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REGISTERED NUMBER: 14155190 (England and Wales)












Kerry Regan Trading Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2024






Kerry Regan Trading Ltd (Registered number: 14155190)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Kerry Regan Trading Ltd

Company Information
for the Year Ended 30 June 2024







Director: Ms K B Regan





Registered office: East View
Upton
Caldbeck
Cumbria
CA7 8EU





Registered number: 14155190 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Kerry Regan Trading Ltd (Registered number: 14155190)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
Fixed assets
Intangible assets 4 22,827 30,436
Tangible assets 5 40,834 49,435
63,661 79,871

Current assets
Stocks 6,975 13,264
Debtors 6 11,364 5,689
Cash at bank and in hand 151,366 87,978
169,705 106,931
Creditors
Amounts falling due within one year 7 89,777 62,679
Net current assets 79,928 44,252
Total assets less current liabilities 143,589 124,123

Capital and reserves
Called up share capital 25,000 25,000
Retained earnings 118,589 99,123
143,589 124,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Kerry Regan Trading Ltd (Registered number: 14155190)

Balance Sheet - continued
30 June 2024


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 13 September 2024 and were signed by:





Ms K B Regan - Director


Kerry Regan Trading Ltd (Registered number: 14155190)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. Statutory information

Kerry Regan Trading Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company does not operate a company pension scheme but makes contributions to a personal pension scheme of the director. Contributions payable for the year are charged in the profit and loss account.

3. Employees and directors

The average number of employees during the year was 17 (2023 - 17 ) .

Kerry Regan Trading Ltd (Registered number: 14155190)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 July 2023
and 30 June 2024 38,045
Amortisation
At 1 July 2023 7,609
Amortisation for year 7,609
At 30 June 2024 15,218
Net book value
At 30 June 2024 22,827
At 30 June 2023 30,436

5. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 July 2023 65,915
Additions 5,012
At 30 June 2024 70,927
Depreciation
At 1 July 2023 16,480
Charge for year 13,613
At 30 June 2024 30,093
Net book value
At 30 June 2024 40,834
At 30 June 2023 49,435

6. Debtors: amounts falling due within one year
30.6.24 30.6.23
£    £   
Trade debtors 9,883 4,376
Other debtors 1,481 1,313
11,364 5,689

Kerry Regan Trading Ltd (Registered number: 14155190)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. Creditors: amounts falling due within one year
30.6.24 30.6.23
£    £   
Trade creditors 13,653 14,856
Taxation and social security 50,874 38,860
Other creditors 25,250 8,963
89,777 62,679