| Kiln Fuels Limited |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows: |
|
|
Office equipment |
25% reducing balance |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. No provision for deferred tax has been made since the director is of the opinion that no liability will crystallise in the foreseeable future. |
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Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
1 |
|
|
|
|
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| 3 |
Tangible fixed assets |
|
|
|
|
Office equipment |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2025 |
83,716 |
|
17,999 |
|
101,715 |
|
Disposals |
(1,025) |
|
- |
|
(1,025) |
|
At 31 March 2026 |
82,691 |
|
17,999 |
|
100,690 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2025 |
71,634 |
|
10,406 |
|
82,040 |
|
Charge for the year |
2,993 |
|
1,898 |
|
4,891 |
|
On disposals |
(915) |
|
- |
|
(915) |
|
At 31 March 2026 |
73,712 |
|
12,304 |
|
86,016 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
8,979 |
|
5,695 |
|
14,674 |
|
At 31 March 2025 |
12,082 |
|
7,593 |
|
19,675 |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Other debtors |
1,614 |
|
9,869 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Other creditors |
3,314 |
|
3,875 |
|
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| 6 |
Other information |
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Kiln Fuels Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
The Bothy |
|
The Street |
|
Benenden |
|
TN17 4DB |