Earl Kendrick Associates (North) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11569464 (England and Wales)

EARL KENDRICK ASSOCIATES (NORTH) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 14 SEPTEMBER 2018 TO 31 DECEMBER 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A J Banister

J E K Davies

REGISTERED OFFICE:

2nd Floor, One Hobbs House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

11569464 (England and Wales)

ACCOUNTANTS:

Albury Associates Limited

2nd Floor, One Hobbs House,

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Tangible assets

4

746

CURRENT ASSETS

Debtors

5

30,004

Cash at bank

10,777

40,781

CREDITORS

Amounts falling due within one year

6

64,851

NET CURRENT LIABILITIES

(24,070

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(23,324

)

CAPITAL AND RESERVES

Called up share capital

7

1,000

Retained earnings

8

(24,324

)

SHAREHOLDERS' FUNDS

(23,324

)

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

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

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.

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 Board of Directors and authorised for issue on 1 July 2020 and were signed on its behalf by:

J E K Davies - Director

A J Banister - Director

1.	STATUTORY INFORMATION

Earl Kendrick Associates (North) 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.

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Going concern

The Financial Statements have been prepared on a going concern basis, as the director has confirmed that

funds will continue to be made available for the company to meet its day to day commitments for the foreseeable

future. The financial statements do not include any adjustments that may result from the withdrawal of this

support and the director is of the opinion that the going concern basis is therefore appropriate to the preparation

of these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,119

At 31 December 2019

1,119

DEPRECIATION

Charge for period

373

At 31 December 2019

373

NET BOOK VALUE

At 31 December 2019

746

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

27,851

Amounts owed by associates

225

Other debtors

1,928

30,004

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1,324

Amounts owed to associates

47,523

Taxation and social security

10,499

Other creditors

5,505

64,851

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

10

Ordinary A Shares

£1

10

990

Ordinary B Shares

£1

990

1,000

8.

RESERVES

Retained

earnings

£

Deficit for the period

(10,324

)

Dividends

(14,000

)

At 31 December 2019

(24,324

)

9.	RELATED PARTY DISCLOSURES

At the year-end date, included within creditors, amounts falling due within one year, is an amount of £47,523

owed to Earl Kendrick Associates Limited, a company in which Mr Davies is a Director.

At the year-end date, included within debtors, amounts falling due within one year, is an amount of £225 owed

from Earl Kendrick Associates (South) Limited, a company in which Mr Davies is a Director.

At the year-end date, included within debtors, amounts falling due within one year, is an amount of £323 owed

from the directors Mr A Banister.

These amounts are interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J E K Davies.

The ultimate controlling party is J E K Davies.