Kellys Fulfilment Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 07008230 (England and Wales)

Kellys Fulfilment Limited

Unaudited Financial Statements

for the Year Ended 30 September 2022

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D S Martin

Mrs M C F Martin

SECRETARY:

Mrs V M Tracy

REGISTERED OFFICE:

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

BUSINESS ADDRESS:

Slyfield Green Industrial Estate

Westfield Road

Guildford

Surrey

GU1 1SB

REGISTERED NUMBER:

07008230 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Tangible assets

4

14,261

81,263

CURRENT ASSETS

Stocks

12,315

12,315

Debtors

5

36,000

-

Cash at bank

1,483

1,580

49,798

13,895

CREDITORS

Amounts falling due within one year

6

6,500

2,009

NET CURRENT ASSETS

43,298

11,886

TOTAL ASSETS LESS CURRENT LIABILITIES

57,559

93,149

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

57,558

93,148

57,559

93,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 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 13 June 2023 and were signed on its behalf by:

D S Martin - Director

1.	STATUTORY INFORMATION

Kellys Fulfilment 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.

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

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and associated transportation costs and net realisable value, after making due allowance for obsolete and small moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 October 2021

99,600

39,923

139,523

Disposals

(99,600

)

-

(99,600

)

At 30 September 2022

-

39,923

39,923

DEPRECIATION

At 1 October 2021

37,556

20,704

58,260

Charge for year

10,599

4,958

15,557

Eliminated on disposal

(48,155

)

-

(48,155

)

At 30 September 2022

-

25,662

25,662

NET BOOK VALUE

At 30 September 2022

-

14,261

14,261

At 30 September 2021

62,044

19,219

81,263

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.22

30.9.21

£

£

Trade debtors

36,000

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.22

30.9.21

£

£

VAT

6,000

-

Accruals and deferred income

500

2,009

6,500

2,009

7.	ULTIMATE CONTROLLING PARTY

The controlling party is D S Martin.