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REGISTERED NUMBER: 09927737 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST JANUARY 2024 TO 6TH SEPTEMBER 2024

FOR

KEDD LIMITED

KEDD LIMITED (REGISTERED NUMBER: 09927737)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1st January 2024 to 6th September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KEDD LIMITED

COMPANY INFORMATION
for the Period 1st January 2024 to 6th September 2024







DIRECTORS: R G Duncan
L P Toland





REGISTERED OFFICE: 15 Bridge Road
Wellington
Telford
Shropshire
TF1 1EB





REGISTERED NUMBER: 09927737 (England and Wales)





ACCOUNTANTS: D E Ball & Co Limited
Chartered Accountants
15 Bridge Road
Wellington
Telford
Shropshire
TF1 1EB

KEDD LIMITED (REGISTERED NUMBER: 09927737)

BALANCE SHEET
6th September 2024

6.9.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,945 53,650

CURRENT ASSETS
Stocks - 34,247
Debtors 5 312,113 235,260
Cash at bank 60,952 607,613
373,065 877,120
CREDITORS
Amounts falling due within one year 6 379,628 461,158
NET CURRENT (LIABILITIES)/ASSETS (6,563 ) 415,962
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,382

469,612

PROVISIONS FOR LIABILITIES 2,282 10,897
NET ASSETS 100 458,715

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings - 458,615
SHAREHOLDERS' FUNDS 100 458,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 6th September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 6th September 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.

KEDD LIMITED (REGISTERED NUMBER: 09927737)

BALANCE SHEET - continued
6th September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31st March 2025 and were signed on its behalf by:




L P Toland - Director



R G Duncan - Director


KEDD LIMITED (REGISTERED NUMBER: 09927737)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1st January 2024 to 6th September 2024

1. STATUTORY INFORMATION

Kedd 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.

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 - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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 period was 5 (2023 - 5 ) .

KEDD LIMITED (REGISTERED NUMBER: 09927737)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1st January 2024 to 6th September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st January 2024 6,817 28,711 49,100 18,145 102,773
Additions - - - 1,607 1,607
Disposals (6,817 ) (13,725 ) (49,100 ) (9,027 ) (78,669 )
At 6th September 2024 - 14,986 - 10,725 25,711
DEPRECIATION
At 1st January 2024 4,471 14,891 18,726 11,035 49,123
Charge for period 264 2,382 4,548 2,263 9,457
Eliminated on disposal (4,735 ) (9,324 ) (23,274 ) (4,481 ) (41,814 )
At 6th September 2024 - 7,949 - 8,817 16,766
NET BOOK VALUE
At 6th September 2024 - 7,037 - 1,908 8,945
At 31st December 2023 2,346 13,820 30,374 7,110 53,650

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
6.9.24 31.12.23
£    £   
Trade debtors 306,918 211,772
Other debtors 5,195 23,488
312,113 235,260

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
6.9.24 31.12.23
£    £   
Trade creditors 17,677 12,323
Taxation and social security 291,524 221,753
Other creditors 70,427 227,082
379,628 461,158

7. ULTIMATE CONTROLLING PARTY

On 6 September 2024, the controlling party changed from Kedd Holdings Limited ( a company 100% owned by Mr R Smithyman and Mrs M Smithyman ) to Background Holdings Limited ( a company 100% owned by Mr R Duncan and Mr L Toland ).