IRIS Accounts Production v24.3.2.46 09526153 Board of Directors 11.4.23 10.4.24 10.4.24 false true false false true false 14850 1762 8058 50159 12000 33547 10908 14850 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095261532023-04-10095261532024-04-10095261532023-04-112024-04-10095261532022-04-10095261532022-04-112023-04-10095261532023-04-1009526153ns15:EnglandWales2023-04-112024-04-1009526153ns14:PoundSterling2023-04-112024-04-1009526153ns10:Director12023-04-112024-04-1009526153ns10:PrivateLimitedCompanyLtd2023-04-112024-04-1009526153ns10:SmallEntities2023-04-112024-04-1009526153ns10:AuditExempt-NoAccountantsReport2023-04-112024-04-1009526153ns10:SmallCompaniesRegimeForDirectorsReport2023-04-112024-04-1009526153ns10:SmallCompaniesRegimeForAccounts2023-04-112024-04-1009526153ns10:FullAccounts2023-04-112024-04-1009526153ns10:Director2422023-04-1009526153ns10:Director2422022-04-1009526153ns10:Director2422023-04-112024-04-1009526153ns10:Director2422022-04-112023-04-1009526153ns10:Director2422024-04-1009526153ns10:Director2422023-04-1009526153ns10:Director22023-04-112024-04-1009526153ns10:RegisteredOffice2023-04-112024-04-1009526153ns5:CurrentFinancialInstruments2024-04-1009526153ns5:CurrentFinancialInstruments2023-04-1009526153ns5:Non-currentFinancialInstruments2024-04-1009526153ns5:Non-currentFinancialInstruments2023-04-1009526153ns5:ShareCapital2024-04-1009526153ns5:ShareCapital2023-04-1009526153ns5:RetainedEarningsAccumulatedLosses2024-04-1009526153ns5:RetainedEarningsAccumulatedLosses2023-04-1009526153ns5:LeaseholdImprovements2023-04-112024-04-1009526153ns5:PlantMachinery2023-04-112024-04-1009526153ns5:MotorVehicles2023-04-112024-04-1009526153ns5:ComputerEquipment2023-04-112024-04-1009526153ns5:PlantMachinery2023-04-1009526153ns5:PlantMachinery2024-04-1009526153ns5:PlantMachinery2023-04-1009526153ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-1009526153ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-10095261531ns10:Director12023-04-10095261531ns10:Director12022-04-10095261531ns10:Director12023-04-112024-04-10095261531ns10:Director12022-04-112023-04-10095261531ns10:Director12024-04-10095261531ns10:Director12023-04-10
REGISTERED NUMBER: 09526153 (England and Wales)















KERRIGANS PROPERTY LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 10TH APRIL 2024






KERRIGANS PROPERTY LTD (REGISTERED NUMBER: 09526153)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 10TH APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KERRIGANS PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 10TH APRIL 2024







DIRECTORS: A C Kerrigan
Mrs Z Kerrigan





REGISTERED OFFICE: 23 Windsor Road
Doncaster
DN2 5BS





REGISTERED NUMBER: 09526153 (England and Wales)





ACCOUNTANTS: W H Prior
Chartered Certified Accountants
Railway Court
Off Ten Pound Walk
Doncaster
South Yorkshire
DN4 5FB

KERRIGANS PROPERTY LTD (REGISTERED NUMBER: 09526153)

BALANCE SHEET
10TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,732 27,161

CURRENT ASSETS
Debtors 5 14,122 23,455
Cash at bank and in hand 2,475 3,939
16,597 27,394
CREDITORS
Amounts falling due within one year 6 29,076 30,288
NET CURRENT LIABILITIES (12,479 ) (2,894 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,253

24,267

CREDITORS
Amounts falling due after more than one
year

7

(9,000

)

(16,200

)

PROVISIONS FOR LIABILITIES (2,126 ) (2,162 )
NET ASSETS 2,127 5,905

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,127 4,905
SHAREHOLDERS' FUNDS 2,127 5,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 10th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 10th April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

KERRIGANS PROPERTY LTD (REGISTERED NUMBER: 09526153)

BALANCE SHEET - continued
10TH APRIL 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th January 2025 and were signed on its behalf by:





A C Kerrigan - Director


KERRIGANS PROPERTY LTD (REGISTERED NUMBER: 09526153)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 10TH APRIL 2024


1. STATUTORY INFORMATION

Kerrigans Property 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 presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on reducing balance
Office equipment - 10% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

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

KERRIGANS PROPERTY LTD (REGISTERED NUMBER: 09526153)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 10TH APRIL 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 11th April 2023 53,886
Additions 2,877
At 10th April 2024 56,763
DEPRECIATION
At 11th April 2023 26,725
Charge for year 4,306
At 10th April 2024 31,031
NET BOOK VALUE
At 10th April 2024 25,732
At 10th April 2023 27,161

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,380 2,066
Other debtors 12,742 21,389
14,122 23,455

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,200 7,200
Trade creditors 1,532 2,526
Taxation and social security 9,015 11,236
Other creditors 11,329 9,326
29,076 30,288

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 9,000 16,200

KERRIGANS PROPERTY LTD (REGISTERED NUMBER: 09526153)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 10TH APRIL 2024


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 10th April 2024 and 10th April 2023:

2024 2023
£    £   
A C Kerrigan and Mrs Z Kerrigan
Balance outstanding at start of year 14,850 (1,762 )
Amounts advanced 8,058 50,159
Amounts repaid (12,000 ) (33,547 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,908 14,850

During the year monies were loaned to the directors. The balance of these loans as at the year end is £10,908 (2023: £14,850). The loans are provided free of interest and are repayable on demand.