Company Registration No. 09869757 (England and Wales)
KERNEL DESIGN LIMITED
Unaudited accounts
for the year ended 30 November 2020
KERNEL DESIGN LIMITED
Unaudited accounts
Contents
KERNEL DESIGN LIMITED
Company Information
for the year ended 30 November 2020
Director
Karl David LEGGETT
Company Number
09869757 (England and Wales)
Registered Office
47 HAYWORTH ROAD
SANDIACRE
NOTTINGHAM
NG10 5LL
ENGLAND
Accountants
Cramar Ltd
40 Brookhill Street
Stapleford
Nottingham
NG9 7BS
KERNEL DESIGN LIMITED
Statement of financial position
as at 30 November 2020
Cash at bank and in hand
13,652
5,018
Creditors: amounts falling due within one year
(16,928)
(15,313)
Net current liabilities
(1,026)
(145)
Profit and loss account
11
13
For the year ending 30 November 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 December 2020 and were signed on its behalf by
Karl David LEGGETT
Director
Company Registration No. 09869757
KERNEL DESIGN LIMITED
Notes to the Accounts
for the year ended 30 November 2020
KERNEL DESIGN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09869757. The registered office is 47 HAYWORTH ROAD, SANDIACRE, NOTTINGHAM, NG10 5LL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Plant & machinery
KERNEL DESIGN LIMITED
Notes to the Accounts
for the year ended 30 November 2020
Total debtors less than one year
2,250
10,150
Total debtors
2,250
10,150
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
677
919
Other creditors
16,251
14,394
7
Average number of employees
During the year the average number of employees was 0 (2019: 0).
