Kerrisvean Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 02480468 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

KERRISVEAN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Casey

D A G Mackenzie

M A J Lundberg

M Holtermann

P Paul

SECRETARY:

D A G Mackenzie

REGISTERED OFFICE:

21 Ladbroke Square

London

W11 3NA

REGISTERED NUMBER:

02480468 (England and Wales)

ACCOUNTANTS:

Butters Gates & Company

Chartered Accountants

107 Bell Street

London

NW1 6TL

FIXED ASSETS

Tangible assets

4

5

5

CURRENT ASSETS

Debtors

5

13,970

-

Cash at bank

22,544

15,942

36,514

15,942

CREDITORS

Amounts falling due within one year

6

20,840

780

NET CURRENT ASSETS

15,674

15,162

TOTAL ASSETS LESS CURRENT LIABILITIES

15,679

15,167

CAPITAL AND RESERVES

Called up share capital

5

5

Other reserves - repairs

7

5,865

5,865

Retained earnings

7

9,809

9,297

SHAREHOLDERS' FUNDS

15,679

15,167

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 12 December 2022 and were signed on its behalf by:

M A J Lundberg - Director

1.	STATUTORY INFORMATION

Kerrisvean 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 represents service charges receivable from tenants in the year.

Tangible fixed assets

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

Taxation

The company is a non-profit making property management organisation and therefore has no tax liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2021

and 31 March 2022

5

NET BOOK VALUE

At 31 March 2022

5

At 31 March 2021

5

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Recoverable party wall costs

13,970

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Other creditors

20,000

-

Accrued expenses

840

780

20,840

780

7.

RESERVES

Other

Retained

reserves

earnings

- repairs

Totals

£

£

£

At 1 April 2021

9,297

5,865

15,162

Profit for the year

512

512

At 31 March 2022

9,809

5,865

15,674