Ketton Pines Estate Limited - Period Ending 2021-11-30

Ketton Pines Estate Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 4

Ketton Pines Estate Limited

Company Information

Directors

Mrs H Shulver Dr E McConnell Mr A McConnell Miss L McConnell

Registered office

3 High Street Kinross KY13 8AW

Accountants

Ross McConnell Chartered Accountant 3 High Street Kinross KY13 8AW

Ketton Pines Estate Limited

(Registration number: SC351685)
Balance Sheet as at 30 November 2021

	Note	2021 £	2020 £
Fixed Assets
Tangible Assets	4	32,000	32,000
Creditors: Amounts falling due within one year	5	(31,976)	(31,976)
Net assets		24	24
Capital and reserves
Called up share capital	6	24	24
Shareholders' funds		24	24

For the financial year ending 30 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 15 August 2022 and signed on its behalf by:
 

......................................... Miss L McConnell Director

Ketton Pines Estate Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2021

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
3 High Street
Kinross
KY13 8AW

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2020 - 0).

Ketton Pines Estate Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2021

4	Tangible Assets

	Land and buildings £	Total £
Cost or valuation
At 1 December 2020 and 30 November 2021	32,000	32,000
Carrying amount
At 30 November 2021	32,000	32,000
At 30 November 2020	32,000	32,000

 

5

Creditors

Creditors: amounts falling due within one year

	2021 £	2020 £
Due within one year
Other creditors	31,976	31,976

6	Share capital

Allotted, called up and fully paid shares

	2021		2020
	No.	£	No.	£
Ordinary shares of £1 each	24	24	24	24