Company Registration No. 6309939 (England and Wales)
Kieran McDaid Ltd
Unaudited accounts
for the year ended 5 April 2020
Kieran McDaid Ltd
Unaudited accounts
Contents
Kieran McDaid Ltd
Company Information
for the year ended 5 April 2020
Company Number
6309939 (England and Wales)
Accountants
Smeaton & Holmes Ltd
70 Market Street
Dalton-in-Furness
Cumbria
LA15 8AA
Kieran McDaid Ltd
Statement of financial position
as at
5 April 2020
Tangible assets
17,096
22,798
Cash at bank and in hand
-
390
Creditors: amounts falling due within one year
(14,269)
(16,776)
Net current liabilities
(12,298)
(16,243)
Total assets less current liabilities
4,798
6,555
Creditors: amounts falling due after more than one year
(1,938)
(6,587)
Net assets/(liabilities)
2,860
(32)
Called up share capital
1
1
Profit and loss account
2,859
(33)
Shareholders' funds
2,860
(32)
For the year ending 5 April 2020 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 July 2021 and were signed on its behalf by
Mr K McDaid
Director
Company Registration No. 6309939
Kieran McDaid Ltd
Notes to the Accounts
for the year ended 5 April 2020
Kieran McDaid Ltd is a private company, limited by shares, registered in England and Wales, registration number 6309939.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 6 April 2019
40,181
4,750
60
44,991
At 5 April 2020
40,181
4,750
60
44,991
At 6 April 2019
17,571
4,566
56
22,193
Charge for the year
5,652
46
4
5,702
At 5 April 2020
23,223
4,612
60
27,895
At 5 April 2020
16,958
138
-
17,096
At 5 April 2019
22,610
184
4
22,798
5
Debtors: amounts falling due within one year
2020
2019
Kieran McDaid Ltd
Notes to the Accounts
for the year ended 5 April 2020
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
13,143
11,855
Obligations under finance leases and hire purchase contracts
5,425
4,650
Taxes and social security
228
-
Loans from directors
(5,105)
-
7
Creditors: amounts falling due after more than one year
2020
2019
Obligations under finance leases and hire purchase contracts
1,938
6,587
8
Share capital
2020
2019
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2019: 1).