KIMBERS (SOUTHERN) LIMITED - Filleted accounts

Registered number

01793894

KIMBERS (SOUTHERN) LIMITED

Filleted Accounts

30 April 2025

KIMBERS (SOUTHERN) LIMITED
Registered number:		01793894
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		118,333			119,001

Current assets
Stocks		199,138			220,818
Debtors	4	190,465			174,591
Cash at bank and in hand		298,557			172,499
		688,160			567,908

Creditors: amounts falling due within one year	5	(431,375)			(302,060)

Net current assets			256,785			265,848

Total assets less current liabilities			375,118			384,849


Provisions for liabilities			(29,583)			(29,750)


Net assets			345,535			355,099

Capital and reserves
Called up share capital			100			100
Profit and loss account			345,435			354,999

Shareholders' funds			345,535			355,099

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.




P. Hunt
Director
Approved by the board on 7 October 2025

KIMBERS (SOUTHERN) LIMITED
Notes to the Accounts
for the year ended 30 April 2025


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 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:

	Land and buildings			25% reducing balance
	Plant and machinery			15% reducing balance
	Motor vehicles			25% reducing balance

	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					2025		2024
Number							Number

	Average number of persons employed by the company					14		15


3	Tangible fixed assets
		Land and buildings		Plant and machinery		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 May 2024	5,172		221,140		163,281		389,593
	Additions	-		3,032		32,420		35,452
	Disposals	-		-		(20,900)		(20,900)
	At 30 April 2025	5,172		224,172		174,801		404,145

	Depreciation
	At 1 May 2024	4,860		175,775		89,957		270,592
	Charge for the year	78		7,514		25,738		33,330
	On disposals	-		-		(18,110)		(18,110)
	At 30 April 2025	4,938		183,289		97,585		285,812

	Net book value
	At 30 April 2025	234		40,883		77,216		118,333
	At 30 April 2024	312		45,365		73,324		119,001


4	Debtors					2025		2024
£							£

	Trade debtors					138,991		133,981
	Other debtors					51,474		40,610
						190,465		174,591


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					190,734		142,316
	Directors loan account					38,936		1,044
	Corporation Tax					25,882		7,229
	Taxation and social security costs					10,977		15,847
	Value Added Tax					59,814		54,881
	Other creditors					105,032		80,743
						431,375		302,060


6	Other information

	KIMBERS (SOUTHERN) LIMITED is a private company limited by shares and incorporated in England.
	1a Somerford Business Park
	Wilverley Road
	Christchurch
	BH23 3RU