Conor Kennedy Ltd - Accounts to registrar (filleted) - small 18.2
Conor Kennedy Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
CONOR KENNEDY LTD |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018 |
CONOR KENNEDY LTD (REGISTERED NUMBER: SC423133) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31 March 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
CONOR KENNEDY LTD |
COMPANY INFORMATION |
For The Year Ended 31 March 2018 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
CONOR KENNEDY LTD (REGISTERED NUMBER: SC423133) |
BALANCE SHEET |
31 March 2018 |
31.3.18 | 31.3.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks | 6 |
Debtors | 7 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
CONOR KENNEDY LTD (REGISTERED NUMBER: SC423133) |
BALANCE SHEET - continued |
31 March 2018 |
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 on by: |
CONOR KENNEDY LTD (REGISTERED NUMBER: SC423133) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31 March 2018 |
1. | STATUTORY INFORMATION |
Conor Kennedy Ltd is a |
number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents sales of goods and services in the year, excluding value added tax. |
Goodwill |
Tangible fixed assets |
Land and buildings | - |
Plant and machinery etc | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
Financial instruments |
Basic financial liabilities, including trade and other payables, bank loans and other loans that are classified as |
debt, are initially recognised at transaction price and are subsequently carried at amortised cost, using the |
effective interest rate method. |
Taxation |
Taxation for the year comprises current 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 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. |
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 |
CONOR KENNEDY LTD (REGISTERED NUMBER: SC423133) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 March 2018 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 April 2017 |
and 31 March 2018 |
AMORTISATION |
Charge for year |
At 31 March 2018 |
NET BOOK VALUE |
At 31 March 2018 |
At 31 March 2017 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 April 2017 |
Additions |
At 31 March 2018 |
DEPRECIATION |
Charge for year |
At 31 March 2018 |
NET BOOK VALUE |
At 31 March 2018 |
At 31 March 2017 |
6. | STOCKS |
31.3.18 | 31.3.17 |
£ | £ |
Stocks |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Trade debtors |
Other debtors |
Tax recoverable | - | 11,466 |
CONOR KENNEDY LTD (REGISTERED NUMBER: SC423133) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 March 2018 |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
9. | OTHER FINANCIAL COMMITMENTS |
At 31 March 2018 the company was committed to making total payments under non-cancellable operating leases |
of £2,712,500 (2017, £2.862,500). |