2023-04-01 04385734 2024-03-31 04385734 2023-04-01 2024-03-31 04385734 2023-03-31 04385734 2022-04-01 2023-03-31 04385734 uk-core:WithinOneYear 2023-03-31 04385734 uk-core:WithinOneYear 2024-03-31 04385734 uk-core:AfterOneYear 2023-03-31 04385734 uk-core:AfterOneYear 2024-03-31 04385734 uk-core:ShareCapital 2024-03-31 04385734 uk-core:ShareCapital 2023-03-31 04385734 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 04385734 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 04385734 uk-bus:Director1 2023-04-01 2024-03-31 04385734 uk-core:PlantMachinery 2023-04-01 2024-03-31 04385734 uk-core:MotorVehicles 2023-04-01 2024-03-31 04385734 uk-core:Goodwill 2023-03-31 04385734 uk-core:Goodwill 2024-03-31 04385734 uk-core:MotorVehicles 2023-03-31 04385734 uk-core:PlantMachinery 2023-03-31 04385734 uk-core:PlantMachinery 2024-03-31 04385734 uk-core:MotorVehicles 2024-03-31 04385734 uk-core:WithinOneYear uk-core:Secured 2024-03-31 04385734 uk-core:WithinOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 04385734 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04385734 uk-bus:FRS102 2023-04-01 2024-03-31 04385734 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 04385734 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
T.D. & C. Kelly Ltd
Registered Number:04385734
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
T.D. & C. Kelly Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
04385734
As at 31 March 2024
T.D. & C. Kelly Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
33,249
37,362
3
33,249
37,362
Current assets
Inventories
1,000
1,000
4
Trade and other receivables
3,072
8,000
5
13,085
Cash and cash equivalents
19,152
28,152
17,157
Trade and other payables: amounts falling due within one
year
(12,238)
(16,428)
6
4,919
11,724
Net current assets
Total assets less current liabilities
44,973
42,281
Trade and other payables: amounts falling due after more
than one year
(16,058)
(5,860)
7
(5,685)
(6,466)
Provisions for liabilities
33,428
Net assets
19,757
Capital and reserves
Called up share capital
2
2
Retained earnings
33,426
19,755
33,428
19,757
Shareholders' funds
For the year ended 31 March 2024 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs C Kelly Director
These financial statements were approved and authorised for issue by the Board on 15 August 2024 and were signed by:
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4
Registered Number :
04385734
For the year ended 31 March 2024
T.D. & C. Kelly Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2024
T.D. & C. Kelly Ltd
Notes to the Financial Statements
Statutory Information
T.D. & C. Kelly Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04385734.
Principal place of business:
Penrhos
Cwttir Lane
St Asaph
Denibighshire
LL17 0LF
Registered address:
C/O The Old Police Station
Halkyn Street
Holywell
Flintshire
CH8 7TX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
10% Straight line
20% Straight line
Motor Vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
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6
For the year ended 31 March 2024
T.D. & C. Kelly Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2023
55,000
At 31 March 2024
55,000
Amortisation
At 01 April 2023
55,000
At 31 March 2024
55,000
Net book value
At 31 March 2024
-
At 31 March 2023
-
3. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 April 2023
143,381
12,995
130,386
At 31 March 2024
130,386
12,995
143,381
Provision for depreciation and impairment
At 01 April 2023
106,019
7,947
98,072
Charge for year
4,113
-
4,113
At 31 March 2024
110,132
7,947
102,185
At 31 March 2024
Net book value
28,201
5,048
33,249
At 31 March 2023
32,314
5,048
37,362
4. Inventories
2023
2024
£
£
Stocks
1,000
1,000
5. Trade and other receivables
2023
2024
£
£
Trade debtors
8,000
3,072
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7
For the year ended 31 March 2024
T.D. & C. Kelly Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
5,179
4,730
Trade creditors
4,618
2,893
Taxation and social security
5,935
4,615
Accruals and deferred income
190
-
Other creditors
506
-
16,428
12,238
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
5,569
10,629
5,429
291
Directors' loan accounts
5,860
16,058
8. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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