REGISTERED NUMBER: 01361767 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

W J KINGHAM (MOTORS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J R N Stone

D F Stone

J W N Stone

REGISTERED OFFICE:

Roding Garage

624-630 Chigwell Road

Woodford Bridge

Essex

IG8 8AF

REGISTERED NUMBER:

01361767 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

34-40 High Street

Wanstead

London

E11 2RJ

FIXED ASSETS

Tangible assets

4

73,475

65,615

CURRENT ASSETS

Stocks

13,000

10,000

Debtors

5

66,069

71,485

Cash at bank and in hand

521,516

485,775

600,585

567,260

CREDITORS

Amounts falling due within one year

6

159,833

152,770

NET CURRENT ASSETS

440,752

414,490

TOTAL ASSETS LESS CURRENT LIABILITIES

514,227

480,105

PROVISIONS FOR LIABILITIES

8

4,373

1,368

NET ASSETS

509,854

478,737

CAPITAL AND RESERVES

Called up share capital

12

12

Retained earnings

509,842

478,725

SHAREHOLDERS' FUNDS

509,854

478,737

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 19 June 2026 and were signed on its behalf by:

D F Stone - Director

1.	STATUTORY INFORMATION

W J Kingham (Motors) 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.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods and services supplied, net of returns, discounts and value added taxes.

Revenue is recognised in the accounting period in which the services were rendered.

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

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stock is stated at the lower of cost and selling price less costs to complete and sell, after making due

allowance for obsolete and slow moving items. Stocks are recognised as an expense in the period in which the related revenue is recognised.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2024

167,160

19,613

78,546

19,125

284,444

Additions

18,529

4,980

1,700

298

25,507

Disposals

-

-

(1,000

)

-

(1,000

)

At 30 September 2025

185,689

24,593

79,246

19,423

308,951

DEPRECIATION

At 1 October 2024

147,980

18,181

34,928

17,740

218,829

Charge for year

4,706

494

11,227

555

16,982

Eliminated on disposal

-

-

(335

)

-

(335

)

At 30 September 2025

152,686

18,675

45,820

18,295

235,476

NET BOOK VALUE

At 30 September 2025

33,003

5,918

33,426

1,128

73,475

At 30 September 2024

19,180

1,432

43,618

1,385

65,615

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

46,728

40,165

Other debtors

500

15,873

Prepayments and accrued income

18,841

15,447

66,069

71,485

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

53,744

50,910

Corporation tax

48,085

25,884

Social security and other taxes

11,096

16,938

VAT

30,825

40,550

Other creditors

1,796

2,290

Directors' current accounts

625

4,030

Accrued expenses

13,662

12,168

159,833

152,770

7.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

2,567

2,461

Between one and five years

3,084

5,063

5,651

7,524

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

4,373

1,368

Deferred

tax

£

Balance at 1 October 2024

1,368

Provided during year

3,005

Balance at 30 September 2025

4,373

9.	RELATED PARTY DISCLOSURES

Freehold of the property on which W J Kingham (Motors) Limited operates is owned jointly by the two directors' of the company Mr JRN Stone and Mrs DF Stone. No consideration is paid by W J Kingham (Motors) Limited for the rent of the premises, however, they do maintain the property.

The market valuation of the rent charge was estimated at £70,000 per annum (in 2020), when the property was last valued.