D & A KIDD LIMITED


Directors	KIDD, Andrew Richard
	KIDD, Matthew Andrew


Company Secretary	KIDD, Janet Anne


Registered Address	The Keld, Plumpton
	Penrith
	Cumbria
	CA11 9PF


Registered Number	06126236 (England and Wales)

Notes to the Financial Statements
for the year ended 31 August 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.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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/or 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.

	Defined contribution pension plan
	The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in other creditors in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. 

Contributions to defined contribution plans are expensed in the period to which they relate.  Amounts not paid are shown in other creditors in the Statement of Financial Position.  The assets of the plan are held separately from the company in independently administered funds.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	25
Plant and machinery	15	-
Fixtures and fittings	15	-
Vehicles	25	-

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete the sale. The impairment loss is recognised immediately in the Income Statement.

	Trade and other 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.

Trade and other 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.

	Trade and other 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.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		3

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£	£
Cost or valuation
At 01 September 24	43,969	42,228	194,763	19,702	300,662
Additions	-	-	45,276	-	45,276
Disposals	-	-	(29,047)	-	(29,047)
At 31 August 25	43,969	42,228	210,992	19,702	316,891
Depreciation and impairment
At 01 September 24	8,291	20,066	169,178	12,765	210,300
Charge for year	1,759	3,324	8,378	1,041	14,502
On disposals	-	-	(25,655)	-	(25,655)
At 31 August 25	10,050	23,390	151,901	13,806	199,147
Net book value
At 31 August 25	33,919	18,838	59,091	5,896	117,744
At 31 August 24	35,678	22,162	25,585	6,937	90,362

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	1,531,810	1,804,516
Total	1,531,810	1,804,516

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	347,359	90,981
Amounts owed by group undertakings	798	-
Other debtors	-	144,415
Total	348,157	235,396

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	110,296	7,490
Bank borrowings and overdrafts	15,635	-
Taxation and social security	106,423	119,286
Other creditors	95,776	109,434
Accrued liabilities and deferred income	2,777	2,564
Total	330,907	238,774


	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.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	572,859	-
Total	572,859	-

8.	Secured creditors
	Bank loans and overdrafts are secured by way of a fixed and floating charge in favour of Barclays Bank dated 20 November 2024.

9.	Provisions for liabilities
	The provision for deferred tax is made up of £19,800 in respect of accelerated capital allowances.

	2025	2024
	£	£
Net deferred tax liability (asset)	19,800	12,600
Total	19,800	12,600

10.	Directors advances, credits and guarantees
	On 1 September 2024 a Director owed the Company £144,415. During the period this director was advanced a further £432 and repaid £144,847. As at 31 August 2025 this Director owed the Company £Nil.

11.	Related party transactions
	During the year a director had a loan account with the company. At the balance sheet date the company owed the director £92,777 (2024 - £106,327). This loan is unsecured, interest free and repayable on demand.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		117,744		90,362
			117,744		90,362
Current assets
Stocks	4	1,531,810		1,804,516
Debtors	5	348,157		235,396
Cash at bank and on hand		944,158		1,231,766
		2,824,125		3,271,678
Creditors amounts falling due within one year	6	(330,907)		(238,774)
Net current assets (liabilities)			2,493,218		3,032,904
Total assets less current liabilities			2,610,962		3,123,266
Creditors amounts falling due after one year	7		(572,859)		-
Provisions for liabilities	9		(19,800)		(12,600)
Net assets			2,018,303		3,110,666
Capital and reserves
Called up share capital			2,000		2,000
Profit and loss account			2,016,303		3,108,666
Shareholders' funds			2,018,303		3,110,666