Kinder Castle Limited - Accounts to registrar (filleted) - small 18.2
Kinder Castle Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 April 2018 |
| for |
| Kinder Castle Limited |
| Kinder Castle Limited (Registered number: 04435685) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Kinder Castle Limited |
| Company Information |
| for the Year Ended 30 April 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| and Business Advisers |
| Coburg House |
| 1 Coburg Street |
| Gateshead |
| Tyne and Wear |
| NE8 1NS |
| Kinder Castle Limited (Registered number: 04435685) |
| Balance Sheet |
| 30 April 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| 863,922 | 877,110 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Profit and loss account |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| Kinder Castle Limited (Registered number: 04435685) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2018 |
| 1. | STATUTORY INFORMATION |
| Kinder Castle Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable and represents amounts |
| receivable for services rendered, stated net of value added tax. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment |
| losses. |
| Impairment of assets |
| At each reporting date fixed assets are reviewed to determine whether there is any indication that those |
| assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable |
| amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable |
| amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss |
| is recognised immediately in profit and loss. |
| If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised |
| estimate of its recoverable amount, but not in excess of the amount that would have been determined had no |
| impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised |
| immediately in profit or loss. |
| Taxation |
| The taxation expense represents the aggregate amount of current and deferred tax recognised in the |
| reporting period. Tax is recognised in the profit or loss, except to the extent that it relates to items recognised |
| in other comprehensive income or directly in equity. |
| Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the |
| amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or |
| substantially enacted at the reporting date. |
| Deferred tax is recognised in respect of all timing differences at the reporting date. Deferred tax is measured |
| using the tax rates and laws that have been enacted or substantially enacted by the reporting date that are |
| expected to apply to the reversal of the timing differences. |
| Defined contribution plans |
| Contributions to defined contribution plans are recognised as an expense in the period in which the related |
| service is provided.Prepaid contributions are recognised as an asset to the extent that that prepayment will |
| lead a reduction in future payments or a cash refund. |
| Employee benefits |
| Short-term employee benefits are recognised as an expense in the period in which they are incurred. |
| Financial instruments |
| A financial asset or financial liability is recognised only when the entity becomes a party to the contractual |
| provisions of the instrument. |
| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes |
| a financing transaction, where it is recognised at the present value of the future payments discounted at a |
| market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at |
| amortised cost. |
| Kinder Castle Limited (Registered number: 04435685) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2018 |
| 3. | ACCOUNTING POLICIES - continued |
| Provisions |
| Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it |
| is probable that the entity will be required to transfer economic benefits in settlement and the amount of the |
| obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial |
| position and the amount of the provision as an expense. |
| Provisions are initially measured at the best estimate of the amount required to settle the obligation at the |
| reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best |
| estimate of the amount that would be required to settle the obligation. Any adjustment to the amounts |
| previously recognised are recognised in profit or loss unless the provision was originally recognised as part of |
| the the cost of the asset. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 May 2017 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 April 2018 |
| DEPRECIATION |
| At 1 May 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 April 2018 |
| NET BOOK VALUE |
| At 30 April 2018 |
| At 30 April 2017 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans |
| Kinder Castle Limited (Registered number: 04435685) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2018 |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
| 2018 | 2017 |
| £ | £ |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 68,138 | 76,052 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2018 | 2017 |
| £ | £ |
| Bank overdrafts |
| Bank loans |
| The company's bank loans and overdrafts are secured over the company assets together with a personal |
| guarantee from a director. |
| 10. | RELATED PARTY DISCLOSURES |
| Mrs P Craig and Ms L Craig are directors of Cramlington House Limited, a company operating residential care |
| homes. At 30th April 2018, Kinder Castle Limited had a loan of £231,739 (2017: £177,583) due from |
| Cramlington House Limited. |
| Mrs P Craig and Ms L Craig are designated members of Craig Healthcare LLP, a property rental business. At |
| 30th April 2018, Kinder Castle Limited had a loan of £45,303 (2017: £NIL) owing to Craig Healthcare LLP. |