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REGISTERED NUMBER: 09041195 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024

FOR

KAVANAGH BROTHERS LIMITED

KAVANAGH BROTHERS LIMITED (REGISTERED NUMBER: 09041195)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KAVANAGH BROTHERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2024







DIRECTOR: S Kavanagh





REGISTERED OFFICE: 3A Aston Road
Bedford
Bedfordshire
MK42 0LJ





REGISTERED NUMBER: 09041195 (England and Wales)





ACCOUNTANTS: Elsby & Co
155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB

KAVANAGH BROTHERS LIMITED (REGISTERED NUMBER: 09041195)

BALANCE SHEET
31ST MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,945 33,329

CURRENT ASSETS
Debtors 5 5,042 5,294
Cash at bank 20,646 11,811
25,688 17,105
CREDITORS
Amounts falling due within one year 6 46,627 48,934
NET CURRENT LIABILITIES (20,939 ) (31,829 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,006 1,500

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 1,005 1,499
SHAREHOLDERS' FUNDS 1,006 1,500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21st August 2024 and were signed by:




S Kavanagh - Director


KAVANAGH BROTHERS LIMITED (REGISTERED NUMBER: 09041195)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024

1. STATUTORY INFORMATION

Kavanagh Brothers 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

KAVANAGH BROTHERS LIMITED (REGISTERED NUMBER: 09041195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st June 2023
and 31st May 2024 16,609 6,411 62,800 400 86,220
DEPRECIATION
At 1st June 2023 16,609 5,182 30,700 400 52,891
Charge for year - 684 10,700 - 11,384
At 31st May 2024 16,609 5,866 41,400 400 64,275
NET BOOK VALUE
At 31st May 2024 - 545 21,400 - 21,945
At 31st May 2023 - 1,229 32,100 - 33,329

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 793 1,362
Other debtors 4,249 3,932
5,042 5,294

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 95 257
Taxation and social security 7,127 (2,287 )
Other creditors 39,405 50,964
46,627 48,934

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1