REGISTERED NUMBER: 08704099 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Kenwick News Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Singh

REGISTERED OFFICE:

21 Kenwick Road

Louth

United Kingdom

Lincolnshire

LN11 8EH

REGISTERED NUMBER:

08704099 (England and Wales)

ACCOUNTANTS:

Parkins Accountants Ltd

T/A, Parkins, Chartered Accountants

Moor Park House

Bawtry Rd

Wickersley

Rotherham

South Yorkshire

S66 2BL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

298,431

326,785

298,431

326,785

CURRENT ASSETS

Stocks

6

113,500

108,000

Debtors

7

288,842

267,888

Cash at bank and in hand

61,160

51,959

463,502

427,847

CREDITORS

Amounts falling due within one year

8

179,691

229,799

NET CURRENT ASSETS

283,811

198,048

TOTAL ASSETS LESS CURRENT LIABILITIES

582,242

524,833

CREDITORS

Amounts falling due after more than one year

9

(67,161

)

(92,065

)

PROVISIONS FOR LIABILITIES

11

(20,956

)

(27,976

)

NET ASSETS

494,125

404,792

CAPITAL AND RESERVES

Called up share capital

12

250

250

Retained earnings

13

493,875

404,542

SHAREHOLDERS' FUNDS

494,125

404,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 September 2026 and were signed by:

R Singh - Director

1.	STATUTORY INFORMATION

Kenwick News Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% straight line

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 20 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

20,000

AMORTISATION

At 1 October 2024

and 30 September 2025

20,000

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2024

and 30 September 2025

213,370

336,036

4,198

2,522

556,126

DEPRECIATION

At 1 October 2024

-

222,808

4,011

2,522

229,341

Charge for year

-

28,307

47

-

28,354

At 30 September 2025

-

251,115

4,058

2,522

257,695

NET BOOK VALUE

At 30 September 2025

213,370

84,921

140

-

298,431

At 30 September 2024

213,370

113,228

187

-

326,785

6.

STOCKS

2025

2024

£

£

Stocks

113,500

108,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

228

-

Other debtors

280,898

260,001

VAT

7,716

7,887

288,842

267,888

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 10)

16,701

-

Trade creditors

128,767

188,312

Tax

16,114

8,657

Social security and other taxes

13,367

6,220

Other creditors

733

21,552

Directors' current accounts

929

258

Accrued expenses

3,080

4,800

179,691

229,799

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

67,161

92,065

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

16,701

-

Amounts falling due between one and two years:

Bank loans - 1-2 years

9,201

16,108

Amounts falling due between two and five years:

Bank loans - 2-5 years

57,960

75,957

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

20,956

27,976

Deferred

tax

£

Balance at 1 October 2024

27,976

Accelerated capital allowances

(7,020

)

Balance at 30 September 2025

20,956

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

99

Ordinary A

£1

200

200

1

Ordinary B

£1

50

50

250

250

13.

RESERVES

Retained

earnings

£

At 1 October 2024

404,542

Profit for the year

108,333

Dividends

(19,000

)

At 30 September 2025

493,875

14.	RELATED PARTY DISCLOSURES

The Company pays rent to Mr R Singh for the premises Kenwick News, 23 Kenwick Road, Louth, LN11 8EH. The charge is £16,302 for the period (2024: £16,093). No monies were outstanding at 30 September 2025.

15.	ULTIMATE CONTROLLING PARTY

The controlling party is R Singh.