS

101,442

189,554

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 5 December 2025 and were signed on its behalf by:

D Kemp - Director

Mrs E A Kemp - Director

Mrs F C Kemp - Director

1.	STATUTORY INFORMATION

H Kemp & Son 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.

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 the total amount receivable by the company for goods and services provided, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Intangible fixed assets

The cost of the company's website has been capitalised and is being amortised on a straight line basis over five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on cost, 20% on cost and 10% on cost

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.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 15 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

3,179

Additions

594

At 31 March 2025

3,773

AMORTISATION

At 1 April 2024

1,835

Charge for year

525

At 31 March 2025

2,360

NET BOOK VALUE

At 31 March 2025

1,413

At 31 March 2024

1,344

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

34,276

31,185

11,454

Additions

1,680

5,549

-

Disposals

-

-

-

At 31 March 2025

35,956

36,734

11,454

DEPRECIATION

At 1 April 2024

20,967

23,639

7,979

Charge for year

3,956

2,062

973

Eliminated on disposal

-

-

-

At 31 March 2025

24,923

25,701

8,952

NET BOOK VALUE

At 31 March 2025

11,033

11,033

2,502

At 31 March 2024

13,309

7,546

3,475

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

218,700

4,018

299,633

Additions

-

449

7,678

Disposals

(28,800

)

-

(28,800

)

At 31 March 2025

189,900

4,467

278,511

DEPRECIATION

At 1 April 2024

38,565

2,739

93,889

Charge for year

38,460

715

46,166

Eliminated on disposal

(10,560

)

-

(10,560

)

At 31 March 2025

66,465

3,454

129,495

NET BOOK VALUE

At 31 March 2025

123,435

1,013

149,016

At 31 March 2024

180,135

1,279

205,744

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

218,700

Disposals

(28,800

)

At 31 March 2025

189,900

DEPRECIATION

At 1 April 2024

38,565

Charge for year

38,460

Eliminated on disposal

(10,560

)

At 31 March 2025

66,465

NET BOOK VALUE

At 31 March 2025

123,435

At 31 March 2024

180,135

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

18,459

44,467

Other debtors

7,331

-

Prepayments and accrued income

1,584

1,501

27,374

45,968

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

14,259

32,339

Trade creditors

1,423

1,814

Tax

16,243

12,850

Social security and other taxes

3,547

1,453

Other creditors

366

364

Directors' loan accounts

114,442

99,263

Accruals and deferred income

26,014

20,569

176,294

168,652

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

6,364

20,623