Registration number: 13216966

Kennedy Investments 1 Ltd

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 5

Kennedy Investments 1 Ltd

Company Information

Director

M S Kennedy

Registered office

9 King Charles Square Tunbridge Wells Kent TN4 8FA

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Kennedy Investments 1 Ltd

Statement of Financial Position as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Other financial assets	4	975,736	472,455
Current assets
Cash at bank and in hand		19,684	7,857
Creditors: Amounts falling due within one year	5	(930,555)	(475,667)
Net current liabilities		(910,871)	(467,810)
Total assets less current liabilities		64,865	4,645
Provisions for liabilities		(17,013)	-
Net assets		47,852	4,645
Capital and reserves
Called up share capital		100	100
Retained earnings		47,752	4,545
Shareholders' funds		47,852	4,645

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The director of Kennedy Investments 1 Ltd has elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the director on 12 December 2025
 

.........................................

M S Kennedy

Director

Company registration number: 13216966

Kennedy Investments 1 Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
9 King Charles Square
Tunbridge Wells
Kent
TN4 8FA

The principal activity of the company is that of an investment company.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

As an investment company there are few fixed overheads and the company is largely unaffected by current financial conditions or world events. The directors believe these factors will not materially affect the value of the company's quoted securities.

On the basis of the above, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also
recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Kennedy Investments 1 Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).

Kennedy Investments 1 Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4	Investments

	Quoted securities £	Total £
Non-current financial assets
Fair value
At 1 March 2024	472,455	472,455
Additions	478,997	478,997
Fair value adjustments	65,161	65,161
Disposals	(40,877)	(40,877)
At 28 February 2025	975,736	975,736
Carrying amount
At 28 February 2025	975,736	975,736

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Taxation and social security	3,863	1,075
Accruals and deferred income	2,100	2,100
Other creditors	924,592	472,492
	930,555	475,667