Company Registration No. 15299730 (England and Wales)
Kim & Terry Limited
Unaudited accounts
for the year ended 30 November 2025
Kim & Terry Limited
Unaudited accounts
Contents
Kim & Terry Limited
Company Information
for the year ended 30 November 2025
Directors
Kim Morrell
Terry Morrell
Company Number
15299730 (England and Wales)
Registered Office
18 Nant Y Wedal
Roath Park
Cardiff
CF14 3QU
Wales
Accountants
Nathan Evans Limited
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Kim & Terry Limited for the year ended 30 November 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Kim & Terry Limited for the year ended
30 November 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Nathan Evans Limited
Chartered Accountants
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
23 December 2025
Kim & Terry Limited
Statement of financial position
as at 30 November 2025
Tangible assets
1,734
1,440
Cash at bank and in hand
41,594
43,393
Creditors: amounts falling due within one year
(12,882)
(13,361)
Net current assets
78,522
47,209
Called up share capital
2
2
Profit and loss account
80,254
48,647
Shareholders' funds
80,256
48,649
For the year ending 30 November 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by
Terry Morrell
Director
Company Registration No. 15299730
Kim & Terry Limited
Notes to the Accounts
for the year ended 30 November 2025
Kim & Terry Limited is a private company, limited by shares, registered in England and Wales, registration number 15299730. The registered office is 18 Nant Y Wedal, Roath Park, Cardiff, CF14 3QU, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
50% straight line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
45,165
12,500
Kim & Terry Limited
Notes to the Accounts
for the year ended 30 November 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
7,794
11,817
Loans from directors
5,088
1,544
7
Transactions with related parties
During the year, the company provided loans to Forge83 Limited of £4,500 (2024: £nil) and Fix Cardiff Ltd of £915 (2024: £nil). Mr Morrell is a director and shareholder of both these companies.
The company was under the control of Mr and Mrs Morrell throughout the current and prior period. Mr and Mrs Morrell each own 50% of the share capital. During the year, Mr and Mrs Morrell each received dividends of £500 (2024: £nil).
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).