Kenbar Limited 30/09/2020 iXBRL
Kenbar Limited 30/09/2020 iXBRL
Company registration number:
NI019714
Contents
Statement of financial position
Notes to the financial statements
Statement of financial position
30th September 2020
2020 | 2019 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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Investments | 6 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Debtors | 7 |
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Cash at bank and in hand |
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_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year | 8 |
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_______ | _______ | ||||||||
Net current assets |
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_______ | _______ | ||||||||
Total assets less current liabilities |
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_______ | _______ | ||||||||
Net assets |
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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_______ | _______ | ||||||||
Shareholders funds |
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_______ | _______ | ||||||||
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
07 May 2021
, and are signed on behalf of the board by:
Director
Company registration number:
NI019714
Notes to the financial statements
Year ended 30th September 2020
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is Kenbar Limited, 3 Limavady Road, Londonderry, BT476JU.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles | - |
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Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2019:
1
).
5.
Tangible assets
Motor vehicles | Total | ||
£ | £ | ||
Cost | |||
At 1st October 2019 and 30th September 2020 |
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_______ | _______ | ||
Depreciation | |||
At 1st October 2019 |
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Charge for the year |
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_______ | _______ | ||
At 30th September 2020 |
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_______ | _______ | ||
Carrying amount | |||
At 30th September 2020 |
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_______ | _______ | ||
At 30th September 2019 |
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_______ | _______ | ||
6.
Investments
Other investments other than loans | Total | ||
£ | £ | ||
Cost | |||
At 1st October 2019 |
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Additions |
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_______ | _______ | ||
At 30th September 2020 |
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_______ | _______ | ||
Impairment | |||
At 1st October 2019 and 30th September 2020 | - | - | |
_______ | _______ | ||
Carrying amount | |||
At 30th September 2020 |
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_______ | _______ | ||
At 30th September 2019 |
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_______ | _______ | ||
Included in 'Other investments other than loans' are Investment Properties at fair value. The director considers the valuation to reflect fair value at 30th September 2019 based on a valuation by Tom Magee Limited, commercial property agents and based on their knowledge of the property market.
Listed investments
£ | £ | |
At 30 September 2020 | ||
Carrying value | 256,106 | 256,106 |
Market value | 258,634 | 258,634 |
_______ | _______ | |
At 30th September 2019 | ||
Carrying value | 250,000 | 250,000 |
Market value | 251,682 | 251,682 |
_______ | _______ | |
7.
Debtors
2020 | 2019 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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_______ | _______ | |||
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_______ | _______ | |||
8.
Creditors: amounts falling due within one year
2020 | 2019 | |||
£ | £ | |||
Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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_______ | _______ | |||
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_______ | _______ | |||
9.
Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company: | |||||
2020 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
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- |
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_______ | _______ | _______ | _______ | ||
2019 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
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(
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- |
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_______ | _______ | _______ | _______ | ||