Company Registration No. 05160158 (England and Wales)
PAUL KITCHEN AGRICULTURAL LIMITED
Unaudited accounts
for the year ended 30 September 2025
PAUL KITCHEN AGRICULTURAL LIMITED
Unaudited accounts
Contents
PAUL KITCHEN AGRICULTURAL LIMITED
Company Information
for the year ended 30 September 2025
Director
PAUL MARTIN KITCHEN
Secretary
STEPHANIE LOUISE KITCHEN
Company Number
05160158 (England and Wales)
Registered Office
THE ELMS
OWSTWICK
HULL
EAST YORKSHIRE
HU12 0LH
Accountants
AL ACCOUNTING SOLUTIONS (HULL) LIMITED
42 GUILDFORD AVENUE
GILLSHILL ROAD
HULL
EAST YORKSHIRE
HU8 0LB
PAUL KITCHEN AGRICULTURAL LIMITED
Statement of financial position
as at 30 September 2025
Tangible assets
94,343
127,897
Cash at bank and in hand
20,854
1,106
Creditors: amounts falling due within one year
(227,173)
(224,297)
Net current liabilities
(43,489)
(48,016)
Total assets less current liabilities
50,854
79,881
Creditors: amounts falling due after more than one year
(40,488)
(46,875)
Called up share capital
100
100
Profit and loss account
10,266
32,906
Shareholders' funds
10,366
33,006
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 September 2026 and were signed on its behalf by
PAUL MARTIN KITCHEN
Director
Company Registration No. 05160158
PAUL KITCHEN AGRICULTURAL LIMITED
Notes to the Accounts
for the year ended 30 September 2025
PAUL KITCHEN AGRICULTURAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05160158. The registered office is THE ELMS, OWSTWICK, HULL, EAST YORKSHIRE, HU12 0LH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
PAUL KITCHEN AGRICULTURAL LIMITED
Notes to the Accounts
for the year ended 30 September 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2024
196,658
220,605
1,911
419,174
Additions
-
27,850
-
27,850
At 30 September 2025
196,658
248,455
1,911
447,024
At 1 October 2024
135,576
153,825
1,876
291,277
Charge for the year
35,759
25,634
11
61,404
At 30 September 2025
171,335
179,459
1,887
352,681
At 30 September 2025
25,323
68,996
24
94,343
At 30 September 2024
61,082
66,780
35
127,897
Amounts falling due within one year
Trade debtors
157,902
167,509
Accrued income and prepayments
266
1,920
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
14,299
18,138
Obligations under finance leases and hire purchase contracts
22,805
21,024
Trade creditors
66,597
51,685
Taxes and social security
30,147
22,634
Other creditors
19,689
17,210
Loans from directors
44,585
42,294
PAUL KITCHEN AGRICULTURAL LIMITED
Notes to the Accounts
for the year ended 30 September 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
20,097
18,607
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 7 (2024: 7).