REGISTERED NUMBER: 01402688 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

F.A. KERRISON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G J Kerrison

S P G Kerrison

Mrs E A Kerrison

SECRETARY:

Mrs E A Kerrison

REGISTERED OFFICE:

353 Aylsham Rd

Norwich

NR3 2RX

REGISTERED NUMBER:

01402688 (England and Wales)

ACCOUNTANTS:

Quinneys

Chartered Certified Accountants

Saxon House

Hellesdon Park Road

Norwich

Norfolk

NR6 5DR

FIXED ASSETS

Tangible assets

4

456,733

581,933

Investments

5

2,000

2,000

458,733

583,933

CURRENT ASSETS

Stocks

743,457

698,007

Debtors

6

30,291

28,574

773,748

726,581

CREDITORS

Amounts falling due within one year

7

555,470

634,314

NET CURRENT ASSETS

218,278

92,267

TOTAL ASSETS LESS CURRENT LIABILITIES

677,011

676,200

CREDITORS

Amounts falling due after more than one year

8

-

3,332

NET ASSETS

677,011

672,868

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

667,011

662,868

SHAREHOLDERS' FUNDS

677,011

672,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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:

S P G Kerrison - Director

1.	STATUTORY INFORMATION

F.A. Kerrison 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

33% on cost, 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

No depreciation has been provided on freehold buildings as both the charge and the accumulated depreciation would be immaterial.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 6 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2025

581,933

235,921

817,854

Disposals

(125,200

)

-

(125,200

)

At 31 January 2026

456,733

235,921

692,654

DEPRECIATION

At 1 February 2025

and 31 January 2026

-

235,921

235,921

NET BOOK VALUE

At 31 January 2026

456,733

-

456,733

At 31 January 2025

581,933

-

581,933

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2025

and 31 January 2026

2,000

NET BOOK VALUE

At 31 January 2026

2,000

At 31 January 2025

2,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

30,291

28,574

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

28,468

153,235

Trade creditors

65,689

64,531

Taxation and social security

25,553

30,669

Other creditors

435,760

385,879

555,470

634,314

Included within other creditors are loans from the directors, GJ Kerrison of £70,548 (2025: £45,644) and SPG Kerrison of £315,067 (2025: £315,067).

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

3,332

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdrafts

28,468

143,235

Bank overdrafts are secured by a fixed and floating charge over the assets of the company together with a first fixed charge over goodwill, uncalled capital and intellectual property rights given by F A Kerrison Limited.