Kerr Office Group Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 03990909

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		96,533		108,078

			96,533		108,078
CURRENT ASSETS
Stocks	5	166,833		117,707
Debtors	6	837,311		1,351,013
Cash at bank and in hand		444,387		434,014

		1,448,531		1,902,734
Creditors: Amounts Falling Due Within One Year	7	(560,752 )		(571,016 )

NET CURRENT ASSETS (LIABILITIES)			887,779		1,331,718

TOTAL ASSETS LESS CURRENT LIABILITIES			984,312		1,439,796

Creditors: Amounts Falling Due After More Than One Year	8		(50,676 )		(70,833 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	10		(24,134 )		(27,019 )

NET ASSETS			909,502		1,341,944

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			909,402		1,341,844

SHAREHOLDERS' FUNDS			909,502		1,341,944

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Kerr Office Group Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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

Mr Jonathan Kerr

Director

28 September 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Kerr Office Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03990909 . The registered office is Unit 6 Glenmore Business Park Southmead Close, Westmead, Swindon, SN5 7FP.

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.

2.3. Tangible Fixed Assets and Depreciation

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

Plant & Machinery	Straight Line over 5 years
Motor Vehicles	Straight Line over 5 years
Fixtures & Fittings	Straight Line over 5 years

2.4. Leasing and Hire Purchase Contracts

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.5. 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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing

stocks to their present location and condition.

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 21 (2023: 28)

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Kerr Office Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2024	15,115	71,673	159,274	246,062
Additions	-	36,740	-	36,740
Disposals	-	(23,957 )	-	(23,957 )

As at 31 December 2024	15,115	84,456	159,274	258,845

Depreciation
As at 1 January 2024	8,456	34,513	95,015	137,984
Provided during the period	2,875	15,339	29,895	48,109
Disposals	-	(23,781 )	-	(23,781 )

As at 31 December 2024	11,331	26,071	124,910	162,312

Net Book Value
As at 31 December 2024	3,784	58,385	34,364	96,533

As at 1 January 2024	6,659	37,160	64,259	108,078

5. Stocks

	2024	2023
	£	£
Stock	166,833	117,707

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	130,417	624,083
Amounts recoverable on contracts	61,712	23,214
Prepayments and accrued income	23,524	13,436
Other debtors	20,000	9,478
Corporation tax due	77,303	-
S455 Tax due	147,819	147,819
Directors' loan accounts	376,536	532,983

	837,311	1,351,013

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Kerr Office Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	5,815	-
Trade creditors	118,939	158,635
Bank loans and overdrafts	50,000	50,000
Social security and other taxes	16,600	30,525
VAT	103,216	231,703
Other creditors	62,134	76,653
Directors' loan account	368	57
Retention creditor	51,662	-
Accrued expenses	152,018	23,443

	560,752	571,016

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	29,843	-
Bank loans 1-2 years	20,833	50,000
Bank loans 2-5 years	-	20,833

	50,676	70,833

9. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	5,815	-
Later than five years	29,843	-

	35,658	-

	35,658	-

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Kerr Office Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

10. Deferred Taxation

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.

	2024	2023
	£	£
Other timing differences	24,134	27,019

11. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

12. Pension Commitments

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.

13. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Jonathan Kerr	532,983	96,188	(252,635 )	-	376,536

The above loan is unsecured, interest free and repayable on demand.