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Company Registration No. 07314628 (England and Wales)
Kevin Chorley Limited Unaudited accounts for the year ended 31 July 2025
Kevin Chorley Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Kevin Chorley Limited Company Information for the year ended 31 July 2025
Director
K T Chorley
Company Number
07314628 (England and Wales)
Registered Office
148 Kings Road Fleet Hampshire GU51 3DT England
Accountants
Worthweld PT Limited 5 Field End Maresfield Uckfield East Sussex TN22 2DJ
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Kevin Chorley Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
30,998
38,463
Current assets
Inventories
22,452
18,252
Debtors
5
46,189
67,225
Cash at bank and in hand
10,716
1,997
79,357
87,474
Creditors: amounts falling due within one year
6
(53,395)
(43,506)
Net current assets
25,962
43,968
Total assets less current liabilities
56,960
82,431
Creditors: amounts falling due after more than one year
7
(34,778)
(51,340)
Net assets
22,182
31,091
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
22,181
31,090
Shareholders' funds
22,182
31,091
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 22 January 2026 and were signed on its behalf by
K T Chorley Director Company Registration No. 07314628
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Kevin Chorley Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Kevin Chorley Limited is a private company, limited by shares, registered in England and Wales, registration number 07314628. The registered office is 148 Kings Road, Fleet, Hampshire, GU51 3DT, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, for work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% per anum on the reducing balance method
Motor vehicles
25% per anum on the reducing balance method
Computer equipment
20% per anum on the reducing balance method
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
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Kevin Chorley Limited Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
15,318
49,836
7,660
72,814
Additions
-
1,868
583
2,451
At 31 July 2025
15,318
51,704
8,243
75,265
Depreciation
At 1 August 2024
14,678
13,237
6,436
34,351
Charge for the year
128
9,524
264
9,916
At 31 July 2025
14,806
22,761
6,700
44,267
Net book value
At 31 July 2025
512
28,943
1,543
30,998
At 31 July 2024
640
36,599
1,224
38,463
2025
2024
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
-
36,599
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
252
459
Trade debtors
43,498
48,263
Accrued income and prepayments
581
2,202
Other debtors
1,858
16,301
46,189
67,225
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
8,824
9,311
Obligations under finance leases and hire purchase contracts
7,739
7,739
Trade creditors
20,290
23,203
Taxes and social security
-
2,053
Other creditors
10,619
-
Loans from directors
4,723
-
Accruals
1,200
1,200
53,395
43,506
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
9,505
18,328
Obligations under finance leases and hire purchase contracts
25,273
33,012
34,778
51,340
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Kevin Chorley Limited Notes to the Accounts for the year ended 31 July 2025
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Transactions with related parties
The company is controlled by the Director. The Director was paid a dividend of £0 during the year (2024: £15000). During the year the Director has loaned the Company £4718. No transactions required reporting during the year.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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