The Kennels Ltd 12980262 false 2022-11-01 2023-10-30 2023-10-30 The principal activity of the company is Raising of other animals Digita Accounts Production Advanced 6.30.9574.0 true true 12980262 2022-11-01 2023-10-30 12980262 2023-10-30 12980262 core:CurrentFinancialInstruments 2023-10-30 12980262 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-30 12980262 core:Non-currentFinancialInstruments core:AfterOneYear 2023-10-30 12980262 core:FurnitureFittings 2023-10-30 12980262 core:MotorVehicles 2023-10-30 12980262 bus:SmallEntities 2022-11-01 2023-10-30 12980262 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-30 12980262 bus:FullAccounts 2022-11-01 2023-10-30 12980262 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-30 12980262 bus:RegisteredOffice 2022-11-01 2023-10-30 12980262 bus:Director1 2022-11-01 2023-10-30 12980262 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-30 12980262 core:FurnitureFittings 2022-11-01 2023-10-30 12980262 core:MotorVehicles 2022-11-01 2023-10-30 12980262 countries:AllCountries 2022-11-01 2023-10-30 12980262 2022-10-31 12980262 core:FurnitureFittings 2022-10-31 12980262 core:MotorVehicles 2022-10-31 12980262 2021-11-01 2022-10-31 12980262 2022-10-31 12980262 core:CurrentFinancialInstruments 2022-10-31 12980262 core:CurrentFinancialInstruments core:WithinOneYear 2022-10-31 12980262 core:Non-currentFinancialInstruments core:AfterOneYear 2022-10-31 12980262 core:FurnitureFittings 2022-10-31 12980262 core:MotorVehicles 2022-10-31 iso4217:GBP xbrli:pure

Registration number: 12980262

The Kennels Ltd

Unaudited Financial Statements

for the Period from 1 November 2022 to 30 October 2023

 

The Kennels Ltd

(Registration number: 12980262)

Balance Sheet as at 30 October 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

23,114

19,243

Current assets

 

Debtors

4

-

1,228

Cash at bank and in hand

 

2,342

5,588

 

2,342

6,816

Creditors: Amounts falling due within one year

5

(24,552)

(18,645)

Net current liabilities

 

(22,210)

(11,829)

Total assets less current liabilities

 

904

7,414

Creditors: Amounts falling due after more than one year

5

(5,928)

(4,555)

Provisions for liabilities

-

(2,405)

Net (liabilities)/assets

 

(5,024)

454

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

(5,124)

354

Shareholders' (deficit)/funds

 

(5,024)

454

For the financial period ending 30 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

The Kennels Ltd

(Registration number: 12980262)

Balance Sheet as at 30 October 2023

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 18 October 2024
 

.........................................

Mr D R Cartwright
Director

 

The Kennels Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2022 to 30 October 2023

1

Accounting policies

The Kennels Ltd is a private company, limited by shares, domiciled in England and Wales, company number 12980262. The registered office is at 27 Amanda Road, Harworth, Doncaster, DN11 8HP.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in statement of income and retained earnings, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

The Kennels Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2022 to 30 October 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor Vehicles

25% Straight Line

Furniture and fittings

25% Straight Line

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

2

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2022 - 1).

 

The Kennels Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2022 to 30 October 2023

3

Tangible assets

Fixtures and fittings
£

Motor vehicles
 £

Total
£

Cost

At 1 November 2022

6,351

32,134

38,485

Additions

-

28,703

28,703

Disposals

-

(32,134)

(32,134)

At 30 October 2023

6,351

28,703

35,054

Depreciation

At 1 November 2022

3,176

16,066

19,242

Charge for the period

1,588

7,176

8,764

Eliminated on disposal

-

(16,066)

(16,066)

At 30 October 2023

4,764

7,176

11,940

Carrying amount

At 30 October 2023

1,587

21,527

23,114

At 31 October 2022

3,175

16,068

19,243

4

Debtors

2023
£

2022
£

Prepayments

-

1,228

-

1,228

5

Creditors

2023
£

2022
£

Due within one year

 

HP and finance lease liabilities

1,617

1,518

Trade creditors

 

894

-

Accruals and deferred income

 

954

1,242

Other creditors

 

7,050

3,050

Directors current account

 

14,037

12,835

 

24,552

18,645

 

The Kennels Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2022 to 30 October 2023

2023
£

2022
£

Due after one year

 

HP and finance lease liabilities

5,928

4,555