Kershaw Properties Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05658440

Unaudited Financial Statements

for the Year Ended 31 December 2019

for

Kershaw Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTOR:

D W Kershaw

SECRETARY:

D W Kershaw

REGISTERED OFFICE:

19 Queen Street

Lichfield

Staffordshire

WS13 6QD

REGISTERED NUMBER:

05658440

ACCOUNTANTS:

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

FIXED ASSETS

Tangible assets

4

388,827

388,827

CURRENT ASSETS

Cash at bank

6,811

8,073

CREDITORS

Amounts falling due within one year

5

(327,532

)

(314,219

)

NET CURRENT LIABILITIES

(320,721

)

(306,146

)

TOTAL ASSETS LESS CURRENT LIABILITIES

68,106

82,681

CREDITORS

Amounts falling due after more than one year

6

(9,232

)

(31,380

)

NET ASSETS

58,874

51,301

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

58,872

51,299

SHAREHOLDERS' FUNDS

58,874

51,301

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 5 February 2020 and were signed by:

D W Kershaw - Director

1.	STATUTORY INFORMATION

Kershaw Properties Limited is a private company, limited by shares , registered in Not specified/Other. The

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

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

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.

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 January 2019

and 31 December 2019

388,827

NET BOOK VALUE

At 31 December 2019

388,827

At 31 December 2018

388,827

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans

11,742

11,742

Taxation and social security

1,777

1,757

Other creditors

314,013

300,720

327,532

314,219

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Bank loans

9,232

31,380

7.	SECURED DEBTS

The following secured debts are included within creditors:

2019

2018

£

£

Bank loans

20,974

43,122

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

2

Ordinary

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 January 2019

51,299

Profit for the year

7,573

At 31 December 2019

58,872

10.	ULTIMATE CONTROLLING PARTY

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 Kershaw Properties Limited for the year ended 31 December 2019 which comprise the Profit and

Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Kershaw Properties Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kershaw Properties Limited and state those matters that we have agreed to state to the director of Kershaw Properties Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kershaw Properties Limited and its director for our work or for this report.

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

We have not been instructed to carry out an audit or a review of the financial statements of Kershaw Properties 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.

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

5 February 2020