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REGISTERED NUMBER: 08684384 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2021

FOR

KERR DARNLEY LIMITED

KERR DARNLEY LIMITED (REGISTERED NUMBER: 08684384)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


KERR DARNLEY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2021







DIRECTOR: P A Harris





REGISTERED OFFICE: 4th Floor St James House
St Jame's Square
Cheltenham
Gloucestershire
GL50 3PR





REGISTERED NUMBER: 08684384 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
Gloucestershire
GL50 3PR

KERR DARNLEY LIMITED (REGISTERED NUMBER: 08684384)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2021

2021 2020
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 4,792 96

CURRENT ASSETS
Debtors 5 70,989 30,794
Cash at bank 224,139 207,673
295,128 238,467
CREDITORS
Amounts falling due within one year 6 (50,581 ) (34,735 )
NET CURRENT ASSETS 244,547 203,732
TOTAL ASSETS LESS CURRENT
LIABILITIES

249,339

203,828

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 249,329 203,818
SHAREHOLDERS' FUNDS 249,339 203,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

KERR DARNLEY LIMITED (REGISTERED NUMBER: 08684384)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 2021


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 August 2022 and were signed by:





P A Harris - Director


KERR DARNLEY LIMITED (REGISTERED NUMBER: 08684384)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021


1. STATUTORY INFORMATION

Kerr Darnley 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
Revenue 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.
Fixtures and fittings - 12.5% on reducing balance
Computer equipment - 33.3% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 1 ) .

KERR DARNLEY LIMITED (REGISTERED NUMBER: 08684384)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2021


4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2020 299 4,238 4,537
Additions 5,542 - 5,542
At 30 September 2021 5,841 4,238 10,079
DEPRECIATION
At 1 October 2020 203 4,238 4,441
Charge for year 846 - 846
At 30 September 2021 1,049 4,238 5,287
NET BOOK VALUE
At 30 September 2021 4,792 - 4,792
At 30 September 2020 96 - 96

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors - 5,820
Other debtors 70,989 24,974
70,989 30,794

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Taxation and social security 47,431 31,835
Other creditors 3,150 2,900
50,581 34,735

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £70,000 (2020 - £80,000) were paid to the director .

Included within other debtors due within one year is a loan to P A Harris, a director, amounting to £37,737 (2020: £17,512). Interest has been charged in accordance with HMRC guidance.