KITSON HOUSE LIMITED


Director	GREENWOOD, James Matthew


Registered Address	Kitson House
	Jumps Road
	Todmorden
	OL14 8HL


Registered Number	13134537 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		4,626		3,933
			4,626		3,933
Current assets
Debtors	4	636,114		344,213
Cash at bank and on hand		16,123		13,366
		652,237		357,579
Creditors amounts falling due within one year	5	(45,129)		(22,570)
Net current assets (liabilities)			607,108		335,009
Total assets less current liabilities			611,734		338,942
Creditors amounts falling due after one year	6		(507,000)		(235,000)
Net assets			104,734		103,942
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			103,734		102,942
Shareholders' funds			104,734		103,942

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 6 January 2026, and are signed on its behalf by:

GREENWOOD, James Matthew
Director
Registered Company No. 13134537

KITSON HOUSE LIMITED

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue 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.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5
	Vehicles	4
	Office Equipment	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 August 24	4,000	-	-	4,000
Additions	-	837	1,037	1,874
At 31 July 25	4,000	837	1,037	5,874
Depreciation and impairment
At 01 August 24	67	-	-	67
Charge for year	800	209	172	1,181
At 31 July 25	867	209	172	1,248
Net book value
At 31 July 25	3,133	628	865	4,626
At 31 July 24	3,933	-	-	3,933

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	250	250
Amounts owed by associates and joint ventures / participating interests	625,000	338,491
Other debtors	7,630	2,661
Prepayments and accrued income	3,234	2,811
Total	636,114	344,213

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	33,687	13,842
Bank borrowings and overdrafts	93	1,327
Taxation and social security	9,849	5,901
Accrued liabilities and deferred income	1,500	1,500
Total	45,129	22,570

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	507,000	235,000
Total	507,000	235,000

7.	Directors advances, credits and guarantees
	At the end of the year the company had an amount payable to the director of £132,093 (2024: £1,300). This is disclosed in creditor amounts owed to bank borrowings and overdrafts and creditor amounts due after one year.

8.	Share capital
	Share capital of £1,000 (2024: £1,000) is allotted, called up and fully paid.

9.	Related party transactions
	The company has a loan receivable from M.G.Caravan Company Limited, a company under common control through a shared director. The balance outstanding at 31 July 2025 was £625,000 (2024: £338,491). The loan is interest-free and repayable on demand. No security has been provided. The transaction was conducted at arm’s length.