Registration number: 02654897

Kentmaster Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 8

Kentmaster Limited

(Registration number: 02654897)
Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	3,067	11,753
Current assets
Stocks	5	386,879	371,687
Debtors	6	140,988	137,065
Cash at bank and in hand		29,529	107,019
		557,396	615,771
Creditors: Amounts falling due within one year	7	(952,305)	(1,016,950)
Net current liabilities		(394,909)	(401,179)
Net liabilities		(391,842)	(389,426)
Capital and reserves
Called up share capital		2	2
Retained earnings		(391,844)	(389,428)
Shareholders' deficit		(391,842)	(389,426)

For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 August 2026
 

R Karubian Director

Kentmaster Limited

Notes to the Financial Statements for the Year Ended 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 301 Hartlebury Trading Estate
Hartlebury
Kidderminster
Worcestershire
DY10 4JB

These financial statements were authorised for issue by the director on 17 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The results and financial position of the company are expressed in pounds sterling, rounded to the nearest pound, which is the functional currency of the company.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

The company's balance sheet at 30 June 2026 shows that liabilities exceed assets by £391,842 (2025 - £389,426). The company's debt to Kentmaster MFG. CO., Inc., a company under common control, totals £881,011 (2025 - £942,154). Kentmaster MFG. CO., Inc. has indicated it's willingness to continue to support the company for the foreseeable future.

The director has also reviewed the supply chain, key customers and the capital resources available and considered that the company has adequate resources in place to continue trading for the next twelve months. Therefore the director considers it appropriate to prepare the financial statements on a going concern basis.

Kentmaster Limited

Notes to the Financial Statements for the Year Ended 30 June 2026

Key sources of estimation uncertainty

In the application of the company's accounting policies the director(s) are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- the entity has transferred to the buyer the significant risks and rewards of ownership of the goods;
- the entity retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- the costs incurred or to be incurred in respect of the transaction can be measured reliably; and
- specific criteria have been met for each of the company's activities.

Finance income and costs policy

Finance income and expenses are recognised using the effective interest method.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax assets are recognised to the extent of probable profits to utilise against.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	20 - 25% straight line

Kentmaster Limited

Notes to the Financial Statements for the Year Ended 30 June 2026

Motor vehicles	20% straight line
Plant and machinery	20% straight line
Office equipment	20% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the FIFO method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Kentmaster Limited

Notes to the Financial Statements for the Year Ended 30 June 2026

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year was 6 (2025 - 6).

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 July 2025	7,312	10,460	5,663	57,160	80,595
At 30 June 2026	7,312	10,460	5,663	57,160	80,595
Depreciation
At 1 July 2025	6,995	10,133	4,386	47,328	68,842
Charge for the year	317	150	521	7,698	8,686
At 30 June 2026	7,312	10,283	4,907	55,026	77,528
Carrying amount
At 30 June 2026	-	177	756	2,134	3,067
At 30 June 2025	317	327	1,277	9,832	11,753

Kentmaster Limited

Notes to the Financial Statements for the Year Ended 30 June 2026

5

Stocks

	2026 £	2025 £
Stocks	386,879	371,687

6

Debtors

	Note	2026 £	2025 £
Trade debtors		123,498	122,042
Amounts owed by related parties	9	1,577	-
Other debtors		-	1,450
Prepayments		15,913	13,573
		140,988	137,065

7

Creditors

Due within one year	Note	2026 £	2025 £
Trade creditors		39,026	28,188
Amounts due to related parties	9	881,011	949,144
Social security and other taxes		26,168	31,158
Other creditors		2,400	2,771
Accruals		3,700	5,689
		952,305	1,016,950