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Company Registration No. 02180462 (England and Wales)
The Kent Fireplace Co Limited Unaudited accounts for the year ended 31 March 2026
The Kent Fireplace Co Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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The Kent Fireplace Co Limited Company Information for the year ended 31 March 2026
Director
P A Epsom
Company Number
02180462 (England and Wales)
Registered Office
96-100 Beckenham Lane Shortlands Bromley Kent BR2 0DW
Accountants
David A Acott 12 The Farthings Crowborough East Sussex TN6 2TW
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The Kent Fireplace Co Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
70,031
91,434
Current assets
Inventories
5
205,528
145,845
Debtors
6
33,972
43,956
Cash at bank and in hand
263,154
207,130
502,654
396,931
Creditors: amounts falling due within one year
7
(244,034)
(225,374)
Net current assets
258,620
171,557
Net assets
328,651
262,991
Capital and reserves
Called up share capital
100
100
Profit and loss account
328,551
262,891
Shareholders' funds
328,651
262,991
For the year ending 31 March 2026 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 15 May 2026 and were signed on its behalf by
P A Epsom Director Company Registration No. 02180462
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The Kent Fireplace Co Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
The Kent Fireplace Co Limited is a private company, limited by shares, registered in England and Wales, registration number 02180462. The registered office is 96-100 Beckenham Lane, Shortlands, Bromley, Kent, BR2 0DW.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Over 5 years
Motor vehicles
Over 4 years
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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The Kent Fireplace Co Limited Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
149,048
191,919
340,967
Additions
2,172
15,824
17,996
Disposals
-
(25,438)
(25,438)
At 31 March 2026
151,220
182,305
333,525
Depreciation
At 1 April 2025
143,492
106,041
249,533
Charge for the year
2,395
23,291
25,686
On disposals
-
(11,725)
(11,725)
At 31 March 2026
145,887
117,607
263,494
Net book value
At 31 March 2026
5,333
64,698
70,031
At 31 March 2025
5,556
85,878
91,434
5
Inventories
2026
2025
£
£
Finished goods
205,528
145,845
205,528
145,845
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.
6
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
9,694
24,456
Other debtors
24,278
19,500
33,972
43,956
7
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
-
26,385
Trade creditors
162,618
132,637
Taxes and social security
43,904
17,957
Other creditors
37,512
48,395
244,034
225,374
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The Kent Fireplace Co Limited Notes to the Accounts for the year ended 31 March 2026
8
Operating lease commitments
2026
2025
£
£
At 31 March 2026 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than five years
266,000
304,000
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
P A Epsom
Loan account
15,200
21,640
15,200
21,640
15,200
21,640
15,200
21,640
10
Average number of employees
During the year the average number of employees was 9 (2025: 9).
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