Kingsland Receivables Limited - Accounts to registrar (filleted) - small 18.2

Kingsland Receivables Limited - Accounts to registrar (filleted) - small 18.2

KINGSLAND RECEIVABLES LIMITED - Company Information

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REGISTERED NUMBER: 08316583 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2018 TO 31 MARCH 2019

FOR

KINGSLAND RECEIVABLES LIMITED
KINGSLAND RECEIVABLES LIMITED (REGISTERED NUMBER: 08316583)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2018 TO 31 MARCH 2019




Page

Company information 1

Report of the accountants 2

Balance sheet 3

Notes to the financial statements 4


KINGSLAND RECEIVABLES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2018 TO 31 MARCH 2019







Director: Rehan Ahmed





Registered office: Ground Floor, Trust House
5 Augustus Street
Bradford
BD1 5LL





Registered number: 08316583 (England and Wales)





Accountants: Shipleys Tax Planning Ltd
Chartered Tax Advisers
Wharf House
Victoria Quays
Wharf Street
Sheffield
South Yorkshire
S2 5SY
Page 1
KINGSLAND RECEIVABLES LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
KINGSLAND RECEIVABLES LIMITED

The following reproduces the text of the report prepared for the director in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act
2006, the company is only required to file a Balance sheet. Readers are cautioned that the
Income statement and certain other primary statements and the Report of the director are
not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for
your approval the financial statements of Kingsland Receivables Limited for the period ended 31
March 2019 which comprise the Profit and loss account, the Balance sheet and the related notes
from the Company accounting records and from information and explanations you have given to
us.

This report is made solely to the Board of Directors of Kingsland Receivables Limited, as a body, in
accordance with the terms of our agreement. Our work has been undertake solely to prepare for
your approval the financial statements of Kingsland Receivables Limited and state those matters
that we have agreed to state to them in this report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than Kingsland
Receivables Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Kingsland Receivables Limited has kept adequate accounting records
and to prepare statutory financial statements that give a true and fair view of the Company's assets
and liabilities, financial position and profit. You consider that Kingsland Receivables Limited is
exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of
Kingsland Receivables Limited. For this reason, we have not verified the accuracy or
completeness of the accounting records or information and explanations you have given to us and
we do not, therefore, express any opinion on the statutory financial statements.






Shipleys Tax Planning Ltd


24 December 2019

This page does not form part of the statutory financial statements

Page 2
KINGSLAND RECEIVABLES LIMITED (REGISTERED NUMBER: 08316583)

BALANCE SHEET
31 MARCH 2019

2019 2017
Notes £    £   
CURRENT ASSETS
Debtors 4 100 427
Cash at bank 1,000 916
1,100 1,343
CREDITORS
Amounts falling due within one year 5 7,433 53,685
NET CURRENT LIABILITIES (6,333 ) (52,342 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(6,333
)
(52,342
)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (6,433 ) (52,442 )
(6,333 ) (52,342 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director on 24 December 2019 and were signed by:



Rehan Ahmed - Director


The notes form part of these financial statements

Page 3
KINGSLAND RECEIVABLES LIMITED (REGISTERED NUMBER: 08316583)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2018 TO 31 MARCH 2019

1. STATUTORY INFORMATION

Kingsland Receivables Limited is a private company, limited by shares , registered in
England and Wales. The company's registered number and registered office address can be
found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the period comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in
periods different from those in which they are recognised in financial statements. Deferred
tax is measured using tax rates and laws that have been enacted or substantively enacted
by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it
is probable that they will be recovered against the reversal of deferred tax liabilities or other
future taxable profits.

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 period was 1 (2017 - 1 ) .

Page 4 continued...
KINGSLAND RECEIVABLES LIMITED (REGISTERED NUMBER: 08316583)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2018 TO 31 MARCH 2019

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2017
£    £   
Trade debtors - 327
Other debtors 100 100
100 427

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2017
£    £   
Trade creditors 545 2,653
Other creditors 6,888 51,032
7,433 53,685

6. RELATED PARTY DISCLOSURES

During the period a loan balance of £65,299 owed to KL Business Solutions Ltd, a company
in which Mr R Ahmed is a shareholder was fully written off. The amount outstanding at the
balance sheet date was £Nil (2018: £49,590)..

Page 5