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REGISTERED NUMBER: 06729427 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Kevin McCabe Ltd

Kevin McCabe Ltd (Registered number: 06729427)

Contents of the Financial Statements
for the Year Ended 30 November 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kevin McCabe Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTOR: K G McCabe





REGISTERED OFFICE: Dingle Dell
Higher Ridgeway
Ottery St Mary
Devon
EX11 1TJ





REGISTERED NUMBER: 06729427 (England and Wales)





ACCOUNTANTS: KingsBere Accountants Limited
The Old Dryer
Hinton Business Park
Tarrant Hinton
Blandford Forum
Dorset
DT11 8JF

Kevin McCabe Ltd (Registered number: 06729427)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 10,500
Tangible assets 5 83,164 32,903
83,164 43,403

CURRENT ASSETS
Debtors 6 4,741 300
Cash at bank 26,101 38,576
30,842 38,876
CREDITORS
Amounts falling due within one year 7 20,197 20,254
NET CURRENT ASSETS 10,645 18,622
TOTAL ASSETS LESS CURRENT
LIABILITIES

93,809

62,025

CREDITORS
Amounts falling due after more than
one year

8

51,819

26,894
NET ASSETS 41,990 35,131

Kevin McCabe Ltd (Registered number: 06729427)

Balance Sheet - continued
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 41,890 35,031
SHAREHOLDERS' FUNDS 41,990 35,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 18 July 2025 and were signed by:





K G McCabe - Director


Kevin McCabe Ltd (Registered number: 06729427)

Notes to the Financial Statements
for the Year Ended 30 November 2024


1. STATUTORY INFORMATION

Kevin McCabe 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of sixteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.


Kevin McCabe Ltd (Registered number: 06729427)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 150,000
AMORTISATION
At 1 December 2023 139,500
Amortisation for year 10,500
At 30 November 2024 150,000
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 10,500

Kevin McCabe Ltd (Registered number: 06729427)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023 38,664 70,202 2,920 111,786
Additions - 108,091 - 108,091
Disposals - (70,202 ) - (70,202 )
At 30 November 2024 38,664 108,091 2,920 149,675
DEPRECIATION
At 1 December 2023 35,869 40,094 2,920 78,883
Charge for year 699 27,023 - 27,722
Eliminated on disposal - (40,094 ) - (40,094 )
At 30 November 2024 36,568 27,023 2,920 66,511
NET BOOK VALUE
At 30 November 2024 2,096 81,068 - 83,164
At 30 November 2023 2,795 30,108 - 32,903

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.11.24 30.11.23
£    £   
Other debtors 4,741 300

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 7,990 3,318
Taxation and social security 7,798 13,376
Other creditors 4,409 3,560
20,197 20,254

Kevin McCabe Ltd (Registered number: 06729427)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 51,819 26,894

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 December 2023 35,031
Profit for the year 21,859
Dividends (15,000 )
At 30 November 2024 41,890