Company registration number 01110398 (England and Wales)
KINGS AND STEVENS LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
KINGS AND STEVENS LIMITED
CONTENTS
Page
Directors' report
1
Balance sheet
3 - 4
Notes to the financial statements
5 - 9
KINGS AND STEVENS LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 1 -

The directors present their annual report and financial statements for the year ended 31 December 2025.

Principal activities
Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mrs S J King
Mr D King
Mr K D King
Mrs L King
Mrs J D Medhurst
On behalf of the board
Mr K D King
Director
13 July 2026
KINGS AND STEVENS LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF KINGS AND STEVENS LIMITED FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kings And Stevens Limited for the year ended 31 December 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Kings And Stevens Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Kings And Stevens Limited and state those matters that we have agreed to state to the b oard of d irectors of Kings And Stevens Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kings And Stevens Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Kings And Stevens Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kings And Stevens Limited. You consider that Kings And Stevens Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kings And Stevens Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Xeinadin South East Limited
Unit 68 Basepoint
Shearway Business Park
Folkestone
Kent
CT19 4RH
13 July 2026
KINGS AND STEVENS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 3 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
6
444,816
375,224
Current assets
Stocks
7
34,932
33,638
Debtors
8
16,955
20,356
Cash at bank and in hand
171,909
156,165
223,796
210,159
Creditors: amounts falling due within one year
9
(77,728)
(90,392)
Net current assets
146,068
119,767
Total assets less current liabilities
590,884
494,991
Creditors: amounts falling due after more than one year
10
(48,639)
-
0
Provisions for liabilities
Deferred tax liability
12
24,516
37,782
(24,516)
(37,782)
Net assets
517,729
457,209
Capital and reserves
Called up share capital
13
104
104
Revaluation reserve
83,381
83,381
Profit and loss reserves
14
434,244
373,724
Total equity
517,729
457,209
KINGS AND STEVENS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 4 -

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements 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 financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 July 2026 and are signed on its behalf by:
Mr K D King
Director
Company registration number 01110398 (England and Wales)
KINGS AND STEVENS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
1
Accounting policies
Company information

Kings And Stevens Limited is a private company limited by shares incorporated in England and Wales. The registered office is Cowfold Road, West Grinstead, West Sussex, England, RH13 8LY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Turnover

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

1.2
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
No depreciatoin charged in the year
Plant and equipment
20% on reducing balance
Office equipment
20% on reducing balance
Small plant
33% on cost
Motor vehicles
25% on reducing balance
1.3
Stocks

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

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

KINGS AND STEVENS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 6 -
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of
Income and Retained Earnings, 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 liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons 8 employed by the company during the year was:

2025
2024
Number
Number
8
8
3
Directors' remuneration
2025
2024
£
£
Remuneration for qualifying services
78,598
77,779
Company pension contributions to defined contribution schemes
5,988
2,839
84,586
80,618
4
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
1,608
9,726
KINGS AND STEVENS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
4
Taxation
2025
2024
£
£
(Continued)
- 7 -
Deferred tax
Origination and reversal of timing differences
(13,266)
(3,259)
Total tax (credit)/charge
(11,658)
6,467
5
Dividends
2025
2024
£
£
Interim paid
34,500
29,500
6
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Office equipment
Small plant
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 January 2025
175,000
374,984
4,053
97,359
70,680
722,076
Additions
-
0
118,484
127
15,701
-
0
134,312
Disposals
-
0
(3,782)
-
0
-
0
-
0
(3,782)
At 31 December 2025
175,000
489,685
4,181
113,060
70,680
852,606
Depreciation and impairment
At 1 January 2025
-
0
229,593
2,686
73,467
41,106
346,852
Depreciation charged in the year
-
0
36,348
275
20,298
7,393
64,314
Eliminated in respect of disposals
-
0
(3,376)
-
0
-
0
-
0
(3,376)
At 31 December 2025
-
0
262,564
2,962
93,765
48,499
407,790
Carrying amount
At 31 December 2025
175,000
227,121
1,219
19,295
22,181
444,816
At 31 December 2024
175,000
145,392
1,366
23,893
29,573
375,224
7
Stocks
2025
2024
£
£
Finished goods and goods for resale
34,932
33,638
KINGS AND STEVENS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
8
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
8,725
12,925
Amounts owed by undertakings in which the company has a participating interest
13
13
Other debtors
680
1,143
Prepayments and accrued income
7,537
6,275
16,955
20,356
9
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Bank loans
11
18,350
7,167
Trade creditors
38,234
44,548
Corporation tax
1,608
9,726
Other taxation and social security
7,615
17,051
Other creditors
608
717
Accruals and deferred income
11,313
11,183
77,728
90,392
10
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
11
48,639
-
0
11
Loans and overdrafts
2025
2024
£
£
Bank loans
66,989
7,167
Payable within one year
18,350
7,167
Payable after one year
48,639
-
0
KINGS AND STEVENS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 9 -
12
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated capital allowances
24,516
41,042
Statutory database figures differ from the trial balance:
Deferred tax balances
24,516
37,782
Difference
-
3,260
2025
Movements in the year:
£
Liability at 1 January 2025
37,782
Credit to profit or loss
(13,266)
Liability at 31 December 2025
24,516

The deferred tax liability set out above is expected to reverse within [12 months] and relates to accelerated capital allowances that are expected to mature within the same period.

13
Share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
104 of 0p each
104
104
104
104
14
Profit and loss reserves
2025
2024
£
£
At the beginning of the year
373,724
366,069
Adjusted balance
373,724
366,069
Profit for the year
95,020
37,155
Dividends declared and paid in the year
(34,500)
(29,500)
At the end of the year
434,244
373,724
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