Kearney's Inside Outside Catering Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 05125062

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		244,982		251,399

			244,982		251,399
CURRENT ASSETS
Debtors	5	85,113		87,908
Cash at bank and in hand		87,564		132,242

		172,677		220,150
Creditors: Amounts Falling Due Within One Year	6	(138,286 )		(120,804 )

NET CURRENT ASSETS (LIABILITIES)			34,391		99,346

TOTAL ASSETS LESS CURRENT LIABILITIES			279,373		350,745

Creditors: Amounts Falling Due After More Than One Year	7		(5,298 )		(15,115 )

NET ASSETS			274,075		335,630

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			273,975		335,530

SHAREHOLDERS' FUNDS			274,075		335,630

Page 1

Page 2

Kearney's Inside Outside Catering Company Limited

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 2026 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr D S Kearney

Director

10/08/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Kearney's Inside Outside Catering Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05125062 . The registered office is 10 Manor Park, Banbury, Oxfordshire, OX16 3TB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% on cost
Plant & Machinery	20% on reducing balance
Motor Vehicles	20% on reducing balance
Fixtures & Fittings	20% on reducing balance
Computer Equipment	33% on reducing balance

Page 3

Page 4

Kearney's Inside Outside Catering Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2025: 13)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 June 2025	291,811	60,763	23,383	4,609
Additions	-	740	-	-

As at 31 May 2026	291,811	61,503	23,383	4,609

Depreciation
As at 1 June 2025	59,876	51,963	13,635	3,860
Provided during the period	2,627	2,824	1,966	150

As at 31 May 2026	62,503	54,787	15,601	4,010

...CONTINUED

Page 4

Page 5

Kearney's Inside Outside Catering Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

Net Book Value
As at 31 May 2026	229,308	6,716	7,782	599

As at 1 June 2025	231,935	8,800	9,748	749


	Computer Equipment	Total
	£	£
Cost
As at 1 June 2025	5,745	386,311
Additions	694	1,434

As at 31 May 2026	6,439	387,745

Depreciation
As at 1 June 2025	5,578	134,912
Provided during the period	284	7,851

As at 31 May 2026	5,862	142,763

Net Book Value
As at 31 May 2026	577	244,982

As at 1 June 2025	167	251,399

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	60,000	63,101
Other debtors	25,113	24,807

	85,113	87,908

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Bank loans and overdrafts	11,182	12,830
Other creditors	112,312	87,361
Taxation and social security	14,792	20,613

	138,286	120,804

Page 5

Page 6

Kearney's Inside Outside Catering Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	5,298	15,115

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

Page 6