KELLY HENDRY DESIGNS LTD


Director	HENDRY, Kelly


Registered Address	Kelly Hendry Studios
	Blaydon Bank
	Blaydon-On-Tyne
	NE21 4AU


Registered Number	12152888 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		4,140		8,931
			4,140		8,931
Current assets
Debtors		33,507		23,601
Cash at bank and on hand		442		1,606
		33,949		25,207
Creditors amounts falling due within one year	4	(29,975)		(22,265)
Net current assets (liabilities)			3,974		2,942
Total assets less current liabilities			8,114		11,873
Net assets			8,114		11,873
Capital and reserves
Called up share capital			10		10
Profit and loss account			8,104		11,863
Shareholders' funds			8,114		11,873

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 1 December 2025, and are signed on its behalf by:

HENDRY, Kelly
Director
Registered Company No. 12152888

KELLY HENDRY DESIGNS LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 April 24	28,487	28,487
At 31 March 25	28,487	28,487
Depreciation and impairment
At 01 April 24	19,556	19,556
Charge for year	4,791	4,791
At 31 March 25	24,347	24,347
Net book value
At 31 March 25	4,140	4,140
At 31 March 24	8,931	8,931

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,053	2,075
Amounts owed to related parties	26,545	19,259
Taxation and social security	1,817	403
Accrued liabilities and deferred income	560	528
Total	29,975	22,265


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.