1 September 2023 false No description of principal activity Taxfiler 2024.6 10315520business:PrivateLimitedCompanyLtd2023-09-012024-08-31 103155202023-08-31 103155202023-09-012024-08-31 10315520business:AuditExemptWithAccountantsReport2023-09-012024-08-31 10315520business:FilletedAccounts2023-09-012024-08-31 103155202024-08-31 10315520business:Director12023-09-012024-08-31 10315520business:Director22023-09-012024-08-31 10315520business:RegisteredOffice2023-09-012024-08-31 103155202023-08-31 10315520core:WithinOneYear2024-08-31 10315520core:WithinOneYear2023-08-31 10315520core:AfterOneYear2024-08-31 10315520core:AfterOneYear2023-08-31 10315520core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 10315520core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 10315520core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 10315520core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 10315520core:PreviouslyStatedAmount2024-08-31 10315520core:PreviouslyStatedAmount2023-08-31 10315520business:SmallEntities2023-09-012024-08-31 10315520countries:EnglandWales2023-09-012024-08-31 10315520core:PlantMachinery2023-09-012024-08-31 10315520core:Goodwill2023-08-31 10315520core:Goodwill2024-08-31 10315520core:Goodwill2023-09-012024-08-31 10315520core:PlantMachinery2023-08-31 10315520core:PlantMachinery2024-08-31 103155202022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10315520 (England and Wales)
Kelly & Mackay Ltd Unaudited accounts for the year ended 31 August 2024
Kelly & Mackay Ltd Unaudited accounts Contents
Page
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Kelly & Mackay Ltd Company Information for the year ended 31 August 2024
Directors
David Kelly Sharon Kelly
Company Number
10315520 (England and Wales)
Registered Office
76 Hillary Road Basingstoke Hampshire RG21 5TW
Accountants
Black & White Chartered Certified Accountants 2-3 Stable Court Herriard Park Herriard Hampshire RG25 2PL
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Kelly & Mackay Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4,489 
5,131 
Tangible assets
6,825 
9,402 
11,314 
14,533 
Current assets
Debtors
9,564 
10,143 
Cash at bank and in hand
4,953 
4,952 
14,517 
15,095 
Creditors: amounts falling due within one year
(20,353)
(16,866)
Net current liabilities
(5,836)
(1,771)
Total assets less current liabilities
5,478 
12,762 
Creditors: amounts falling due after more than one year
(33,196)
(36,206)
Net liabilities
(27,718)
(23,444)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(27,720)
(23,446)
Shareholders' funds
(27,718)
(23,444)
For the year ending 31 August 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 31 January 2025 and were signed on its behalf by
David Kelly Director Company Registration No. 10315520
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Kelly & Mackay Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Kelly & Mackay Ltd is a private company, limited by shares, registered in England and Wales, registration number 10315520. The registered office is 76 Hillary Road, Basingstoke, Hampshire, RG21 5TW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
10% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2023
20,374 
At 31 August 2024
20,374 
Amortisation
At 1 September 2023
15,243 
Charge for the year
642 
At 31 August 2024
15,885 
Net book value
At 31 August 2024
4,489 
At 31 August 2023
5,131 
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Kelly & Mackay Ltd Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
35,779 
Revaluations
(3,101)
At 31 August 2024
32,678 
Depreciation
At 1 September 2023
26,377 
Charge for the year
(524)
At 31 August 2024
25,853 
Net book value
At 31 August 2024
6,825 
At 31 August 2023
9,402 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
9,564 
10,143 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,684 
3,327 
Taxes and social security
(8,799)
839 
Other creditors
2,690 
1,216 
Loans from directors
19,605 
10,905 
Accruals
2,173 
579 
20,353 
16,866 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
33,196 
36,206 
9
Average number of employees
During the year the average number of employees was 10 (2023: 11).
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