Company Registration No. 08051325 (England and Wales)
Kennington Commercials Limited
Unaudited accounts
for the year ended 30 April 2024
Kennington Commercials Limited
Unaudited accounts
Contents
Kennington Commercials Limited
Company Information
for the year ended 30 April 2024
Directors
Bod Kennington
Theresa Kennington
Company Number
08051325 (England and Wales)
Registered Office
18 High Street
Carlby
Stamford
Lincolnshire
PE9 4LX
England
Kennington Commercials Limited
Statement of financial position
as at 30 April 2024
Tangible assets
28,297
50,067
Cash at bank and in hand
7,939
16,858
Creditors: amounts falling due within one year
(221,356)
(220,855)
Net current assets/(liabilities)
4,657
(893)
Total assets less current liabilities
32,954
49,174
Creditors: amounts falling due after more than one year
-
(24,369)
Provisions for liabilities
Deferred tax
(9,513)
(9,513)
Called up share capital
100
100
Profit and loss account
23,341
15,192
Shareholders' funds
23,441
15,292
For the year ending 30 April 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 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 of Directors and authorised for issue on 8 January 2025 and were signed on its behalf by
Bod Kennington
Director
Company Registration No. 08051325
Kennington Commercials Limited
Notes to the Accounts
for the year ended 30 April 2024
Kennington Commercials Limited is a private company, limited by shares, registered in England and Wales, registration number 08051325. The registered office is 18 High Street, Carlby, Stamford, Lincolnshire, PE9 4LX, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2023
141,782
64,600
206,382
At 30 April 2024
141,782
64,600
206,382
At 1 May 2023
108,698
47,617
156,315
Charge for the year
11,453
10,317
21,770
At 30 April 2024
120,151
57,934
178,085
At 30 April 2024
21,631
6,666
28,297
At 30 April 2023
33,084
16,983
50,067
Kennington Commercials Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
170,693
151,250
Accrued income and prepayments
3,788
-
Other debtors
6,845
15,106
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
17,451
24,289
Obligations under finance leases and hire purchase contracts
23,667
-
Trade creditors
132,267
127,409
Taxes and social security
27,279
37,287
Other creditors
4,101
31,870
Loans from directors
916
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 11 (2023: 9).