Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 SC161748 Mr Marshall Kennie Mr John Kennie Mr Marshall Kennie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC161748 2023-03-31 SC161748 2024-03-31 SC161748 2023-04-01 2024-03-31 SC161748 frs-core:CurrentFinancialInstruments 2024-03-31 SC161748 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 SC161748 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC161748 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 SC161748 frs-core:RevaluationReserve 2023-03-31 SC161748 frs-core:RevaluationReserve 2024-03-31 SC161748 frs-core:ShareCapital 2024-03-31 SC161748 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC161748 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC161748 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC161748 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC161748 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC161748 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC161748 frs-core:CostValuation 2023-03-31 SC161748 frs-core:CostValuation 2024-03-31 SC161748 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 SC161748 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 SC161748 frs-bus:Director1 2023-04-01 2024-03-31 SC161748 frs-bus:Director1 2023-03-31 SC161748 frs-bus:Director1 2024-03-31 SC161748 frs-bus:Director2 2023-04-01 2024-03-31 SC161748 frs-bus:Director2 2023-03-31 SC161748 frs-bus:Director2 2024-03-31 SC161748 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 SC161748 frs-core:CurrentFinancialInstruments 1 2024-03-31 SC161748 frs-countries:Scotland 2023-04-01 2024-03-31 SC161748 2022-03-31 SC161748 2023-03-31 SC161748 2022-04-01 2023-03-31 SC161748 frs-core:CurrentFinancialInstruments 2023-03-31 SC161748 frs-core:RevaluationReserve 2023-03-31 SC161748 frs-core:ShareCapital 2023-03-31 SC161748 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 SC161748 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: SC161748
J & M Kennie (Holdings) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Sutherland Black
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC161748
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 375,000 375,000
Investments 5 8,000 8,000
383,000 383,000
CURRENT ASSETS
Debtors 6 204,936 204,026
Cash at bank and in hand 592 5,327
205,528 209,353
Creditors: Amounts Falling Due Within One Year 7 (1,832 ) (1,728 )
NET CURRENT ASSETS (LIABILITIES) 203,696 207,625
TOTAL ASSETS LESS CURRENT LIABILITIES 586,696 590,625
NET ASSETS 586,696 590,625
CAPITAL AND RESERVES
Called up share capital 8 2 2
Revaluation reserve 10 170,826 170,826
Profit and Loss Account 415,868 419,797
SHAREHOLDERS' FUNDS 586,696 590,625
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr John Kennie
Director
14/11/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
J & M Kennie (Holdings) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC161748 . The registered office is Unit 4, Greendykes Industrial Estate, Broxburn, EH52 6PG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No Depreciation
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2023 379,167
As at 31 March 2024 379,167
Depreciation
As at 1 April 2023 4,167
As at 31 March 2024 4,167
Net Book Value
As at 31 March 2024 375,000
As at 1 April 2023 375,000
Page 3
Page 4
5. Investments
Other
£
Cost
As at 1 April 2023 8,000
As at 31 March 2024 8,000
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 8,000
As at 1 April 2023 8,000
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 24,487 24,487
Inter Company - J & M Kennie 910 -
Directors' loan accounts 179,539 179,539
204,936 204,026
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,802 1,728
RBS Mastercard 30 -
1,832 1,728
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4
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9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Marshall Kennie 89,770 - - - 89,770
Mr John Kennie 89,769 - - - 89,769
The above loan is unsecured, interest free and repayable on demand.
10. Reserves
Revaluation Reserve
£
As at 1 April 2023 170,826
As at 31 March 2024 170,826
Page 5