1 March 2023 false No description of principal activity Taxfiler 2024.6 02687270business:PrivateLimitedCompanyLtd2023-03-012024-02-29 026872702023-02-28 026872702023-03-012024-02-29 02687270business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 02687270business:FilletedAccounts2023-03-012024-02-29 026872702024-02-29 02687270business:Director12023-03-012024-02-29 02687270business:RegisteredOffice2023-03-012024-02-29 026872702023-02-28 02687270core:WithinOneYear2024-02-29 02687270core:WithinOneYear2023-02-28 02687270core:AfterOneYear2024-02-29 02687270core:AfterOneYear2023-02-28 02687270core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 02687270core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 02687270core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 02687270core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 02687270core:PreviouslyStatedAmount2024-02-29 02687270core:PreviouslyStatedAmount2023-02-28 02687270business:SmallEntities2023-03-012024-02-29 02687270countries:EnglandWales2023-03-012024-02-29 02687270core:FurnitureFittings2023-03-012024-02-29 02687270core:FurnitureFittings2023-02-28 02687270core:FurnitureFittings2024-02-29 026872702022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 02687270 (England and Wales)
Kelly's Industrial Clothing Limited Unaudited accounts for the year ended 29 February 2024
Kelly's Industrial Clothing Limited Unaudited accounts Contents
Page
- 2 -
Kelly's Industrial Clothing Limited Company Information for the year ended 29 February 2024
Director
John Kelly
Company Number
02687270 (England and Wales)
Registered Office
C/O DPL Dock Road South Bromborough Wirral CH62 4SQ
Accountants
Barnes Cooper Ltd Offices 3 & 4 The Meadows Church Road Dodleston Chester CH4 9NG
- 3 -
Kelly's Industrial Clothing Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
186 
249 
Current assets
Inventories
3,500 
4,250 
Debtors
7,904 
5,958 
11,404 
10,208 
Creditors: amounts falling due within one year
(49,953)
(44,386)
Net current liabilities
(38,549)
(34,178)
Total assets less current liabilities
(38,363)
(33,929)
Creditors: amounts falling due after more than one year
(4,267)
(7,467)
Net liabilities
(42,630)
(41,396)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(42,730)
(41,496)
Shareholders' funds
(42,630)
(41,396)
For the year ending 29 February 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 November 2024 and were signed on its behalf by
John Kelly Director Company Registration No. 02687270
- 4 -
Kelly's Industrial Clothing Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Kelly's Industrial Clothing Limited is a private company, limited by shares, registered in England and Wales, registration number 02687270. The registered office is C/O DPL, Dock Road South, Bromborough, Wirral, CH62 4SQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
5,917 
At 29 February 2024
5,917 
Depreciation
At 1 March 2023
5,668 
Charge for the year
63 
At 29 February 2024
5,731 
Net book value
At 29 February 2024
186 
At 28 February 2023
249 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
45 
Trade debtors
4,177 
2,312 
Other debtors
3,727 
3,601 
7,904 
5,958 
- 5 -
Kelly's Industrial Clothing Limited Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
33,263 
31,373 
VAT
669 
- 
Trade creditors
5,583 
2,059 
Other creditors
9,212 
3,890 
Loans from directors
1,226 
7,064 
49,953 
44,386 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,267 
7,467 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -