S & P Kineton Ltd - Accounts to registrar (filleted) - small 18.2

S & P Kineton Ltd - Accounts to registrar (filleted) - small 18.2

S & P KINETON LTD - Company Information

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IRIS Accounts Production v21.4.0.171 07891466 Board of Directors 1.3.21 28.2.22 28.2.22 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure078914662021-02-28078914662022-02-28078914662021-03-012022-02-28078914662020-02-29078914662020-03-012021-02-28078914662021-02-2807891466ns16:EnglandWales2021-03-012022-02-2807891466ns15:PoundSterling2021-03-012022-02-2807891466ns11:Director12021-03-012022-02-2807891466ns11:PrivateLimitedCompanyLtd2021-03-012022-02-2807891466ns11:SmallEntities2021-03-012022-02-2807891466ns11:AuditExemptWithAccountantsReport2021-03-012022-02-2807891466ns11:SmallCompaniesRegimeForDirectorsReport2021-03-012022-02-2807891466ns11:SmallCompaniesRegimeForAccounts2021-03-012022-02-2807891466ns11:FullAccounts2021-03-012022-02-2807891466ns11:Director22021-03-012022-02-2807891466ns11:RegisteredOffice2021-03-012022-02-2807891466ns6:CurrentFinancialInstruments2022-02-2807891466ns6:CurrentFinancialInstruments2021-02-2807891466ns6:Non-currentFinancialInstruments2022-02-2807891466ns6:Non-currentFinancialInstruments2021-02-2807891466ns6:ShareCapital2022-02-2807891466ns6:ShareCapital2021-02-2807891466ns6:RetainedEarningsAccumulatedLosses2022-02-2807891466ns6:RetainedEarningsAccumulatedLosses2021-02-2807891466ns6:NetGoodwill2021-03-012022-02-2807891466ns6:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2807891466ns6:MotorVehicles2021-03-012022-02-2807891466ns6:MotorVehicles2022-02-2807891466ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2022-02-2807891466ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2021-02-28
REGISTERED NUMBER: 07891466 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2022

for

S & P Kineton Ltd
S & P Kineton Ltd (Registered number: 07891466)






Contents of the Financial Statements
for the Year Ended 28 February 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

S & P Kineton Ltd

Company Information
for the Year Ended 28 February 2022







DIRECTORS: S S Deo
Mrs P K Deo





REGISTERED OFFICE: Kineton Post Office Banbury Street
Kineton
Warwick
Warwickshire
CV35 0JS





REGISTERED NUMBER: 07891466 (England and Wales)





ACCOUNTANTS: Sachdevs
Chartered Accountants
4 Station Avenue
Tile Hill
Coventry
West Midlands
CV4 9HS
Page 1
S & P Kineton Ltd (Registered number: 07891466)

Balance Sheet
28 February 2022

28.2.22 28.2.21
Notes £    £   
FIXED ASSETS
Tangible assets 4 20,648 -

CURRENT ASSETS
Debtors 5 533 8,046
Cash at bank and in hand 207,369 274,474
207,902 282,520
CREDITORS
Amounts falling due within one year 6 (142,109 ) (201,666 )
NET CURRENT ASSETS 65,793 80,854
TOTAL ASSETS LESS CURRENT
LIABILITIES
86,441
80,854

CREDITORS
Amounts falling due after more than
one year
7
(16,594
)
-
NET ASSETS 69,847 80,854

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 69,747 80,754
69,847 80,854

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 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 notes form part of these financial statements

Page 2 continued...
S & P Kineton Ltd (Registered number: 07891466)

Balance Sheet - continued
28 February 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 March 2022 and were signed on its behalf by:





S S Deo - Director


The notes form part of these financial statements

Page 3
S & P Kineton Ltd (Registered number: 07891466)

Notes to the Financial Statements
for the Year Ended 28 February 2022

1. STATUTORY INFORMATION

S & P Kineton Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 NIL (2021 - 7 ).

Page 4 continued...
S & P Kineton Ltd (Registered number: 07891466)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2022

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 24,292
At 28 February 2022 24,292
DEPRECIATION
Charge for year 3,644
At 28 February 2022 3,644
NET BOOK VALUE
At 28 February 2022 20,648

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.22 28.2.21
£    £   
VAT 533 8,046

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.22 28.2.21
£    £   
Trade creditors - 4,467
Tax 302 17,901
Social security and other taxes - 202
Other creditors 54 -
Directors' loan accounts 141,753 179,096
142,109 201,666

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.22 28.2.21
£    £   
Bank loans - 2-5 years 16,594 -

Page 5
S & P Kineton Ltd

Report of the Accountants to the Directors of
S & P Kineton Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2022 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Sachdevs
Chartered Accountants
4 Station Avenue
Tile Hill
Coventry
West Midlands
CV4 9HS


29 March 2022

This page does not form part of the statutory financial statements

Page 6