Kenfig Hill Limited Filleted accounts for Companies House (small and micro)

KENFIG HILL LIMITED - Company Information

false false false false false false false false false true false false false false false false false No description of principal activity 2018-03-27 Sage Accounts Production Advanced 2019 - FRS102_2014 5,617 5,617 705 705 4,912 xbrli:pure xbrli:shares iso4217:GBP 11278968 2018-03-27 2019-03-31 11278968 2019-03-31 11278968 core:FurnitureFittings 2018-03-27 2019-03-31 11278968 bus:Director1 2018-03-27 2019-03-31 11278968 core:FurnitureFittings 2019-03-31 11278968 core:WithinOneYear 2019-03-31 11278968 core:ShareCapital 2019-03-31 11278968 core:RetainedEarningsAccumulatedLosses 2019-03-31 11278968 bus:Director1 2019-03-31 11278968 bus:SmallEntities 2018-03-27 2019-03-31 11278968 bus:AuditExempt-NoAccountantsReport 2018-03-27 2019-03-31 11278968 bus:FullAccounts 2018-03-27 2019-03-31 11278968 bus:SmallCompaniesRegimeForAccounts 2018-03-27 2019-03-31 11278968 bus:PrivateLimitedCompanyLtd 2018-03-27 2019-03-31

COMPANY REGISTRATION NUMBER: 11278968

Kenfig Hill Limited

Filleted Unaudited Financial Statements

31 March 2019

Kenfig Hill Limited

Statement of Financial Position

31 March 2019

	31 Mar 19
Note	£

Fixed assets

Tangible assets	5	4,912

Current assets

Stocks		37,058
Debtors	6	4,500
Cash at bank and in hand		27,075
		--------
		68,633

Creditors: amounts falling due within one year	7	83,387
		--------
Net current liabilities		14,754
		--------
Total assets less current liabilities		( 9,842)
		-------
Net liabilities		( 9,842)
		-------

Capital and reserves

Called up share capital	100
Profit and loss account	( 9,942)
	-------
Shareholders deficit	( 9,842)
	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Kenfig Hill Limited

Statement of Financial Position (continued)

31 March 2019

These financial statements were approved by the board of directors and authorised for issue on 16 December 2019 , and are signed on behalf of the board by:

Mr J S Tal
Director

Company registration number: 11278968

Kenfig Hill Limited

Notes to the Financial Statements

Period from 27 March 2018 to 31 March 2019

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Agincourt Villas, Uxbridge Road, Hillingdon, Middlesex, UB10 0NX.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	20% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 12 .

5. Tangible assets

	Fixtures and fittings
	£
Cost
At 27 March 2018	–
Additions	5,617
	-------
At 31 March 2019	5,617
	-------
Depreciation
At 27 March 2018	–
Charge for the period	705
	-------
At 31 March 2019	705
	-------
Carrying amount
At 31 March 2019	4,912
	-------

6. Debtors

	31 Mar 19
	£
Other debtors	4,500
	-------

7. Creditors: amounts falling due within one year

	31 Mar 19
	£
Trade creditors	26,395
Social security and other taxes	3,358
Other creditors	53,634
	--------
	83,387
	--------

8. Director's advances, credits and guarantees

During the period the director entered into the following advances and credits with the company:

	31 Mar 19
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr J S Tal	–	( 52,394)	( 52,394)
	----	--------	--------