1 September 2022 false No description of principal activity Taxfiler 2024.1 10315520business:PrivateLimitedCompanyLtd2022-09-012023-08-31 103155202022-08-31 103155202022-09-012023-08-31 10315520business:AuditExemptWithAccountantsReport2022-09-012023-08-31 10315520business:FilletedAccounts2022-09-012023-08-31 103155202023-08-31 10315520business:Director12022-09-012023-08-31 10315520business:Director22022-09-012023-08-31 10315520business:RegisteredOffice2022-09-012023-08-31 103155202022-08-31 10315520core:WithinOneYear2023-08-31 10315520core:WithinOneYear2022-08-31 10315520core:AfterOneYear2023-08-31 10315520core:AfterOneYear2022-08-31 10315520core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 10315520core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 10315520core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 10315520core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 10315520core:PreviouslyStatedAmount2023-08-31 10315520core:PreviouslyStatedAmount2022-08-31 10315520business:SmallEntities2022-09-012023-08-31 10315520countries:EnglandWales2022-09-012023-08-31 10315520core:Goodwill2022-08-31 10315520core:Goodwill2023-08-31 10315520core:Goodwill2022-09-012023-08-31 10315520core:PlantMachinery2022-08-31 10315520core:PlantMachinery2023-08-31 10315520core:PlantMachinery2022-09-012023-08-31 103155202021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10315520 (England and Wales)
Kelly & Mackay Ltd Unaudited accounts for the year ended 31 August 2023
Kelly & Mackay Ltd Unaudited accounts Contents
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Kelly & Mackay Ltd Company Information for the year ended 31 August 2023
Directors
David Kelly Sharon Kelly
Company Number
10315520 (England and Wales)
Registered Office
76 Hillary Road Basingstoke Hampshire RG21 5TW
Accountants
Black & White Chartered Certified Accountants 2-3 Stable Court Herriard Park Herriard Hampshire RG25 2PL
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Kelly & Mackay Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,131 
5,773 
Tangible assets
9,402 
13,483 
14,533 
19,256 
Current assets
Debtors
10,143 
10,112 
Cash at bank and in hand
4,952 
13,081 
15,095 
23,193 
Creditors: amounts falling due within one year
(16,866)
(11,350)
Net current (liabilities)/assets
(1,771)
11,843 
Total assets less current liabilities
12,762 
31,099 
Creditors: amounts falling due after more than one year
(36,206)
(47,828)
Net liabilities
(23,444)
(16,729)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(23,446)
(16,731)
Shareholders' funds
(23,444)
(16,729)
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2024 and were signed on its behalf by
David Kelly Director Company Registration No. 10315520
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Kelly & Mackay Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Kelly & Mackay Ltd is a private company, limited by shares, registered in England and Wales, registration number 10315520. The registered office is 76 Hillary Road, Basingstoke, Hampshire, RG21 5TW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2022
20,374 
At 31 August 2023
20,374 
Amortisation
At 1 September 2022
14,601 
Charge for the year
642 
At 31 August 2023
15,243 
Net book value
At 31 August 2023
5,131 
At 31 August 2022
5,773 
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Kelly & Mackay Ltd Notes to the Accounts for the year ended 31 August 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2022
35,779 
At 31 August 2023
35,779 
Depreciation
At 1 September 2022
22,296 
Charge for the year
4,081 
At 31 August 2023
26,377 
Net book value
At 31 August 2023
9,402 
At 31 August 2022
13,483 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
1,742 
Other debtors
10,143 
8,370 
10,143 
10,112 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,327 
4,662 
Taxes and social security
839 
1,164 
Other creditors
1,216 
1,198 
Loans from directors
10,905 
3,925 
Accruals
579 
401 
16,866 
11,350 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
36,206 
47,828 
9
Average number of employees
During the year the average number of employees was 11 (2022: 11).
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