Kevin FG Limited 12308085 true 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is that of a carpenter Digita Accounts Production Advanced 6.30.9574.0 true Mr K F Gibbons true 12308085 2022-12-01 2023-11-30 12308085 2023-11-30 12308085 bus:OrdinaryShareClass1 2023-11-30 12308085 core:RetainedEarningsAccumulatedLosses 2023-11-30 12308085 core:ShareCapital 2023-11-30 12308085 core:CurrentFinancialInstruments 2023-11-30 12308085 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 12308085 core:CurrentFinancialInstruments core:WithinOneYear 2 2023-11-30 12308085 bus:FRS102 2022-12-01 2023-11-30 12308085 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12308085 bus:FullAccounts 2022-12-01 2023-11-30 12308085 bus:RegisteredOffice 2022-12-01 2023-11-30 12308085 bus:Director1 2022-12-01 2023-11-30 12308085 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 12308085 bus:EntityNoLongerTradingButTradedInPast 2022-12-01 2023-11-30 12308085 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12308085 countries:EnglandWales 2022-12-01 2023-11-30 12308085 2021-12-01 2022-11-30 12308085 2022-11-30 12308085 bus:OrdinaryShareClass1 2022-11-30 12308085 core:RetainedEarningsAccumulatedLosses 2022-11-30 12308085 core:ShareCapital 2022-11-30 12308085 core:CurrentFinancialInstruments 2022-11-30 12308085 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 12308085 core:CurrentFinancialInstruments core:WithinOneYear 2 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12308085

Kevin FG Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

 

Kevin FG Limited

Profit and Loss Account for the Year Ended 30 November 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Kevin FG Limited

(Registration number: 12308085)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Current assets

 

Debtors

3

7,272

7,272

Cash at bank and in hand

 

100

100

 

7,372

7,372

Creditors: Amounts falling due within one year

5

(350)

(350)

Net assets

 

7,022

7,022

Capital and reserves

 

Called up share capital

6

1

1

Retained earnings

7,021

7,021

Shareholders' funds

 

7,022

7,022

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 14 August 2024
 

.........................................
Mr K F Gibbons
Director

 

Kevin FG Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
27 Swan Close
St Ives
Cambs
PE27 6XH
England

These financial statements were authorised for issue by the director on 14 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Kevin FG Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

Current

Note

2023
£

2022
£

Other debtors

 

6,138

6,138

Income tax asset

1,134

1,134

   

7,272

7,272

4

Cash and cash equivalents

2023
£

2022
£

Cash at bank

100

100

5

Creditors

2023
£

2022
£

Due within one year

Accruals

350

350

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

         
 

Kevin FG Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

7

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).