Bill Landon Kitchens Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08557565 (England and Wales)

Financial Statements for the Year Ended 30 September 2021

for

Bill Landon Kitchens Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E J Landon

D W F Fowler

SECRETARY:

REGISTERED OFFICE:

Landon House

Kidderminster Road

Dodford

Bromsgrove

Worcestershire

B61 9DU

REGISTERED NUMBER:

08557565 (England and Wales)

ACCOUNTANTS:

R T Brighton Chartered Accountants

Chatsworth

The Holloway

Droitwich Spa

Worcestershire

WR9 7AJ

FIXED ASSETS

Tangible assets

4

-

1,875

CURRENT ASSETS

Stocks

14,500

14,500

Debtors

5

372,892

354,131

Cash at bank and in hand

156,524

111,689

543,916

480,320

CREDITORS

Amounts falling due within one year

6

339,725

199,808

NET CURRENT ASSETS

204,191

280,512

TOTAL ASSETS LESS CURRENT LIABILITIES

204,191

282,387

CREDITORS

Amounts falling due after more than one year

7

-

(50,000

)

PROVISIONS FOR LIABILITIES

-

(356

)

NET ASSETS

204,191

232,031

CAPITAL AND RESERVES

Called up share capital

590

600

Capital redemption reserve

10

-

Retained earnings

203,591

231,431

SHAREHOLDERS' FUNDS

204,191

232,031

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2022 and were signed on its behalf by:

E J Landon - Director

1.	STATUTORY INFORMATION

Bill Landon Kitchens Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2020 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2020

and 30 September 2021

7,500

DEPRECIATION

At 1 October 2020

5,625

Charge for year

1,875

At 30 September 2021

7,500

NET BOOK VALUE

At 30 September 2021

-

At 30 September 2020

1,875

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade debtors

73,101

67,340

Amounts owed by associates

299,791

286,791

372,892

354,131

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade creditors

134,408

60,556

Taxation and social security

38,827

46,952

Other creditors

166,490

92,300

339,725

199,808

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.21

30.9.20

£

£

Bank loans

-

50,000

8.	RELATED PARTY DISCLOSURES