KITCHENS CONTINENTAL LIMITED - Filleted accounts

Registered number

04669207

KITCHENS CONTINENTAL LIMITED

Filleted Accounts

28 February 2025

KITCHENS CONTINENTAL LIMITED
Registered number:		04669207
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		31,600			31,600
Tangible assets	4		25,235			25,235
			56,835			56,835

Current assets
Stocks		93,510			115,245
Debtors	5	119,972			137,085
		213,482			252,330

Creditors: amounts falling due within one year	6	(165,746)			(209,967)

Net current assets			47,736			42,363

Net assets			99,571			99,198

Capital and reserves
Called up share capital			4			4
Profit and loss account			99,567			99,194

Shareholders' funds			99,571			99,198

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.




B Miel
Director
Approved by the board on 25 November 2025

KITCHENS CONTINENTAL LIMITED
Notes to the Accounts
for the year ended 28 February 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and compared to 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:

	Freehold buildings
	Leasehold land and buildings	no value is reflected
	Fixtures, fittings and equipment	no value is reflected
	Plant and machinery	additions are written off and estimated realisable value and net book value are compared at the end of each year


	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		6		5



3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 March 2024				31,600
	At 28 February 2025				31,600

	Amortisation
	At 28 February 2025				-

	Net book value
	At 28 February 2025				31,600
	At 29 February 2024				31,600

4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 March 2024				91,876
	At 28 February 2025				91,876

	Depreciation
	At 1 March 2024				66,641
	Charge for the year				-
	At 28 February 2025				66,641

	Net book value
	At 28 February 2025				25,235
	At 29 February 2024				25,235


5	Debtors		2025		2024
£				£

	Trade debtors		85,995		108,734
	Other debtors		33,977		28,351
			119,972		137,085


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

	Bank loans and overdrafts		1,577		25,018
	Trade creditors		9,170		16,369
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		114,402		146,918
	Taxation and social security costs		9,443		(6,533)
	Other creditors		31,154		28,195
			165,746		209,967


7	Other information

	KITCHENS CONTINENTAL LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	196 Brent Street,
	Hendon,
	London,
	NW4 1BE