Kitchensmiths Limited

Registered Number: 04555896 Kitchensmiths Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	4	145,259	105,942
		145,259	105,942
Current assets
Stocks		10,000	12,000
Debtors		144,971	188,687
Cash at bank and in hand		249,396	122,098
		404,367	322,785
Creditors: amount falling due within one year		(334,460)	(234,557)
Net current assets		69,907	88,228

Total assets less current liabilities		215,166	194,170
Creditors: amount falling due after more than one year		(2,343)	(3,706)
Accruals and deferred income		(200,000)	(179,600)
Net assets		12,823	10,864

Capital and reserves
Called up share capital	5	5	5
Profit and loss account		12,818	10,859
Shareholders' funds		12,823	10,864

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 20 May 2026 and were signed on its behalf by:

-------------------------------
Daniel Thomas Smith
Director

Kitchensmiths Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Kitchensmiths Limited is a private company, limited by shares, registered in England and Wales, registration number 04555896, registration address 4 Station Road, Histon, Cambridge, CB24 9LQ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	10% Straight Line
Motor Vehicles	15% Straight Line
Fixtures and Fittings	20-25% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 9 (2025 : 9).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 April 2025	200,000	200,000
Additions	-	-
Disposals	-	-
At 31 March 2026	200,000	200,000
Amortisation
At 01 April 2025	200,000	200,000
Charge for year	-	-
On disposals	-	-
At 31 March 2026	200,000	200,000
Net book values
At 31 March 2026	-	-
At 31 March 2025	-	-

Tangible fixed assets

Cost or valuation	Land and Buildings	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£	£
At 01 April 2025	8,033	71,660	135,683	215,376
Additions	-	61,333	30,150	91,483
Disposals	-	(42,077)	-	(42,077)
At 31 March 2026	8,033	90,916	165,833	264,782
Depreciation
At 01 April 2025	7,924	31,734	69,776	109,434
Charge for year	109	12,972	24,305	37,386
On disposals	-	(27,297)	-	(27,297)
At 31 March 2026	8,033	17,409	94,081	119,523
Net book values
Closing balance as at 31 March 2026	-	73,507	71,752	145,259
Opening balance as at 01 April 2025	109	39,926	65,907	105,942

Share Capital

Allotted, called up and fully paid	2026 £	2025 £
2 Ordinary shares of £1.00 each	2	2
1 Class A share of £1.00 each	1	1
1 Class B share of £1.00 each	1	1
1 Class C share of £1.00 each	1	1
	5	5

Registered Number: 04555896
England and Wales
Abridged Accounts

for the year ended 31 March 2026
for
KITCHENSMITHS LIMITED