Kent Mushrooms Limited - Filleted accounts

Registered number

00274302

Kent Mushrooms Limited

Unaudited Filleted Accounts

31 March 2026

Kent Mushrooms Limited
Registered number:		00274302
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		610,113			610,854

Current assets
Stocks		13,180			11,068
Debtors	4	6,534			5,688
Cash at bank and in hand		356,731			391,284
		376,445			408,040

Creditors: amounts falling due within one year	5	(36,236)			(26,108)

Net current assets			340,209			381,932

Total assets less current liabilities			950,322			992,786


Provisions for liabilities			(14,995)			(14,995)


Net assets			935,327			977,791

Capital and reserves
Called up share capital			1,000			1,000
Revaluation reserve	6		367,349			367,349
Profit and loss account			566,978			609,442

Shareholders' funds			935,327			977,791

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.




J A Gardner
Director
Approved by the board on 10 July 2026

Kent Mushrooms 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).

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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 costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are initially measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided 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			25% reducing balance
	Fixtures, fittings, tools and equipment			25% reducing balance

	Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increases accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect oof that asset, the excess shall be recognised in profit and loss.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Creditors
	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.

	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					14		14


3	Tangible fixed assets
		Land and buildings		Fittings, fixtures & equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	596,300		89,956		26,875		713,131
	Additions	-		2,898		-		2,898
	At 31 March 2026	596,300		92,854		26,875		716,029

	Depreciation
	At 1 April 2025	-		78,989		23,288		102,277
	Charge for the year	-		2,742		897		3,639
	At 31 March 2026	-		81,731		24,185		105,916

	Net book value
	At 31 March 2026	596,300		11,123		2,690		610,113
	At 31 March 2025	596,300		10,967		3,587		610,854


4	Debtors					2026		2025
£							£

	Prepayments					6,534		5,688


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

	Trade creditors					8,041		2,800
	Taxation and social security costs					20,280		19,912
	Other creditors					7,915		3,396
						36,236		26,108


6	Revaluation reserve					2026		2025
£							£

	At 1 April 2025					367,349		367,349

	At 31 March 2026					367,349		367,349


7	Controlling party

	Mr J A Gardner is the controlling party of Kent Mushrooms Limited by virtue of a contolling interest in the issued share capital.


8	Other information

	Kent Mushrooms Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Chislehurst Caves
	Old Hill
	Chislehurst
	Kent
	BR7 5NB