REGISTERED NUMBER: 00789819 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2025

FOR

KEN BURROWS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A D Jackson

Mrs S J Jackson

REGISTERED OFFICE:

1st Floor, 49 High Street

Hucknall

Nottingham

Nottinghamshire

NG15 7AW

REGISTERED NUMBER:

00789819 (England and Wales)

ACCOUNTANTS:

Elkingtons Accountants Limited

1st Floor

49 High Street

Hucknall

Nottinghamshire

NG15 7AW

FIXED ASSETS

Tangible assets

4

48,527

62,803

CURRENT ASSETS

Stocks

84,749

194,936

Debtors

1,124,707

855,553

Cash at bank and in hand

795,995

928,494

2,005,451

1,978,983

CREDITORS

Amounts falling due within one year

914,177

1,079,015

NET CURRENT ASSETS

1,091,274

899,968

TOTAL ASSETS LESS CURRENT LIABILITIES

1,139,801

962,771

CREDITORS

Amounts falling due after more than one year

-

(10,000

)

PROVISIONS FOR LIABILITIES

(7,812

)

(8,849

)

NET ASSETS

1,131,989

943,922

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,131,889

943,822

1,131,989

943,922

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st July 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th December 2025 and were signed on its behalf by:

Mr A D Jackson - Director

Mrs S J Jackson - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stock is valued at the lower of cost and net realisable value. This includes all purchase, transport and handling costs in bringing stocks to their present location and condition. Making necessary allowances for obsolete or slow moving items.

Cost is calculated using the first-in, first-out method & includes all purchase, transport and handling costs in bringing stocks to their present location & condition.

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.

Deferred tax

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.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

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.

Amounts recoverable on contracts

Where the outcome of a contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the balance sheet date. The company uses the "percentage of completion method" to determine the appropriate amount to recognise in a given period. The assessment of the stage of completion is dependent on the nature of the contract, but will generally be based on the estimated proportion of the total contract costs which have been incurred to date. If a contract is expected to be loss-making, a provision is recognised immediately for the entire loss.

Operational leases

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st August 2024

191,858

Additions

5,736

Disposals

(15,120

)

At 31st July 2025

182,474

DEPRECIATION

At 1st August 2024

129,055

Charge for year

16,182

Eliminated on disposal

(11,290

)

At 31st July 2025

133,947

NET BOOK VALUE

At 31st July 2025

48,527

At 31st July 2024

62,803

5.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

25,512

21,610

Between one and five years

23,189

25,915

48,701

47,525

6.	SECURED DEBTS

A fixed and floating charge was signed and lodged against all property and undertakings of the company to secure all liabilities to Barclays Security Trustee Limited. This includes an unlimited inter company composite guarantee between Ken Burrows Limited and AMPCO 122 Limited.

7.	RELATED PARTY DISCLOSURES

During the year the company borrowed money from a connected company, of which the director holds a participating interest. The loan is on an interest free basis, with the balance outstanding being repayable upon demand. The balance outstanding at the year end date was £32,053 (2024: £298,364)

8.	ULTIMATE CONTROLLING PARTY

The company’s immediate parent undertaking is Ampco 122 Ltd, a company incorporated in England and Wales.

The ultimate controlling parties are Mr. A & Mrs. S Jackson, who own 100% of the share capital of Ken Burrows Holdings Ltd, which in turn holds 100% of the share capital in Ampco 122 Ltd