Kittle Group (UK) Limited 31/12/2020 iXBRL
Kittle Group (UK) Limited 31/12/2020 iXBRL
Company registration number:
09356376
Contents
Directors and other information
Accountants report
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Directors and other information
Directors |
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C J Nimmo | Appointed 5 January 2021 | ||
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Appointed 5 January 2021 | ||
Company number |
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Registered office |
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Accountants |
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37 Fraser Close | |||
Chelmsford | |||
Essex | |||
CM2 0TD | |||
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Kittle Group (UK) Limited
Year ended 31 December 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kittle Group (UK) Limited for the year ended 31 December 2020 which comprise the abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Institute of Financial Accountants , we are subject to its ethical and other professional requirements.
Our work has been undertaken in accordance with the requirements of the Institute of Financial Accountants.
Chelmer Company Services
Financial Accountants
37 Fraser Close
Chelmsford
Essex
CM2 0TD
8 September 2021
Abridged statement of financial position
31 December 2020
2020 | 2019 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 | - |
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- |
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Current assets | |||||||||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
03 September 2021
, and are signed on behalf of the board by:
Director
Statement of changes in equity
Year ended 31 December 2020
Called up share capital | Profit and loss account | Total | |||
£ | £ | £ | |||
At 1 January 2019 |
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Profit for the year |
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Total comprehensive income for the year | - |
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Issue of shares |
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Dividends paid and payable |
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Total investments by and distributions to owners |
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At 31 December 2019 and 1 January 2020 |
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Profit for the year |
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Total comprehensive income for the year | - |
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Dividends paid and payable |
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Total investments by and distributions to owners | - |
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At 31 December 2020 |
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Notes to the financial statements
Year ended 31 December 2020
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 37 Fraser Close, Chelmsford, Essex, CM2 0TD.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
12
(2019:
13
).
5.
Tangible assets
£ | ||
Cost | ||
At 1 January 2020 |
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Additions |
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At 31 December 2020 |
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Depreciation | ||
At 1 January 2020 |
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Charge for the year |
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At 31 December 2020 |
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Carrying amount | ||
At 31 December 2020 | - | |
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At 31 December 2019 |
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6.
Change of company name
On the 3rd of February 2020 the company changed its name from Kittle Associates Limited to
Kittle Group (UK) Limited