KEN KENNEDY LAW LIMITED


Director	KENNEDY, Ken


Registered Address	23 Bedford Square
	London
	WC1B 3HH


Registered Number	14650118 (England and Wales)

Statement of Financial Position
31 December 2024

	Notes	2024		2023
		£	£	£	£
Current assets
Debtors		1		1
Cash at bank and on hand		25,725		97,197
		25,726		97,198
Creditors amounts falling due within one year	3	(32,356)		(37,946)
Net current assets (liabilities)			(6,630)		59,252
Total assets less current liabilities			(6,630)		59,252
Creditors amounts falling due after one year	4		(53,797)		(66,337)
Net assets			(60,427)		(7,085)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(60,428)		(7,086)
Shareholders' funds			(60,427)		(7,085)

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 18 December 2025, and are signed on its behalf by:

KENNEDY, Ken
Director
Registered Company No. 14650118

KEN KENNEDY LAW LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

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.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Going concern
	In reaching their conclusion the director has considered their cashflow position for a period of 12 months from the date of sign off. After consideration of all factors, the director continues to adopt the going concern basis in preparing the financial statements.

	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 the Income Statement

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 the Income Statement

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	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.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Creditors: amounts due within one year

	2024	2023
	£	£
Bank borrowings and overdrafts	12,600	12,856
Other creditors	17,416	20,840
Accrued liabilities and deferred income	2,340	4,250
Total	32,356	37,946

4.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	53,797	66,337
Total	53,797	66,337

5.	Related party transactions
	Included within other creditors, an amount of £17,416 remains owing to the director of the Company. This amount is unsecured, interest-free and repayable on demand.

6.	Further information regarding the company's financial position
	Included in Creditors Due In One Year and Creditors Due After One Year is a bank loan that the Company has taken. The loan was taken at 15th November 2023, repayable over 60 months, with interest of 6.75% over a variable Base Rate. No security has been provided by the Company, but the director has provided a guarantee and indemnity over the liability.