Company Registration No. 09675770 (England and Wales)
KIN + ILK CAPITAL TOWER LIMITED
Unaudited accounts
for the year ended 31 December 2020
KIN + ILK CAPITAL TOWER LIMITED
Unaudited accounts
Contents
KIN + ILK CAPITAL TOWER LIMITED
Company Information
for the year ended 31 December 2020
Company Number
09675770 (England and Wales)
Registered Office
1 CAPITAL QUARTER
TYNDALL STREET
CARDIFF
CF10 4BZ
WALES
KIN + ILK CAPITAL TOWER LIMITED
Statement of financial position
as at 31 December 2020
Tangible assets
40,205
52,550
Cash at bank and in hand
-
556
Creditors: amounts falling due within one year
(8,978)
(54,435)
Net current assets/(liabilities)
34,265
(6,152)
Total assets less current liabilities
74,470
46,398
Creditors: amounts falling due after more than one year
(24,108)
-
Called up share capital
1
1
Revaluation reserve
18,412
18,412
Profit and loss account
31,949
27,985
Shareholders' funds
50,362
46,398
For the year ending 31 December 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 28 May 2021 and were signed on its behalf by
David Davies
Director
Company Registration No. 09675770
KIN + ILK CAPITAL TOWER LIMITED
Notes to the Accounts
for the year ended 31 December 2020
KIN + ILK CAPITAL TOWER LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09675770. The registered office is 1 CAPITAL QUARTER, TYNDALL STREET, CARDIFF, CF10 4BZ, WALES.
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
25% straight line
Fixtures & fittings
20% straight line
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2020
20,000
41,727
61,727
At 31 December 2020
20,000
41,727
61,727
At 1 January 2020
-
9,177
9,177
Charge for the year
4,000
8,345
12,345
At 31 December 2020
4,000
17,522
21,522
At 31 December 2020
16,000
24,205
40,205
At 31 December 2019
20,000
32,550
52,550
KIN + ILK CAPITAL TOWER LIMITED
Notes to the Accounts
for the year ended 31 December 2020
5
Debtors: amounts falling due within one year
2020
2019
Amounts due from group undertakings etc.
40,700
44,984
Accrued income and prepayments
-
1,230
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
3,642
-
Amounts owed to group undertakings and other participating interests
4,520
48,666
Taxes and social security
-
128
Loans from directors
-
3,782
7
Creditors: amounts falling due after more than one year
2020
2019
8
Average number of employees
During the year the average number of employees was 2 (2019: 2).
