IRIS Accounts Production v24.3.0.553 08527711 director 1.6.23 31.5.24 31.5.24 false true false false true false Ordinary A shares 1.00000 Ordinary B Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085277112023-05-31085277112024-05-31085277112023-06-012024-05-31085277112022-05-31085277112022-06-012023-05-31085277112023-05-3108527711ns15:EnglandWales2023-06-012024-05-3108527711ns14:PoundSterling2023-06-012024-05-3108527711ns10:Director12023-06-012024-05-3108527711ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3108527711ns10:SmallEntities2023-06-012024-05-3108527711ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3108527711ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3108527711ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3108527711ns10:FullAccounts2023-06-012024-05-3108527711ns10:OrdinaryShareClass22023-06-012024-05-3108527711ns10:OrdinaryShareClass32023-06-012024-05-3108527711ns10:RegisteredOffice2023-06-012024-05-3108527711ns5:CurrentFinancialInstruments2024-05-3108527711ns5:CurrentFinancialInstruments2023-05-3108527711ns5:Non-currentFinancialInstruments2024-05-3108527711ns5:Non-currentFinancialInstruments2023-05-3108527711ns5:ShareCapital2024-05-3108527711ns5:ShareCapital2023-05-3108527711ns5:RetainedEarningsAccumulatedLosses2024-05-3108527711ns5:RetainedEarningsAccumulatedLosses2023-05-3108527711ns5:PlantMachinery2023-06-012024-05-3108527711ns5:PlantMachinery2023-05-3108527711ns5:PlantMachinery2024-05-3108527711ns5:PlantMachinery2023-05-3108527711ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3108527711ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3108527711ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-05-3108527711ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-05-3108527711ns10:OrdinaryShareClass22024-05-3108527711ns10:OrdinaryShareClass32024-05-31
REGISTERED NUMBER: 08527711 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

KENDALL INVESTMENTS LTD

KENDALL INVESTMENTS LTD (REGISTERED NUMBER: 08527711)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KENDALL INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: Mr S Kendall



REGISTERED OFFICE: St Clare
Flawith
York
North Yorkshire
YO61 1SF



REGISTERED NUMBER: 08527711 (England and Wales)



ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



BANKERS: Lloyds TSB Bank plc
8-11 Cambridge Crescent
Harrogate
North Yorkshire
HG1 1PQ

KENDALL INVESTMENTS LTD (REGISTERED NUMBER: 08527711)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 92,437 123,250

CURRENT ASSETS
Stocks 5 492,656 925,004
Debtors 6 444,709 73,398
Cash at bank 597,921 317,118
1,535,286 1,315,520
CREDITORS
Amounts falling due within one year 7 88,124 11,491
NET CURRENT ASSETS 1,447,162 1,304,029
TOTAL ASSETS LESS CURRENT LIABILITIES 1,539,599 1,427,279

CREDITORS
Amounts falling due after more than
one year

8

(863,340

)

(730,000

)

PROVISIONS FOR LIABILITIES (20,091 ) (20,977 )
NET ASSETS 656,168 676,302

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 656,068 676,202
SHAREHOLDERS' FUNDS 656,168 676,302

KENDALL INVESTMENTS LTD (REGISTERED NUMBER: 08527711)

BALANCE SHEET - continued
31 MAY 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 October 2024 and were signed by:





Mr S Kendall - Director


KENDALL INVESTMENTS LTD (REGISTERED NUMBER: 08527711)

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

1. STATUTORY INFORMATION

Kendall Investments 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

When the outcome of a transaction can be estimated reliably, turnover from property development and trading is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to contractual obligations and services rendered.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Revenue grants
Grants which are received for compensation for expenses or losses which have already been incurred are recognisable in income when the grant is received or receivable

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 reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

KENDALL INVESTMENTS LTD (REGISTERED NUMBER: 08527711)

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

2. ACCOUNTING POLICIES - continued

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

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

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.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

KENDALL INVESTMENTS LTD (REGISTERED NUMBER: 08527711)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 June 2023
and 31 May 2024 174,503
DEPRECIATION
At 1 June 2023 51,253
Charge for year 30,813
At 31 May 2024 82,066
NET BOOK VALUE
At 31 May 2024 92,437
At 31 May 2023 123,250

5. STOCKS
31.5.24 31.5.23
£    £   
Stocks 492,656 925,004

KENDALL INVESTMENTS LTD (REGISTERED NUMBER: 08527711)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 429,574 73,001
Prepayments and accrued income 15,135 397
444,709 73,398

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Corporation tax 55,800 7,730
Social security and other taxes 147 147
Directors' current accounts 28,577 254
Accruals and deferred income 3,600 3,360
88,124 11,491

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Other loans 863,340 730,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
95 Ordinary A shares £1 95 95
5 Ordinary B Shares £1 5 5
100 100