Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 05803506 Mrs Alice Kemp Mr Matthew Kemp Mrs Alice Kemp true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05803506 2023-05-31 05803506 2024-05-31 05803506 2023-06-01 2024-05-31 05803506 frs-core:CurrentFinancialInstruments 2024-05-31 05803506 frs-core:MotorVehicles 2024-05-31 05803506 frs-core:MotorVehicles 2023-06-01 2024-05-31 05803506 frs-core:MotorVehicles 2023-05-31 05803506 frs-core:PlantMachinery 2024-05-31 05803506 frs-core:PlantMachinery 2023-06-01 2024-05-31 05803506 frs-core:PlantMachinery 2023-05-31 05803506 frs-core:ShareCapital 2024-05-31 05803506 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 05803506 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05803506 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 05803506 frs-bus:SmallEntities 2023-06-01 2024-05-31 05803506 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05803506 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05803506 1 2023-06-01 2024-05-31 05803506 frs-bus:Director1 2023-06-01 2024-05-31 05803506 frs-bus:Director2 2023-06-01 2024-05-31 05803506 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 05803506 frs-countries:EnglandWales 2023-06-01 2024-05-31 05803506 2022-05-31 05803506 2023-05-31 05803506 2022-06-01 2023-05-31 05803506 frs-core:CurrentFinancialInstruments 2023-05-31 05803506 frs-core:ShareCapital 2023-05-31 05803506 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 05803506
M & A Kemp Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Emma Hume & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05803506
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 509 320
509 320
CURRENT ASSETS
Stocks 5 172,363 169,764
Debtors 6 64 1,854
Cash at bank and in hand 33 28
172,460 171,646
Creditors: Amounts Falling Due Within One Year 7 (277,141 ) (273,540 )
NET CURRENT ASSETS (LIABILITIES) (104,681 ) (101,894 )
TOTAL ASSETS LESS CURRENT LIABILITIES (104,172 ) (101,574 )
NET LIABILITIES (104,172 ) (101,574 )
CAPITAL AND RESERVES
Called up share capital 8 4 4
Profit and Loss Account (104,176 ) (101,578 )
SHAREHOLDERS' FUNDS (104,172) (101,574)
Page 1
Page 2
For the year ending 31 May 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Alice Kemp
Director
11/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
M & A Kemp Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05803506 . The registered office is Clipstone Farmhouse Clipstone, Fulmodestone, Fakenham, NR21 0NR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20& on reducing balance
Motor Vehicles 25% on reducing balance
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: )
2 -
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 June 2023 8,153 5,500 13,653
Additions 330 - 330
As at 31 May 2024 8,483 5,500 13,983
Depreciation
As at 1 June 2023 7,897 5,436 13,333
Provided during the period 125 16 141
As at 31 May 2024 8,022 5,452 13,474
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 May 2024 461 48 509
As at 1 June 2023 256 64 320
5. Stocks
2024 2023
£ £
Work in progress 172,363 169,764
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 64 1,854
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 920 3,479
Other creditors 276,181 270,061
Taxation and social security 40 -
277,141 273,540
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
9. Ultimate Controlling Party
The company's ultimate controlling party are Mrs A M Kemp and Mr M R Kemp by virtue of his ownership of 100% of the issued share capital in the company.
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