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REGISTERED NUMBER: 07693192 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Kevin Rooney Ltd

Kevin Rooney Ltd (Registered number: 07693192)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kevin Rooney Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: K Rooney





REGISTERED OFFICE: 11 Heardman Close
Thatcham
Reading
Berkshire
RG19 4FB





REGISTERED NUMBER: 07693192 (England and Wales)





ACCOUNTANTS: P D Accountancy Services Ltd
77 Whites Road
Bitterne
Southampton
Hampshire
SO19 7NR

Kevin Rooney Ltd (Registered number: 07693192)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,029 1,787

CURRENT ASSETS
Debtors 5 2,521 3,940
Cash at bank 179,550 182,316
182,071 186,256
CREDITORS
Amounts falling due within one year 6 16,151 14,749
NET CURRENT ASSETS 165,920 171,507
TOTAL ASSETS LESS CURRENT
LIABILITIES

167,949

173,294

PROVISIONS FOR LIABILITIES 386 340
NET ASSETS 167,563 172,954

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 167,553 172,944
SHAREHOLDERS' FUNDS 167,563 172,954

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 27 March 2025 and were signed by:




K Rooney - Director


Kevin Rooney Ltd (Registered number: 07693192)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Kevin Rooney 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.

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.
Fixtures and fittings - 15% 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.

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 ) .

Kevin Rooney Ltd (Registered number: 07693192)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 August 2023 3,281
Additions 580
At 31 July 2024 3,861
DEPRECIATION
At 1 August 2023 1,494
Charge for year 338
At 31 July 2024 1,832
NET BOOK VALUE
At 31 July 2024 2,029
At 31 July 2023 1,787

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors - 3,319
Amounts recoverable on contract 2,521 621
2,521 3,940

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors - 2,076
Tax 9,093 5,016
Social security and other taxes (259 ) (631 )
VAT 6,268 5,016
Directors' current accounts 1,049 3,272
16,151 14,749

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £44,353 were paid to the director .

8. ULTIMATE CONTROLLING PARTY

Kevin Rooney Limited is ultimately controlled by K Rooney by virtue of his 85% interest in the issued share capital the company.