Kitson Trade Windows Limited - Filleted accounts

Registered number

03306980

Kitson Trade Windows Limited

Filleted Accounts

28 April 2025

Kitson Trade Windows Limited
Registered number:		03306980
Balance Sheet
as at 28 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		35,536			50,609

Current assets
Stocks		170,825			123,456
Debtors	5	417,546			523,876
Cash at bank and in hand		86,324			23,330
		674,695			670,662

Creditors: amounts falling due within one year	6	(305,313)			(322,041)

Net current assets			369,382			348,621

Total assets less current liabilities			404,918			399,230

Creditors: amounts falling due after more than one year	7		(23,375)			(96,575)

Provisions for liabilities			(7,710)			(8,407)


Net assets			373,833			294,248

Capital and reserves
Called up share capital			100			100
Profit and loss account			373,733			294,148

Shareholders' funds			373,833			294,248

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J A Currah
Director
Approved by the board on 10 January 2026

Kitson Trade Windows Limited
Notes to the Accounts
for the year ended 28 April 2025


1	Accounting policies

	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).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	3 - 10 years
	Plant and machinery, etc	25% - 40%
	Motor vehicles	33%

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			19		19


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 29 April 2024					16,500
	At 28 April 2025					16,500

	Amortisation
	At 29 April 2024					16,500
	At 28 April 2025					16,500

	Net book value
	At 28 April 2025					-

	Goodwill has been fully written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 29 April 2024	7,611		291,133		298,744
	At 28 April 2025	7,611		291,133		298,744

	Depreciation
	At 29 April 2024	1,249		246,886		248,135
	Charge for the year	1,665		13,408		15,073
	At 28 April 2025	2,914		260,294		263,208

	Net book value
	At 28 April 2025	4,697		30,839		35,536
	At 28 April 2024	6,362		44,247		50,609


5	Debtors			2025		2024
£					£

	Trade debtors			65,123		130,561
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			349,364		373,874
	Other debtors and prepayments			3,059		19,441
				417,546		523,876


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			77,467		62,500
	Obligations under finance lease and hire purchase contracts			10,700		10,700
	Trade creditors			121,171		148,772
	Taxation and social security costs			75,096		68,231
	Other creditors and accruals			20,879		31,838
				305,313		322,041


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			-		62,500
	Obligations under finance lease and hire purchase contracts			13,375		24,075
	Other creditors			10,000		10,000
				23,375		96,575


8	Related party transactions

	During the year, Kitson Windows Ltd, a company in which Mr J and Mrs C Currah are joint shareholders, charged Kitson Trade Windows Limited management charges totalling £30,000 (2024 : £24,000). At the year end, the balance due from Kitson Windows Ltd was £349,364 (2024 : £373,874).


9	Controlling party

	Kitson Trade Windows Limited is a wholly owned subsidiary of Kitson Windows Ltd, a company in which Mr J Currah and Mrs C Currah are joint shareholders, and therefore the utimate controlling party.


10	Other information

	Kitson Trade Windows Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Kitson House
	South Road
	Alnwick
	England
	NE66 2PD