Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31Consultancy1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12023-06-01falsefalsetruefalse 12330499 2023-06-01 2024-05-31 12330499 2022-06-01 2023-05-31 12330499 2024-05-31 12330499 2023-05-31 12330499 c:Director1 2023-06-01 2024-05-31 12330499 d:CurrentFinancialInstruments 2024-05-31 12330499 d:CurrentFinancialInstruments 2023-05-31 12330499 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 12330499 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 12330499 d:ShareCapital 2024-05-31 12330499 d:ShareCapital 2023-05-31 12330499 d:RetainedEarningsAccumulatedLosses 2024-05-31 12330499 d:RetainedEarningsAccumulatedLosses 2023-05-31 12330499 c:FRS102 2023-06-01 2024-05-31 12330499 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12330499 c:FullAccounts 2023-06-01 2024-05-31 12330499 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12330499 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 12330499









KERRY MCKENNA LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
KERRY MCKENNA LTD
REGISTERED NUMBER: 12330499

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
158
1,120

Cash at bank and in hand
 5 
-
45,694

  
158
46,814

Creditors: amounts falling due within one year
 6 
-
(23,908)

Net current assets
  
 
 
158
 
 
22,906

Total assets less current liabilities
  
158
22,906

  

Net assets
  
158
22,906


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
58
22,806

  
158
22,906


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 September 2024.




Kerry Ann McKenna
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 1

 
KERRY MCKENNA LTD
REGISTERED NUMBER: 12330499
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024


Page 2

 
KERRY MCKENNA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Kerry McKenna Limited is a company limited by shares incorporated in England within the United Kingdom, having a registration number of 12330499. The address of the registered office is 77 Francis Road, Edgbaston, Birmingham, West Midlands, England, B16 8SP. The principal activity of the company in the year under review was that of consultancy.
The financial statements are presented in sterling which is functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements has been prepared on a going concern basis which assumes that the company will continue to receive support from creditors and the director as and when required.

Page 3

 
KERRY MCKENNA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
KERRY MCKENNA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Trade debtors
-
1,120

Other debtors
158
-

158
1,120



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
-
45,694

-
45,694


Page 5

 
KERRY MCKENNA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
8,868

Other taxation and social security
-
57

Other creditors
-
14,983

-
23,908



7.


Controlling party

During the period, the company was under the control of its sole director and shareholder, Kerry Ann McKenna.

 
Page 6