Company Registration No. 11691181 (England and Wales)
KAY PROPERTY HOLDINGS LIMITED
Unaudited accounts
for the year ended 30 November 2020
KAY PROPERTY HOLDINGS LIMITED
Unaudited accounts
Contents
KAY PROPERTY HOLDINGS LIMITED
Company Information
for the year ended 30 November 2020
Company Number
11691181 (England and Wales)
Registered Office
QUEENS HEAD 12 WORTLEY ROAD
HIGH GREEN
SHEFFIELD
S35 4LU
UNITED KINGDOM
Accountants
Fairmile Accounting Ltd
Boston House
Downsview Road
Wantage
OX12 9FF
KAY PROPERTY HOLDINGS LIMITED
Statement of financial position
as at 30 November 2020
Tangible assets
237,909
235,845
Cash at bank and in hand
1,060
-
Creditors: amounts falling due within one year
(28,701)
-
Net current assets
108,879
655
Total assets less current liabilities
346,788
236,500
Creditors: amounts falling due after more than one year
(328,646)
(246,251)
Net assets/(liabilities)
18,142
(9,751)
Called up share capital
4
4
Profit and loss account
18,138
(9,755)
Shareholders' funds
18,142
(9,751)
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 2 April 2021 and were signed on its behalf by
D Kay
Director
Company Registration No. 11691181
KAY PROPERTY HOLDINGS LIMITED
Notes to the Accounts
for the year ended 30 November 2020
KAY PROPERTY HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11691181. The registered office is QUEENS HEAD 12 WORTLEY ROAD, HIGH GREEN, SHEFFIELD, S35 4LU, UNITED KINGDOM.
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% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2019
235,845
-
-
235,845
Additions
-
1,276
1,391
2,667
At 30 November 2020
235,845
1,276
1,391
238,512
Charge for the year
-
255
348
603
At 30 November 2020
-
255
348
603
At 30 November 2020
235,845
1,021
1,043
237,909
At 30 November 2019
235,845
-
-
235,845
KAY PROPERTY HOLDINGS LIMITED
Notes to the Accounts
for the year ended 30 November 2020
Accrued income and prepayments
71,131
-
Total debtors less than one year
99,470
655
Total debtors greater than one year
37,050
-
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
12,003
-
Taxes and social security
3,516
-
7
Creditors: amounts falling due after more than one year
2020
2019
Bank loans
289,582
159,982
Loans from directors
39,064
86,269
8
Average number of employees
During the year the average number of employees was 2 (2019: 0).