REGISTERED NUMBER: |
KENNEDY PRODUCTIONS COMPANY LTD. |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 |
REGISTERED NUMBER: |
KENNEDY PRODUCTIONS COMPANY LTD. |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 |
KENNEDY PRODUCTIONS COMPANY LTD. (REGISTERED NUMBER: SC328912) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31 July 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
KENNEDY PRODUCTIONS COMPANY LTD. |
COMPANY INFORMATION |
For The Year Ended 31 July 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
16 Royal Crescent |
Glasgow |
G3 7SL |
KENNEDY PRODUCTIONS COMPANY LTD. (REGISTERED NUMBER: SC328912) |
BALANCE SHEET |
31 July 2023 |
31.7.23 | 31.7.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
KENNEDY PRODUCTIONS COMPANY LTD. (REGISTERED NUMBER: SC328912) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31 July 2023 |
1. | STATUTORY INFORMATION |
Kennedy Productions Company Ltd. is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Plant and machinery etc | - |
Going concern |
The director has prepared the accounts on a going concern basis despite there being net liabilities at the balance sheet date. Loans provided by the shareholders together with personal guarantees given in respect of the bank overdraft exceed the net liabilities and they will not seek repayment of their loans until the company has sufficient funds. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 August 2022 |
and 31 July 2023 |
DEPRECIATION |
At 1 August 2022 |
and 31 July 2023 |
NET BOOK VALUE |
At 31 July 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.23 | 31.7.22 |
£ | £ |
Trade debtors |
KENNEDY PRODUCTIONS COMPANY LTD. (REGISTERED NUMBER: SC328912) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 July 2023 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.23 | 31.7.22 |
£ | £ |
Director's loan account | 114,961 | 114,961 |
Other loans | 336,381 | 336,381 |
Other creditors |
7. | RELATED PARTY DISCLOSURES |
At 31 July 2023 the company's director, Ms F Clark, had provided the company with interest free loans of £114,961 ( 2022, £114,961) and Ms M Maitland (who resigned as a director on 29 March 2011) had provided the company with an interest free loan of £36,381 (2022, £36,381).There are no fixed repayment terms for these loans. |
At 31 July 2023 a shareholder and close family member of the company's director had provided a loan of £300,000 (2022, £300,000). There are no fixed repayment terms for this loan. |