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
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
Kelly & Mackay Ltd
Statement of financial position
as at 31 August 2023
Intangible assets
5,131
5,773
Tangible assets
9,402
13,483
Cash at bank and in hand
4,952
13,081
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)
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
Kelly & Mackay Ltd
Notes to the Accounts
for the year ended 31 August 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2022
20,374
At 1 September 2022
14,601
Kelly & Mackay Ltd
Notes to the Accounts
for the year ended 31 August 2023
5
Tangible fixed assets
Plant & machinery
At 1 September 2022
35,779
At 1 September 2022
22,296
Amounts falling due within one year
Accrued income and prepayments
-
1,742
Other debtors
10,143
8,370
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
839
1,164
Other creditors
1,216
1,198
Loans from directors
10,905
3,925
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).