Company No:
Contents
Note | 2024 | 2023 | ||
£ | £ | |||
Creditors: amounts falling due within one year | 3 | (
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Net current liabilities | (7,248) | (7,248) | ||
Total assets less current liabilities | (7,248) | (7,248) | ||
Net liabilities | (
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Capital and reserves | ||||
Called-up share capital | 4 |
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Profit and loss account | (
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Total shareholder's deficit | (
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Director's responsibilities:
The financial statements of Kelly Bros (Road Markings) Limited (registered number:
B M Kelly
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Kelly Bros (Road Markings) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Drumcoo House, 1 Hawkesworth Road, Yate, United Kingdom, BS37 5NW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The company holds the following financial instruments:
- Short term trade and other creditor balances.
All financial instruments are classified as basic.
Fair value measurement
The company has chosen to apply the recognition and measurement principles in FRS 102
financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.
Such instruments are initially measured t transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
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Number | Number | ||
Monthly average number of persons employed by the Company during the year |
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£ | £ | ||
Amounts owed to Group undertakings |
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Allotted, called-up and fully-paid | |||
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