2023-01-012023-12-312023-12-31false04487838PAUL M KENNEDY LIMITED2024-09-1974909iso4217:GBPxbrli:pure044878382023-01-01044878382023-12-31044878382023-01-012023-12-31044878382022-01-01044878382022-12-31044878382022-01-012022-12-3104487838bus:SmallEntities2023-01-012023-12-3104487838bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3104487838bus:AbridgedAccounts2023-01-012023-12-3104487838bus:PrivateLimitedCompanyLtd2023-01-012023-12-3104487838core:WithinOneYear2023-12-3104487838core:AfterOneYear2023-12-3104487838core:WithinOneYear2022-12-3104487838core:AfterOneYear2022-12-3104487838core:ShareCapital2023-12-3104487838core:SharePremium2023-12-3104487838core:RevaluationReserve2023-12-3104487838core:OtherReservesSubtotal2023-12-3104487838core:RetainedEarningsAccumulatedLosses2023-12-3104487838core:ShareCapital2022-12-3104487838core:SharePremium2022-12-3104487838core:RevaluationReserve2022-12-3104487838core:OtherReservesSubtotal2022-12-3104487838core:RetainedEarningsAccumulatedLosses2022-12-3104487838core:LandBuildings2023-12-3104487838core:PlantMachinery2023-12-3104487838core:Vehicles2023-12-3104487838core:FurnitureFittings2023-12-3104487838core:OfficeEquipment2023-12-3104487838core:NetGoodwill2023-12-3104487838core:IntangibleAssetsOtherThanGoodwill2023-12-3104487838core:ListedExchangeTraded2023-12-3104487838core:UnlistedNon-exchangeTraded2023-12-3104487838core:LandBuildings2022-12-3104487838core:PlantMachinery2022-12-3104487838core:Vehicles2022-12-3104487838core:FurnitureFittings2022-12-3104487838core:OfficeEquipment2022-12-3104487838core:NetGoodwill2022-12-3104487838core:IntangibleAssetsOtherThanGoodwill2022-12-3104487838core:ListedExchangeTraded2022-12-3104487838core:UnlistedNon-exchangeTraded2022-12-3104487838core:LandBuildings2023-01-012023-12-3104487838core:PlantMachinery2023-01-012023-12-3104487838core:Vehicles2023-01-012023-12-3104487838core:FurnitureFittings2023-01-012023-12-3104487838core:OfficeEquipment2023-01-012023-12-3104487838core:NetGoodwill2023-01-012023-12-3104487838core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3104487838core:ListedExchangeTraded2023-01-012023-12-3104487838core:UnlistedNon-exchangeTraded2023-01-012023-12-3104487838core:MoreThanFiveYears2023-01-012023-12-3104487838core:Non-currentFinancialInstruments2023-12-3104487838core:Non-currentFinancialInstruments2022-12-3104487838dpl:CostSales2023-01-012023-12-3104487838dpl:DistributionCosts2023-01-012023-12-3104487838core:LandBuildings2023-01-012023-12-3104487838core:PlantMachinery2023-01-012023-12-3104487838core:Vehicles2023-01-012023-12-3104487838core:FurnitureFittings2023-01-012023-12-3104487838core:OfficeEquipment2023-01-012023-12-3104487838dpl:AdministrativeExpenses2023-01-012023-12-3104487838core:NetGoodwill2023-01-012023-12-3104487838core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3104487838dpl:GroupUndertakings2023-01-012023-12-3104487838dpl:ParticipatingInterests2023-01-012023-12-3104487838dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3104487838core:ListedExchangeTraded2023-01-012023-12-3104487838dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3104487838core:UnlistedNon-exchangeTraded2023-01-012023-12-3104487838dpl:CostSales2022-01-012022-12-3104487838dpl:DistributionCosts2022-01-012022-12-3104487838core:LandBuildings2022-01-012022-12-3104487838core:PlantMachinery2022-01-012022-12-3104487838core:Vehicles2022-01-012022-12-3104487838core:FurnitureFittings2022-01-012022-12-3104487838core:OfficeEquipment2022-01-012022-12-3104487838dpl:AdministrativeExpenses2022-01-012022-12-3104487838core:NetGoodwill2022-01-012022-12-3104487838core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3104487838dpl:GroupUndertakings2022-01-012022-12-3104487838dpl:ParticipatingInterests2022-01-012022-12-3104487838dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3104487838core:ListedExchangeTraded2022-01-012022-12-3104487838dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3104487838core:UnlistedNon-exchangeTraded2022-01-012022-12-3104487838core:NetGoodwill2023-12-3104487838core:IntangibleAssetsOtherThanGoodwill2023-12-3104487838core:LandBuildings2023-12-3104487838core:PlantMachinery2023-12-3104487838core:Vehicles2023-12-3104487838core:FurnitureFittings2023-12-3104487838core:OfficeEquipment2023-12-3104487838core:AfterOneYear2023-12-3104487838core:WithinOneYear2023-12-3104487838core:ListedExchangeTraded2023-12-3104487838core:UnlistedNon-exchangeTraded2023-12-3104487838core:ShareCapital2023-12-3104487838core:SharePremium2023-12-3104487838core:RevaluationReserve2023-12-3104487838core:OtherReservesSubtotal2023-12-3104487838core:RetainedEarningsAccumulatedLosses2023-12-3104487838core:NetGoodwill2022-12-3104487838core:IntangibleAssetsOtherThanGoodwill2022-12-3104487838core:LandBuildings2022-12-3104487838core:PlantMachinery2022-12-3104487838core:Vehicles2022-12-3104487838core:FurnitureFittings2022-12-3104487838core:OfficeEquipment2022-12-3104487838core:AfterOneYear2022-12-3104487838core:WithinOneYear2022-12-3104487838core:L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PAUL M KENNEDY LIMITED

Registered Number
04487838
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

PAUL M KENNEDY LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

Paul Kennedy

Company Secretary

KENNEDY, Emma Lucy

Registered Address

53 Graham Avenue
Broxbourne
EN10 7DU

Registered Number

04487838 (England and Wales)
PAUL M KENNEDY LIMITED
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Investments311
11
Current assets
Debtors461,012164,481
Cash at bank and on hand389,263302,133
450,275466,614
Creditors amounts falling due within one year5(6,503)(4,876)
Net current assets (liabilities)443,772461,738
Total assets less current liabilities443,773461,739
Net assets443,773461,739
Capital and reserves
Called up share capital100100
Profit and loss account443,673461,639
Shareholders' funds443,773461,739
The financial statements were approved and authorised for issue by the Director on 19 September 2024, and are signed on its behalf by:
Paul Kennedy
Director
Registered Company No. 04487838
PAUL M KENNEDY LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £1.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard. These financial statements contain information about Paul M Kennedy Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.
2.Average number of employees

20232022
Average number of employees during the year11
3.Fixed asset investments
Investments relate to the company's 100% shareholding in OBK Limited

Total

£
Cost or valuation
At 01 January 231
At 31 December 231
Net book value
At 31 December 231
At 31 December 221
4.Debtors: amounts due within one year

2023

2022

££
Amounts owed by group undertakings54,356164,481
Prepayments and accrued income6,656-
Total61,012164,481
5.Creditors: amounts due within one year

2023

2022

££
Taxation and social security1,65024
Other creditors4,8534,852
Total6,5034,876
6.Related party transactions
As at 31 December 2023 the company owed the Director, Paul Kennedy, £4,853 (2022: £4,853). This loan is interest free and repayable on demand. As at 31 December 2023 the company was owed £54,481(2021: £164,481) by OBK Limited. This loan is interest free and repayable on demand.