IRIS Accounts Production v24.2.0.383 08605067 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh086050672023-06-30086050672024-06-30086050672023-07-012024-06-30086050672022-06-30086050672022-07-012023-06-30086050672023-06-3008605067ns15:EnglandWales2023-07-012024-06-3008605067ns14:PoundSterling2023-07-012024-06-3008605067ns10:Director12023-07-012024-06-3008605067ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3008605067ns10:SmallEntities2023-07-012024-06-3008605067ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3008605067ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3008605067ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3008605067ns10:FullAccounts2023-07-012024-06-300860506712023-07-012024-06-3008605067ns10:Director22023-07-012024-06-3008605067ns10:RegisteredOffice2023-07-012024-06-3008605067ns5:CurrentFinancialInstruments2024-06-3008605067ns5:CurrentFinancialInstruments2023-06-3008605067ns5:ShareCapital2024-06-3008605067ns5:ShareCapital2023-06-3008605067ns5:RetainedEarningsAccumulatedLosses2024-06-3008605067ns5:RetainedEarningsAccumulatedLosses2023-06-3008605067ns5:NetGoodwill2023-07-012024-06-3008605067ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3008605067ns5:PlantMachinery2023-07-012024-06-3008605067ns5:MotorVehicles2023-07-012024-06-3008605067ns5:ComputerEquipment2023-07-012024-06-3008605067ns5:NetGoodwill2023-06-3008605067ns5:NetGoodwill2024-06-3008605067ns5:NetGoodwill2023-06-3008605067ns5:PlantMachinery2023-06-3008605067ns5:MotorVehicles2023-06-3008605067ns5:ComputerEquipment2023-06-3008605067ns5:PlantMachinery2024-06-3008605067ns5:MotorVehicles2024-06-3008605067ns5:ComputerEquipment2024-06-3008605067ns5:PlantMachinery2023-06-3008605067ns5:MotorVehicles2023-06-3008605067ns5:ComputerEquipment2023-06-3008605067ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3008605067ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 08605067 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024

FOR

FEAKINS OF KETTERING LIMITED

FEAKINS OF KETTERING LIMITED (REGISTERED NUMBER: 08605067)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FEAKINS OF KETTERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTORS: P D Bourne
Mrs V A Bourne





REGISTERED OFFICE: Venture Court
2 Debdale Road
Wellingborough
Northamptonshire
NN8 5AA





REGISTERED NUMBER: 08605067 (England and Wales)





ACCOUNTANTS: ISIS Business Solutions (Northants) LLP
Venture Court
2 Debdale Road
Wellingborough
Northamptonshire
NN8 5AA

FEAKINS OF KETTERING LIMITED (REGISTERED NUMBER: 08605067)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 23,883 21,209
23,883 21,209

CURRENT ASSETS
Debtors 6 40,502 60,473
Cash at bank and in hand 57,566 40,800
98,068 101,273
CREDITORS
Amounts falling due within one year 7 180,682 205,516
NET CURRENT LIABILITIES (82,614 ) (104,243 )
TOTAL ASSETS LESS CURRENT LIABILITIES (58,731 ) (83,034 )

PROVISIONS FOR LIABILITIES 4,538 4,030
NET LIABILITIES (63,269 ) (87,064 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (63,271 ) (87,066 )
SHAREHOLDERS' FUNDS (63,269 ) (87,064 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

FEAKINS OF KETTERING LIMITED (REGISTERED NUMBER: 08605067)

BALANCE SHEET - continued
30TH JUNE 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th February 2025 and were signed on its behalf by:





P D Bourne - Director


FEAKINS OF KETTERING LIMITED (REGISTERED NUMBER: 08605067)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024

1. STATUTORY INFORMATION

Feakins Of Kettering Limited 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

FEAKINS OF KETTERING LIMITED (REGISTERED NUMBER: 08605067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st July 2023
and 30th June 2024 150,000
AMORTISATION
At 1st July 2023
and 30th June 2024 150,000
NET BOOK VALUE
At 30th June 2024 -
At 30th June 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st July 2023 71,063 2,566 1,888 75,517
Additions 3,250 5,915 - 9,165
At 30th June 2024 74,313 8,481 1,888 84,682
DEPRECIATION
At 1st July 2023 51,184 2,089 1,035 54,308
Charge for year 5,418 859 214 6,491
At 30th June 2024 56,602 2,948 1,249 60,799
NET BOOK VALUE
At 30th June 2024 17,711 5,533 639 23,883
At 30th June 2023 19,879 477 853 21,209

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,965 50,359
Other debtors 23,537 10,114
40,502 60,473

FEAKINS OF KETTERING LIMITED (REGISTERED NUMBER: 08605067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 4,061
Trade creditors 62,076 47,022
Amounts owed to associates 28,985 28,985
Taxation and social security 11,958 10,633
Other creditors 77,663 114,815
180,682 205,516

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other creditors is an amount due to the directors of £48,292 (2023 £74,792). This loan is interest free and has no repayment terms.

9. RELATED PARTY DISCLOSURES

Included in creditors is an amount owing of £28,985 (2023: £28,985) to Tigers Indoor Play Limited, a connected company.