Kellem Shopfitters Limited - Accounts to registrar (filleted) - small 18.2
Kellem Shopfitters Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 August 2021 |
| for |
| Kellem Shopfitters Limited |
| Kellem Shopfitters Limited (Registered number: 02743162) |
| Contents of the Financial Statements |
| for the Year Ended 31 August 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Kellem Shopfitters Limited |
| Company Information |
| for the Year Ended 31 August 2021 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Suite 15 |
| The Enterprise Centre |
| Coxbridge Business Park |
| Farnham |
| Surrey |
| GU10 5EH |
| Kellem Shopfitters Limited (Registered number: 02743162) |
| Balance Sheet |
| 31 August 2021 |
| 2021 | 2020 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| Kellem Shopfitters Limited (Registered number: 02743162) |
| Notes to the Financial Statements |
| for the Year Ended 31 August 2021 |
| 1. | STATUTORY INFORMATION |
| Kellem Shopfitters Limited is a |
| 2. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| 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 |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| 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 not recognized in respect of all timing differences that have originated but not reversed at the balance sheet date which are immaterial. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Kellem Shopfitters Limited (Registered number: 02743162) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2021 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Motor | Computer |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 September 2020 |
| Disposals | ( |
) | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 August 2021 |
| DEPRECIATION |
| At 1 September 2020 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 August 2021 |
| NET BOOK VALUE |
| At 31 August 2021 |
| At 31 August 2020 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Trade debtors |
| Corporation tax liability | 7,737 | 6,004 |
| PAYE/NI Liability | 2,371 | 2,722 |
| VAT |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Directors' current accounts | 21,519 | 19,505 |
| Accrued expenses |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2021 | 2020 |
| value: | £ | £ |
| Ordinary shares A | £1 | 100 | 75 |
| Ordinary shares B | £1 | - | 25 |
| 100 | 100 |
| Kellem Shopfitters Limited (Registered number: 02743162) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 August 2021 |
| 8. | ULTIMATE CONTROLLING PARTY |
| The Company is under the control of J D Gibson, who holds 75% of the issued share capital. J D Gibson is also the director of the company. |
| 9. | GOING CONCERN |
| The directors have confirmed that they will continue to give financial support to the company until such time as its position improves. In addition, the directors have confirmed that they will not recall their loans within 12 months.The directors consider that it is appropriate to prepare the financial statements on a going concern basis.The financial statements do not include any adjustments that would result if the financial support were withdrawn. |
| 10. | EVENT DURING THE REPORTING PERIOD |
| For the period ended on 31 August 2021, the Coronavirus (COVID-19) has emerged globally resulting in a significant impact on businesses worldwide. As a result some business operations have been restricted, however company continues to operate using alternative methods and remote working. The directors are unable to evaluate the overall financial impact on the business at present. Hence the financial statements do not include any adjustments that might result from the outcome of this uncertainty. The directors are continuing to monitor, assess and act with reference to the current changing environment in order to position the company to ensure its future success. |