REGISTERED NUMBER: 04581901 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

KEV GARRETTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Garretty

Mrs K A Garretty

REGISTERED OFFICE:

Watson House

33 Burton Road

Sheffield

South Yorkshire

S3 8BX

REGISTERED NUMBER:

04581901 (England and Wales)

ACCOUNTANTS:

Carter Smith

12/14 Church Street

Ecclesfield

Sheffield

South Yorkshire

S35 9WE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

27,713

16,314

27,713

16,314

CURRENT ASSETS

Stocks

10,500

10,100

Debtors

6

96,437

113,606

Cash at bank

42,319

39,292

149,256

162,998

CREDITORS

Amounts falling due within one year

7

80,669

77,065

NET CURRENT ASSETS

68,587

85,933

TOTAL ASSETS LESS CURRENT LIABILITIES

96,300

102,247

CREDITORS

Amounts falling due after more than one year

8

(7,390

)

(3,175

)

PROVISIONS FOR LIABILITIES

(7,344

)

(4,323

)

NET ASSETS

81,566

94,749

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

81,556

94,739

SHAREHOLDERS' FUNDS

81,566

94,749

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 26 June 2026 and were signed on its behalf by:

K Garretty - Director

1.	STATUTORY INFORMATION

Kev Garretty Limited 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.

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 etc

-

20% on reducing balance and 15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

30,000

AMORTISATION

At 1 December 2024

and 30 November 2025

30,000

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

96,254

Additions

15,840

Disposals

(3,250

)

At 30 November 2025

108,844

DEPRECIATION

At 1 December 2024

79,940

Charge for year

3,589

Eliminated on disposal

(2,398

)

At 30 November 2025

81,131

NET BOOK VALUE

At 30 November 2025

27,713

At 30 November 2024

16,314

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

88,227

82,707

Other debtors

8,210

30,899

96,437

113,606

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

3,175

6,225

Hire purchase contracts

2,687

-

Trade creditors

31,261

29,767

Taxation and social security

35,607

34,025

Other creditors

7,939

7,048

80,669

77,065

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

-

3,175

Hire purchase contracts

7,390

-

7,390

3,175

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

30.11.25

30.11.24

£

£

K Garretty

Balance outstanding at start of year

30,899

49,567

Amounts repaid

(23,564

)

(18,668

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,335

30,899