Company Registration No. SC426427 (Scotland)
Kelly Mitchell Automotive Ltd
Unaudited accounts
for the year ended 30 June 2024
Kelly Mitchell Automotive Ltd
Unaudited accounts
Contents
Kelly Mitchell Automotive Ltd
Company Information
for the year ended 30 June 2024
Directors
Kevin Mitchell
Jonathan Kelly
James Kelly
Company Number
SC426427 (Scotland)
Kelly Mitchell Automotive Ltd
Statement of financial position
as at 30 June 2024
Intangible assets
6,963
8,192
Tangible assets
48,030
30,888
Cash at bank and in hand
1,811
8,218
Creditors: amounts falling due within one year
(43,186)
(23,045)
Net current liabilities
(33,274)
(10,801)
Total assets less current liabilities
21,719
28,279
Creditors: amounts falling due after more than one year
(21,672)
(26,771)
Called up share capital
1
1
Profit and loss account
46
1,507
Shareholders' funds
47
1,508
For the year ending 30 June 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 24 June 2025 and were signed on its behalf by
Jonathan Kelly
Director
Company Registration No. SC426427
Kelly Mitchell Automotive Ltd
Notes to the Accounts
for the year ended 30 June 2024
Kelly Mitchell Automotive Ltd is a private company, limited by shares, registered in Scotland, registration number SC426427.
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.
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.
4
Intangible fixed assets
Other
Kelly Mitchell Automotive Ltd
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
-
5,222
2,117
38,463
45,802
Additions
21,775
-
-
-
21,775
At 30 June 2024
21,775
5,222
2,117
38,463
67,577
At 1 July 2023
-
3,404
1,334
10,176
14,914
Charge for the year
-
273
117
4,243
4,633
At 30 June 2024
-
3,677
1,451
14,419
19,547
At 30 June 2024
21,775
1,545
666
24,044
48,030
At 30 June 2023
-
1,818
783
28,287
30,888
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
484
13,376
Taxes and social security
7,637
-
Accrued preference dividends
23,667
-
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).