Keedwell (Scotland) Holdings Limited - Period Ending 2019-10-31
Keedwell (Scotland) Holdings Limited - Period Ending 2019-10-31
Company Registration number:
for the
Year Ended
Keedwell (Scotland) Holdings Limited
(Registration number: 09886319)
Balance Sheet as at 31 October 2019
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2019 |
2018 |
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Fixed assets |
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Current assets |
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Prepayments and accrued income |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
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Accruals and deferred income |
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Capital and reserves |
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Keedwell (Scotland) Holdings Limited
(Registration number: 09886319)
Balance Sheet as at 31 October 2019
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
These financial statements are presented in Sterling (£).
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Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The bank loan is secured against the property and also by way of a cross guarantee and debenture between the company and both its subsidiary, Keedwell (Scotland) Ltd, and a shareholder, Jays Logistics (South West) Ltd.
Important non adjusting events after the financial reporting period
Following the outbreak of the Covid-19 virus during the early part of 2020 the directors of the company have assessed the impact on the company and its ability to continue trading. The directors have concluded, having assessed the current and future cash requirements of the business, that it is appropriate to prepare the financial statements on a going concern basis.
The implications of the outbreak were not in existence at the company's year end and therefore the outbreak is considered to be a non-adjusting post balance sheet event. Had the conditions existed at the year end the directors do not believe they would have resulted in material changes to the financial position as stated within the company's balance sheet. However, it has not been possible to assess what the impact would have been on the recoverability of the company's year end trade debtors, it is possible that a provision, as a result of Covid-19 would have been required.
Keedwell (Scotland) Holdings Limited
(Registration number: 09886319)
Balance Sheet as at 31 October 2019
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 31 October 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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