Kinrise Real Estate Ltd - Period Ending 2020-12-31

Kinrise Real Estate Ltd - Period Ending 2020-12-31


Kinrise Real Estate Ltd 09387387 false 2020-01-01 2020-12-31 2020-12-31 The principal activity of the company is is to provide real estate management services to high net worth individuals and families. This consists of a variety of different services including residential property development, investment in commercial properties and acquisition of commercial real estate for redevelopment into hotels and hospitality facilities. Digita Accounts Production Advanced 6.29.9459.0 true 09387387 2020-01-01 2020-12-31 09387387 2020-12-31 09387387 core:CurrentFinancialInstruments core:WithinOneYear 2020-12-31 09387387 bus:Micro-entities 2020-01-01 2020-12-31 09387387 bus:AuditExemptWithAccountantsReport 2020-01-01 2020-12-31 09387387 bus:FullAccounts 2020-01-01 2020-12-31 09387387 bus:SmallCompaniesRegimeForAccounts 2020-01-01 2020-12-31 09387387 bus:RegisteredOffice 2020-01-01 2020-12-31 09387387 bus:Director1 2020-01-01 2020-12-31 09387387 bus:Director3 2020-01-01 2020-12-31 09387387 bus:PrivateLimitedCompanyLtd 2020-01-01 2020-12-31 09387387 countries:AllCountries 2020-01-01 2020-12-31 09387387 2019-01-01 2019-12-31 09387387 2019-12-31 09387387 core:CurrentFinancialInstruments core:WithinOneYear 2019-12-31 iso4217:GBP xbrli:pure

Registration number: 09387387

Kinrise Real Estate Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2020

 

Kinrise Real Estate Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

2

 

Kinrise Real Estate Ltd

(Registration number: 09387387)
Balance Sheet as at 31 December 2020

2020
£

2019
£

Fixed assets

347,282

7,870

Current assets

939,622

102,583

Prepayments and accrued income

28,611

25,014

Creditors: Amounts falling due within one year

(1,292,304)

(1,153,433)

Net current liabilities

(324,071)

(1,025,836)

Total assets less current liabilities

23,211

(1,017,966)

Accruals and deferred income

-

(121,691)

 

23,211

(1,139,657)

Capital and reserves

23,211

(1,139,657)

 

Kinrise Real Estate Ltd

(Registration number: 09387387)
Balance Sheet as at 31 December 2020

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7 Portland Mews
London
W1F 8JQ

These financial statements were authorised for issue by the Board on 30 September 2021.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2019 - 4).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 30 September 2021 and signed on its behalf by:
 

.........................................
The Marquess of Aberdeen
Director

.........................................
Mr Federico Hermida
Director