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Company registration number: SC469678
Kerr Developments Limited
Unaudited filleted financial statements
29 February 2024
Kerr Developments Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Kerr Developments Limited
Directors and other information
Director Shaun Kerr
Company number SC469678
Registered office 18 North Street
Glenrothes
Fife
KY7 5NA
Accountants Paterson Boyd & Co
Chartered Certified Accountants
18 North Street
Glenrothes
Fife
KY7 5NA
Bankers RBS
3 Falkland Gate
Glenrothes
Fife
KY7 5NS
Kerr Developments Limited
Report to the director on the preparation of the
unaudited statutory financial statements of Kerr Developments Limited
Year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kerr Developments Limited for the year ended 29 February 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the director of Kerr Developments Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Kerr Developments Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kerr Developments Limited and its director as a body for our work or for this report.
It is your duty to ensure that Kerr Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kerr Developments Limited. You consider that Kerr Developments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Kerr Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Paterson Boyd & Co
Chartered Certified Accountants
18 North Street
Glenrothes
Fife
KY7 5NA
29 November 2024
Kerr Developments Limited
Statement of financial position
29 February 2024
2024 2023
£ £
Fixed assets 636 848
_______ _______
Current assets 906 98
Creditors: amounts falling due within one year ( 1,051) ( 1,770)
_______ _______
Net current liabilities ( 145) ( 1,672)
_______ _______
Total assets less current liabilities 491 ( 824)
Accruals and deferred income ( 139) ( 90)
_______ _______
Net assets/(liabilities) 352 ( 914)
_______ _______
Capital and reserves 352 ( 914)
_______ _______
Notes to the financial statements
Kerr Developments Limited
Year ended 29 February 2024
1. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Shaun Kerr ( 1,770) 18,684 ( 16,015) 899
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Shaun Kerr ( 1,650) 40 ( 160) ( 1,770)
_______ _______ _______ _______
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.
Directors responsibilities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 29 November 2024 , and are signed on behalf of the board by:
Shaun Kerr
Director
Company registration number: SC469678
The company is a private company limited by shares, registered in Scotland.