Kemp retail Ltd

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

Registered number: 14754076

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		120,000		134,995
Tangible Assets	5		7,646		5,752

			127,646		140,747
CURRENT ASSETS
Stocks	6	96,000		93,190
Debtors	7	4,225		3,455
Cash at bank and in hand		34,508		43,227

		134,733		139,872
Creditors: Amounts Falling Due Within One Year	8	(303,272 )		(319,942 )

NET CURRENT ASSETS (LIABILITIES)			(168,539 )		(180,070 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(40,893 )		(39,323 )

NET LIABILITIES			(40,893 )		(39,323 )

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			(40,895 )		(39,325 )

SHAREHOLDERS' FUNDS			(40,893)		(39,323)

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Kemp retail Ltd

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

Mrs Alice Kemp

Director

22/12/2025

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

1. General Information

Kemp retail Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14754076 . The registered office is Evolution House Iceni Court, Delft Way, Norwich, Norfolk, NR6 6BB.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Intangible Fixed Assets and Amortisation - Intellectual Property

Intellectual property assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.5. 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:

Fixtures & Fittings	25% reducing balance
Computer Equipment	33.3% straight line

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Kemp retail Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Intangible Assets

	Goodwill	Intellectual Property	Total
	£	£	£
Cost
As at 1 April 2024	99,995	50,000	149,995

As at 31 March 2025	99,995	50,000	149,995

Amortisation
As at 1 April 2024	10,000	5,000	15,000
Provided during the period	9,995	5,000	14,995

As at 31 March 2025	19,995	10,000	29,995

Net Book Value
As at 31 March 2025	80,000	40,000	120,000

As at 1 April 2024	89,995	45,000	134,995

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	6,064	1,593	7,657
Additions	3,500	-	3,500

As at 31 March 2025	9,564	1,593	11,157

Depreciation
As at 1 April 2024	1,516	389	1,905
Provided during the period	1,075	531	1,606

As at 31 March 2025	2,591	920	3,511

Net Book Value
As at 31 March 2025	6,973	673	7,646

As at 1 April 2024	4,548	1,204	5,752

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Kemp retail Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Stocks

	31 March 2025	31 March 2024
	£	£
Stock	96,000	93,190

7. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Other debtors	4,225	3,455

8. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	7,504	8,330
Other creditors	294,234	306,644
Taxation and social security	1,534	4,968

	303,272	319,942

9. Share Capital

	31 March 2025	31 March 2024
	£	£
Allotted, Called up and fully paid	2	2

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