PETER KINCH PLANT LIMITED

PETER KINCH PLANT LIMITED

PETER KINCH PLANT LIMITED - Company Information

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PETER KINCH PLANT LIMITED

Company Registration Number:
00904775 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2018

Period of accounts

Start date: 01 November 2017

End date: 31 October 2018

PETER KINCH PLANT LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2018

Balance sheet
Notes

PETER KINCH PLANT LIMITED

Balance sheet

As at 31 October 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 2,860,553 2,718,396
Total fixed assets: 2,860,553 2,718,396
Current assets
Stocks: 2,500 2,500
Debtors:   399,747 88,104
Cash at bank and in hand: 127,140 399,187
Investments:   15,948 15,948
Total current assets: 545,335 505,739
Creditors: amounts falling due within one year:   (204,320) (156,005)
Net current assets (liabilities): 341,015 349,734
Total assets less current liabilities: 3,201,568 3,068,130
Provision for liabilities: (150,470) (123,460)
Total net assets (liabilities): 3,051,098 2,944,670
Capital and reserves
Called up share capital: 2,005 2,005
Profit and loss account: 3,049,093 2,942,665
Shareholders funds: 3,051,098 2,944,670

The notes form part of these financial statements

PETER KINCH PLANT LIMITED

Balance sheet statements

For the year ending 31 October 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 March 2019
and signed on behalf of the board by:

Name: NP Kinch
Status: Director

The notes form part of these financial statements

PETER KINCH PLANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PETER KINCH PLANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2018

2. Employees

2018 2017
Average number of employees during the period 9 9

PETER KINCH PLANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2018

3. Tangible Assets

Total
Cost £
At 01 November 2017 3,115,618
Additions 247,604
Disposals (73,108)
At 31 October 2018 3,290,114
Depreciation
At 01 November 2017 397,222
Charge for year 82,842
On disposals (50,503)
At 31 October 2018 429,561
Net book value
At 31 October 2018 2,860,553
At 31 October 2017 2,718,396

PETER KINCH PLANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2018

4. Loans to directors

Name of director receiving advance or credit: NP Kinch
Description of the loan: Current Account
£
Balance at 01 November 2017 14,782
Advances or credits made: 213,309
Balance at 31 October 2018 228,091

During the Year, the Company made loans to NP Kinch which were repayable on demand and carried interest according to the rates prescribed by UK tax legislation. The maximum lent during the year was £228,091. £228,091 remained owing to the Company on 31 October 2018, and £3,809 interest was charged for the Year.