Company registration number 10409848 (England and Wales)
KENT SURF SCHOOL LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
KENT SURF SCHOOL LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
KENT SURF SCHOOL LTD
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
12,831
16,039
Current assets
Stocks
2,075
3,225
Debtors
4
870
693
Cash at bank and in hand
28,942
20,930
31,887
24,848
Creditors: amounts falling due within one year
5
(30,478)
(29,340)
Net current assets/(liabilities)
1,409
(4,492)
Net assets
14,240
11,547
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
14,239
11,546
Total equity
14,240
11,547

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

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

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 26 May 2026
Mr A A Webb
Director
Company registration number 10409848 (England and Wales)
KENT SURF SCHOOL LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 2 -
1
Accounting policies
Company information

Kent Surf School Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 64 High Street, Broadstairs, Kent, England, CT10 1JT.

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 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

1.3
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:

Plant and equipment
20% on reducing balance
Motor vehicles
20% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

KENT SURF SCHOOL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 3 -
1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.5
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end 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.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
KENT SURF SCHOOL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 4 -
3
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
At 1 November 2024 and 31 October 2025
26,699
10,458
37,157
Depreciation and impairment
At 1 November 2024
15,938
5,180
21,118
Depreciation charged in the year
2,152
1,056
3,208
At 31 October 2025
18,090
6,236
24,326
Carrying amount
At 31 October 2025
8,609
4,222
12,831
At 31 October 2024
10,761
5,278
16,039
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Prepayments and accrued income
870
693
5
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases
-
0
579
Corporation tax
1,290
-
0
Other creditors
28,306
27,921
Accruals and deferred income
882
840
30,478
29,340
2025-10-31 2024-11-01 false false false 26 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr A A Webb 10409848 2024-11-01 2025-10-31 10409848 2025-10-31 10409848 2024-10-31 10409848 core:PlantMachinery 2025-10-31 10409848 core:MotorVehicles 2025-10-31 10409848 core:PlantMachinery 2024-10-31 10409848 core:MotorVehicles 2024-10-31 10409848 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 10409848 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 10409848 core:ShareCapital 2025-10-31 10409848 core:ShareCapital 2024-10-31 10409848 core:RetainedEarningsAccumulatedLosses 2025-10-31 10409848 core:RetainedEarningsAccumulatedLosses 2024-10-31 10409848 bus:Director1 2024-11-01 2025-10-31 10409848 core:PlantMachinery 2024-11-01 2025-10-31 10409848 core:MotorVehicles 2024-11-01 2025-10-31 10409848 2023-11-01 2024-10-31 10409848 core:PlantMachinery 2024-10-31 10409848 core:MotorVehicles 2024-10-31 10409848 2024-10-31 10409848 core:CurrentFinancialInstruments 2025-10-31 10409848 core:CurrentFinancialInstruments 2024-10-31 10409848 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 10409848 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 10409848 bus:FRS102 2024-11-01 2025-10-31 10409848 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 10409848 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP