REGISTERED NUMBER: 08355525 (England and Wales)

TREE KIT LIMITED

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 30 DECEMBER 2024

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

Mr A Stoppelmann

Mr J M Warner

Mr J Morris

REGISTERED OFFICE:

King Arthurs Court

Maidstone Road

Charing

Ashford

Kent

TN27 0JS

REGISTERED NUMBER:

08355525 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

The directors present their report with the financial statements of the company for the period 1 January 2024 to 30 December 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

Mr A Stoppelmann

Mr J M Warner

Mr J Morris

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr J Morris - Director

2 July 2026

TURNOVER

40,846

605,567

Cost of sales

(33,725

)

(526,019

)

GROSS PROFIT

7,121

79,548

Administrative expenses

(8,044

)

(631,703

)

OPERATING LOSS

4

(923

)

(552,155

)

Interest payable and similar expenses

-

21,531

LOSS BEFORE TAXATION

(923

)

(530,624

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL PERIOD

(923

)

(530,624

)

FIXED ASSETS

Intangible assets

5

6,074

7,200

Tangible assets

6

20,830

26,419

26,904

33,619

CURRENT ASSETS

Stocks

-

195,606

Debtors

7

54,639

84,858

Cash at bank and in hand

-

22,622

54,639

303,086

CREDITORS

Amounts falling due within one year

8

(240,053

)

(494,292

)

NET CURRENT LIABILITIES

(185,414

)

(191,206

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(158,510

)

(157,587

)

CREDITORS

Amounts falling due after more than one year

9

(637,389

)

(637,389

)

NET LIABILITIES

(795,899

)

(794,976

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

99,700

99,700

Retained earnings

(896,599

)

(895,676

)

(795,899

)

(794,976

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 December 2024 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2026 and were signed on its behalf by:

Mr J Morris - Director

1.	STATUTORY INFORMATION

Tree Kit 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

25% on reducing balance

Plant and machinery etc

-

25% on reducing balance

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 period 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 period 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 period was NIL (2023 - 14 ).

4.	OPERATING LOSS

The operating loss is stated after charging:

PERIOD

1/1/24

TO

YEAR ENDED

30/12/24

31/12/23

£

£

Depreciation - owned assets

5,589

7,618

Computer software amortisation

1,126

1,800

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 30 December 2024

9,377

AMORTISATION

At 1 January 2024

2,177

Charge for period

1,126

At 30 December 2024

3,303

NET BOOK VALUE

At 30 December 2024

6,074

At 31 December 2023

7,200

6.	TANGIBLE FIXED ASSETS

Leasehold

Plant and

improvements

machinery

Totals

£

£

£

COST

At 1 January 2024

and 30 December 2024

21,367

17,252

38,619

DEPRECIATION

At 1 January 2024

7,102

5,098

12,200

Charge for period

2,567

3,022

5,589

At 30 December 2024

9,669

8,120

17,789

NET BOOK VALUE

At 30 December 2024

11,698

9,132

20,830

At 31 December 2023

14,265

12,154

26,419

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

50,677

69,840

Sundry debtors

-

550

Tax

3,962

3,962

VAT

-

6,009

Prepayments and accrued income

-

4,497

54,639

84,858

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

621

Trade creditors

(1

)

20,797

Amounts owed to group undertakings

240,054

459,852

Social security and other taxes

-

10,450

Sundry creditors

-

2,572

240,053

494,292

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

637,389

637,389

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.