Company Registration No. 06948035 (England and Wales)
Allen & Kennerley Limited
Unaudited accounts
for the year ended 31 July 2024
Allen & Kennerley Limited
Unaudited accounts
Contents
Allen & Kennerley Limited
Statement of financial position
as at 31 July 2024
Intangible assets
35,400
57,800
Tangible assets
5,243
4,512
Cash at bank and in hand
184,195
180,930
Creditors: amounts falling due within one year
(136,065)
(121,607)
Net current assets
156,126
139,712
Total assets less current liabilities
196,769
202,024
Creditors: amounts falling due after more than one year
(9,636)
(28,870)
Provisions for liabilities
Deferred tax
(1,310)
(1,128)
Net assets
185,823
172,026
Called up share capital
1,000
1,000
Profit and loss account
184,823
171,026
Shareholders' funds
185,823
172,026
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 25 April 2025 and were signed on its behalf by
C Allen
Director
Company Registration No. 06948035
Allen & Kennerley Limited
Notes to the Accounts
for the year ended 31 July 2024
Allen & Kennerley Limited is a private company, limited by shares, registered in England and Wales, registration number 06948035. The registered office is 44 Market Square, Witney, Oxfordshire, OX28 6AL.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
33% reducing balance
Computer equipment
33% reducing balance
Intangible fixed assets (including purchased goodwill) are included at cost less accumulated amortisation at 20% straight line.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Allen & Kennerley Limited
Notes to the Accounts
for the year ended 31 July 2024
4
Intangible fixed assets
Other
Charge for the year
22,400
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
1,981
10,597
12,578
Disposals
-
(2,100)
(2,100)
At 31 July 2024
4,571
8,497
13,068
At 1 August 2023
1,513
6,553
8,066
Charge for the year
378
1,262
1,640
On disposals
-
(1,881)
(1,881)
At 31 July 2024
1,891
5,934
7,825
At 31 July 2024
2,680
2,563
5,243
At 31 July 2023
468
4,044
4,512
Amounts falling due within one year
Trade debtors
104,696
77,086
Accrued income and prepayments
3,300
3,303
Allen & Kennerley Limited
Notes to the Accounts
for the year ended 31 July 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,268
19,709
Trade creditors
45,544
31,783
Taxes and social security
35,208
33,204
Other creditors
8,341
5,253
Loans from directors
449
(3,579)
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Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
3,579
390
4,418
(449)
At the period end, the company owed the director £449 (2023: £3,579 owing from the director). No interest has been applied on this amount.
10
Average number of employees
During the year the average number of employees was 5 (2023: 5).