ACCOUNTS - Final Accounts

KEEN MEADOWS (HOLDINGS) LIMITED - Company Information

Registered number: 03392885

KEEN MEADOWS (HOLDINGS) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2020


KEEN MEADOWS (HOLDINGS) LIMITED REGISTERED NUMBER:03392885

BALANCE SHEET

AS AT 30 NOVEMBER 2020

		2020		2019
Note		£		£

FIXED ASSETS
Investments	4		415,556		415,556
CURRENT ASSETS
Cash at bank and in hand		1,291		-
Creditors: amounts falling due within one year	5	(336,062)		(334,771)
NET CURRENT LIABILITIES			(334,771)		(334,771)
TOTAL ASSETS LESS CURRENT LIABILITIES			80,785		80,785

NET ASSETS			80,785		80,785

CAPITAL AND RESERVES
Called up share capital	6	2,700	2,700
Capital redemption reserve		300	300
Profit and loss account		77,785	77,785
		80,785	80,785

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 April 2021.

................................................

Mr S E Jones

Director

The notes on pages 2 to 3 form part of these financial statements.

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KEEN MEADOWS (HOLDINGS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2020

1.	General information

Keen Meadows (Holdings) Limited is a private company limited by shares, incorporated in England and Wales.
The registered number is 03392885.
The registered office is Henwood House, Henwood, Ashford, Kent, TN24 8DH.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements have been presented in UK Sterling pounds (£) and rounded to the nearest pound.

The following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 0 (2019 -0).

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KEEN MEADOWS (HOLDINGS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2020

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 December 2019	415,556
	At 30 November 2020	415,556

5.	Creditors: Amounts falling due within one year
		2020	2019
		£	£

Amounts owed to group undertakings	336,062	334,771
	336,062	334,771

6.	Share capital
		2020	2019
		£	£

Allotted, called up and fully paid

2,250 (2019 -2,250) A Ordinary shares of £1.00 each	2,250	2,250
150 (2019 -150) C Ordinary shares of £1.00 each	150	150
300 (2019 -300) D Ordinary shares of £1.00 each	300	300

	2,700	2,700

7.	Ultimate parent undertaking and controlling party

The ultimate parent company is Henwood Thirty Three Limited. The registered office of Henwood Thirty Three Limited is Henwood House, Henwood, Ashford, Kent, TN24 8DH.

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