K Irvine Plant (UK) Ltd - Filleted accounts

Registered number

06220335

K Irvine Plant (UK) Ltd

Filleted Accounts

31 March 2026

K Irvine Plant (UK) Ltd
Registered number:		06220335
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		229,224			74,262

Current assets
Stocks		163,323			122,959
Debtors	5	198,453			60,390
Cash at bank and in hand		617,753			576,853
		979,529			760,202

Creditors: amounts falling due within one year	6	(220,041)			(62,085)

Net current assets			759,488			698,117

Net assets			988,712			772,379

Capital and reserves
Called up share capital			1,001			1,001
Profit and loss account			987,711			771,378

Shareholder's funds			988,712			772,379

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 K Irvine
Director
Approved by the board on 25 September 2026

K Irvine Plant (UK) Ltd
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.

	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:

	Plant and machinery	over 4 years

	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.

	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.

	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			2		2


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2025					241,878
	At 31 March 2026					241,878

	Amortisation
	At 1 April 2025					241,878
	At 31 March 2026					241,878

	Net book value
	At 31 March 2026					-

	Goodwill has been written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	249,089		82,519		331,608
	Additions	216,864		61,857		278,721
	Disposals	(143,419)		-		(143,419)
	At 31 March 2026	322,534		144,376		466,910

	Depreciation
	At 1 April 2025	181,399		75,947		257,346
	Charge for the year	67,170		22,036		89,206
	On disposals	(108,866)		-		(108,866)
	At 31 March 2026	139,703		97,983		237,686

	Net book value
	At 31 March 2026	182,831		46,393		229,224
	At 31 March 2025	67,690		6,572		74,262


5	Debtors			2026		2025
£					£

	Trade debtors			141,072		36,803
	Deferred tax asset			54,590		20,195
	Other debtors			2,791		3,392
				198,453		60,390


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

	Bank loans and overdrafts			-		36
	Trade creditors			184,798		17,878
	Taxation and social security costs			5,933		15,533
	Other creditors			29,310		28,638
				220,041		62,085


7	Controlling party

	The company is controlled by Mr K Irvine.


8	Other information

	K Irvine Plant (UK) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Wayside Farm
	Guilsborough Road
	West Haddon
	NN6 7AG