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REGISTERED NUMBER: 12841593 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Kelsey Construction Limited

Kelsey Construction Limited (Registered number: 12841593)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kelsey Construction Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: T J Kelsey
L E Knox





REGISTERED OFFICE: Moor View Golf Centre Limited
Bradway Road
Sheffield
South Yorkshire
S17 4QU





REGISTERED NUMBER: 12841593 (England and Wales)





ACCOUNTANT: Stephen R Rhodes
2 Townhead Mill
Eyam
Hope Valley
Derbyshire
S32 5RE

Kelsey Construction Limited (Registered number: 12841593)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 341,457 341,457

CURRENT ASSETS
Fees in progress 654,528 441,073
Debtors 5 20,254 -
Cash at bank and in hand 15,938 22,176
690,720 463,249
CREDITORS
Amounts falling due within one year 6 1,051,487 818,612
NET CURRENT LIABILITIES (360,767 ) (355,363 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,310

)

(13,906

)

RESERVES
Retained earnings (19,310 ) (13,906 )
(19,310 ) (13,906 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Kelsey Construction Limited (Registered number: 12841593)

Balance Sheet - continued
31 August 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2024 and were signed on its behalf by:




T J Kelsey - Director



L E Knox - Director


Kelsey Construction Limited (Registered number: 12841593)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Kelsey Construction 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing fees in progress to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Kelsey Construction Limited (Registered number: 12841593)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 September 2022
and 31 August 2023 341,457
NET BOOK VALUE
At 31 August 2023 341,457
At 31 August 2022 341,457

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.8.23 31.8.22
£    £   
Other debtors 20,254 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.8.23 31.8.22
£    £   
Other creditors 1,051,487 818,612