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Registered number: 13287936
Kirbys Construction Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 13287936
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 125,006 166,046
125,006 166,046
CURRENT ASSETS
Debtors 5 261,847 250,760
Cash at bank and in hand 112,147 20,911
373,994 271,671
Creditors: Amounts Falling Due Within One Year 6 (258,357 ) (203,177 )
NET CURRENT ASSETS (LIABILITIES) 115,637 68,494
TOTAL ASSETS LESS CURRENT LIABILITIES 240,643 234,540
Creditors: Amounts Falling Due After More Than One Year 7 (19,924 ) (35,008 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,746 ) (14,602 )
NET ASSETS 206,973 184,930
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 206,971 184,928
SHAREHOLDERS' FUNDS 206,973 184,930
Page 1
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For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
K Jarvis
Director
12 October 2026
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Kirbys Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13287936 . The registered office is Unit 5, Creative Quarter, Javelin Way, Ashford, Kent, TN24 8FN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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 costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Over the lease term
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 3 years straight line
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2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Financial Instruments
The company applies the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Basic financial assets and liabilities are initially measured at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets and liabilities classified as receivable or payable within one year are not amortised.
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.7. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with
banks, other short-term liquid investments with original maturities of three months or less, and bank
overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2025: 4)
3 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2025 66,397 7,067 129,467 8,197 211,128
Additions - 3,121 6,995 2,996 13,112
Disposals - - (24,122 ) (616 ) (24,738 )
As at 31 March 2026 66,397 10,188 112,340 10,577 199,502
Depreciation
As at 1 April 2025 2,031 1,670 36,251 5,130 45,082
Provided during the period 11,935 1,560 20,451 2,387 36,333
Disposals - - (6,303 ) (616 ) (6,919 )
As at 31 March 2026 13,966 3,230 50,399 6,901 74,496
Net Book Value
As at 31 March 2026 52,431 6,958 61,941 3,676 125,006
As at 1 April 2025 64,366 5,397 93,216 3,067 166,046
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2026 2025
£ £
Motor Vehicles 27,018 36,025
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5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 77,105 239,449
Other debtors 184,742 11,311
261,847 250,760
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 4,709 8,150
Trade creditors 142,636 60,638
Other creditors 27,463 32,287
Taxation and social security 83,549 102,102
258,357 203,177
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 19,924 35,008
8. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,709 8,150
Later than one year and not later than five years 19,924 35,008
24,633 43,158
24,633 43,158
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
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10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year 13,000 13,000
Later than one year and not later than five years 57,416 65,000
Later than five years - 5,417
70,416 83,417
11. Directors Advances, Credits and Guarantees
During the year the company made advances to the Director totalling £51,226 and recevied repayments totalling £51,477. The balance outstanding at the year end was £1,548 (2025: £1,799) and is shown within other debtors. The loan is unsecured and repayable on demand.
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