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REGISTERED NUMBER: SC328912 (Scotland)















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: Ms F Clark





REGISTERED OFFICE: Shannaburn House
Blairs
Aberdeenshire
AB12 5YQ





REGISTERED NUMBER: SC328912 (Scotland)





ACCOUNTANTS: Benham Conway & Co
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 81,704 81,704

CREDITORS
Amounts falling due within one year 6 500,721 500,721
NET CURRENT LIABILITIES (419,017 ) (419,017 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(419,017

)

(419,017

)

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings (419,022 ) (419,022 )
SHAREHOLDERS' FUNDS (419,017 ) (419,017 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

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 director and authorised for issue on 15 April 2024 and were signed by:





Ms F Clark - Director


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 private company, limited by shares , registered in Scotland. 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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 5,159
DEPRECIATION
At 1 August 2022
and 31 July 2023 5,159
NET BOOK VALUE
At 31 July 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 81,704 81,704

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 49,379 49,379
500,721 500,721

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.