Kemp's Accounting Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04565825 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

KEMP'S ACCOUNTING SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

H C Kemp

Miss C L Waters

REGISTERED OFFICE:

42A High Street

Broadstairs

Kent

CT10 1JT

REGISTERED NUMBER:

04565825 (England and Wales)

ACCOUNTANTS:

Kemps Accounting Solutions Limited

42A High Street

Broadstairs

Kent

CT10 1JT

BANKERS:

LloydsTSB Plc

3 Queen Street

Ramsgate

Kent

CT11 9DL

FIXED ASSETS

Tangible assets

4

12,458

6,947

CURRENT ASSETS

Debtors

5

235,868

174,740

Cash at bank and in hand

81,117

150,033

316,985

324,773

CREDITORS

Amounts falling due within one year

6

149,460

114,617

NET CURRENT ASSETS

167,525

210,156

TOTAL ASSETS LESS CURRENT
LIABILITIES

179,983

217,103

PROVISIONS FOR LIABILITIES

7

3,114

2,111

NET ASSETS

176,869

214,992

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

176,769

214,892

SHAREHOLDERS' FUNDS

176,869

214,992

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 24 September 2026 and were signed on its behalf by:

H C Kemp - Director

1.	STATUTORY INFORMATION

Kemp's Accounting Solutions Limited 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.

Tangible fixed assets

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

Plant and machinery

-

10% on cost

Computer equipment

-

25% on cost

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.

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 10 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1 January 2025

13,123

53,118

66,241

Additions

-

10,446

At 31 December 2025

13,123

63,564

76,687

DEPRECIATION

At 1 January 2025

7,187

52,107

59,294

Charge for year

1,312

3,623

4,935

At 31 December 2025

8,499

55,730

64,229

NET BOOK VALUE

At 31 December 2025

4,624

7,834

12,458

At 31 December 2024

5,936

1,011

6,947

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

215,692

163,355

Other debtors

850

1,100

Prepayments

19,326

10,285

235,868

174,740

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Tax

44,240

22,043

Social security and other taxes

7,663

6,823

VAT

65,201

53,752

Directors' current accounts

-

25

Deferred income

19,135

18,141

Accrued expenses

13,221

13,833

149,460

114,617

7.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

Deferred tax

3,114

2,111

Deferred

tax

£

Balance at 1 January 2025

2,111

Accelerated Capital Allowances

1,003

Balance at 31 December 2025

3,114

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

100

Ordinary

1

100

9.

RESERVES

Retained

earnings

£

At 1 January 2025

214,892

Profit for the year

136,361

Dividends

(500

)

Contributions to Trust

(173,984

)

At 31 December 2025

176,769

On the 25 November 2025 74% of the shares of the company were settled into the ownership of an Employee Ownership Trust (EOT) under the provisions of the 2014 Finance Act. All trust contributions during the year were to this EOT.