Kenilworth Property and Finance Co Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02014446 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

KENILWORTH PROPERTY AND FINANCE COMPANY

LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs M Metcalfe

REGISTERED OFFICE:

Cubbington Wood Depot

Rugby Road

Cubbington

Leamington Spa

Warwickshire

CV32 7NU

REGISTERED NUMBER:

02014446 (England and Wales)

ACCOUNTANTS:

Clive Shedd & Co

Chartered Accountants

232 Sladepool Farm Road

Birmingham

B14 5EE

CURRENT ASSETS

Debtors

5

6,884

6,522

CREDITORS

Amounts falling due within one year

6

5,801

5,479

NET CURRENT ASSETS

1,083

1,043

TOTAL ASSETS LESS CURRENT LIABILITIES

1,083

1,043

CAPITAL AND RESERVES

Called up share capital

7

900

900

Retained earnings

183

143

SHAREHOLDERS' FUNDS

1,083

1,043

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 her 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 and authorised for issue on 24 September 2020 and were signed by:

Mrs M Metcalfe - Director

1.	STATUTORY INFORMATION

Kenilworth Property and Finance Company 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.	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.

Significant judgements and estimates

In preparing these financial statements the company's management make judgements, estimates and assumptions

that affect the amounts reported for assets and liabilities at the statement of financial position date and the

amounts reported in the income statement for the year under review.

The nature of estimates means that the actual outcome could differ and the company's management consider

there are no estimates or assumptions that have a significant risk of causing a material adjustment to the amounts

reported for assets and liabilities within the next financial year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Financial instruments

Basic financial assets and liabilities are initially recognised at transaction price and are subsequently measured at

amortised cost.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the

current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax

rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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

statement of financial position date.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

6,884

6,522

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Taxation and social security

4,091

3,819

Other creditors

1,710

1,660

5,801

5,479

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

900

Ordinary

£1

900

900