KIN + ILK CAPITAL TOWER LIMITED

KIN + ILK CAPITAL TOWER LIMITED

KIN + ILK CAPITAL TOWER LIMITED - Company Information

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Company Registration No. 09675770 (England and Wales)
KIN + ILK CAPITAL TOWER LIMITED Unaudited accounts for the year ended 31 December 2021
KIN + ILK CAPITAL TOWER LIMITED Unaudited accounts Contents
Page
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KIN + ILK CAPITAL TOWER LIMITED Company Information for the year ended 31 December 2021
Director
David Davies
Company Number
09675770 (England and Wales)
Registered Office
1 CAPITAL QUARTER TYNDALL STREET CARDIFF CF10 4BZ WALES
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KIN + ILK CAPITAL TOWER LIMITED Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
26,859 
40,205 
Current assets
Inventories
1,740 
1,740 
Debtors
5
35,992 
41,503 
37,732 
43,243 
Creditors: amounts falling due within one year
6
(9,337)
(8,978)
Net current assets
28,395 
34,265 
Total assets less current liabilities
55,254 
74,470 
Creditors: amounts falling due after more than one year
7
(23,588)
(24,108)
Net assets
31,666 
50,362 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
18,412 
18,412 
Profit and loss account
13,253 
31,949 
Shareholders' funds
31,666 
50,362 
For the year ending 31 December 2021 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 5 September 2022 and were signed on its behalf by
David Davies Director Company Registration No. 09675770
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KIN + ILK CAPITAL TOWER LIMITED Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Going concern
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 2021
20,000 
41,727 
61,727 
At 31 December 2021
20,000 
41,727 
61,727 
Depreciation
At 1 January 2021
4,000 
17,522 
21,522 
Charge for the year
5,000 
8,346 
13,346 
At 31 December 2021
9,000 
25,868 
34,868 
Net book value
At 31 December 2021
11,000 
15,859 
26,859 
At 31 December 2020
16,000 
24,205 
40,205 
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KIN + ILK CAPITAL TOWER LIMITED Notes to the Accounts for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
- 
803 
Amounts due from group undertakings etc.
35,992 
40,700 
35,992 
41,503 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
3,642 
3,642 
VAT
- 
14 
Trade creditors
65 
802 
Amounts owed to group undertakings and other participating interests
5,630 
4,520 
9,337 
8,978 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
23,588 
24,108 
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).
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