Exeter Kitchen Fitter Limited - Filleted accounts

Registered number

07947123

Exeter Kitchen Fitter Limited

Unaudited Filleted Accounts

31 March 2026

Exeter Kitchen Fitter Limited
Registered number:		07947123
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		8,540			8,969

Current assets
Debtors	5	7,734			710
Cash at bank and in hand		15,995			4,687
		23,729			5,397

Creditors: amounts falling due within one year	6	(23,231)			(11,928)

Net current assets/(liabilities)			498			(6,531)

Total assets less current liabilities			9,038			2,438


Provisions for liabilities			(1,198)			(1,187)


Net assets			7,840			1,251

Capital and reserves
Called up share capital			100			100
Profit and loss account			7,740			1,151

Shareholders' funds			7,840			1,251

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Simon Shattock
Director
Approved by the board on 28 August 2026

Exeter Kitchen Fitter 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). The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the time incurred to date to the total estimated time of the contract.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	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 evenly over its expected useful life, as follows:

	Motor vehicles	20% reducing balance
	Plant and machinery	15% reducing balance
	Fixtures, fittings, tools and equipment	20% reducing balance

	Debtors and creditors
	Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.

	Taxation
	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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			3		3


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2025					25,000
	At 31 March 2026					25,000

	Amortisation
	At 1 April 2025					25,000
	At 31 March 2026					25,000

	Net book value
	At 31 March 2026					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	15,408		23,300		38,708
	Additions	1,274		-		1,274
	Disposals	(339)		-		(339)
	At 31 March 2026	16,343		23,300		39,643

	Depreciation
	At 1 April 2025	8,440		21,299		29,739
	Charge for the year	1,253		400		1,653
	On disposals	(289)		-		(289)
	At 31 March 2026	9,404		21,699		31,103

	Net book value
	At 31 March 2026	6,939		1,601		8,540
	At 31 March 2025	6,968		2,001		8,969


5	Debtors			2026		2025
£					£

	Other debtors			7,734		710


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			552		349
	Tax and social security			7,396		2,170
	Other taxes and social security costs			4,003		4,809
	Other creditors			11,280		4,600
				23,231		11,928


7	Other financial commitments			2026		2025
£					£

	Total future minimum payments under non-cancellable operating leases			11,801		-


8	Other information

	Exeter Kitchen Fitter Limited is a private company limited by shares and incorporated in England. Its registered office is:

	68 Alphington Road
	Exeter
	EX2 8HU