Company Registration No. 12134151 (England and Wales)
Kingshills Estate Agents Ltd
Unaudited accounts
for the year ended 31 March 2022
Kingshills Estate Agents Ltd
Unaudited accounts
Contents
Kingshills Estate Agents Ltd
Company Information
for the year ended 31 March 2022
Directors
Stephen Paul Grace
Katie Louise Grace
Company Number
12134151 (England and Wales)
Registered Office
Loakes Place
30 High Street
High Wycombe
HP11 2AG
ENGLAND
Accountants
Total Tax Accountants
Loakes Place
30 High Street
High Wycombe
Bucks
HP11 2AG
Kingshills Estate Agents Ltd
Statement of financial position
as at 31 March 2022
Tangible assets
3,658
2,830
Cash at bank and in hand
274,327
237,635
Creditors: amounts falling due within one year
(170,172)
(114,871)
Net current assets
108,801
140,098
Total assets less current liabilities
112,459
142,928
Creditors: amounts falling due after more than one year
(36,720)
(43,700)
Called up share capital
101
101
Profit and loss account
75,638
99,127
Shareholders' funds
75,739
99,228
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2022 and were signed on its behalf by
Stephen Paul Grace
Director
Company Registration No. 12134151
Kingshills Estate Agents Ltd
Notes to the Accounts
for the year ended 31 March 2022
Kingshills Estate Agents Ltd is a private company, limited by shares, registered in England and Wales, registration number 12134151. The registered office is Loakes Place, 30 High Street, High Wycombe, HP11 2AG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Straight Line 20%
Computer equipment
Straight Line 20%
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2021
4,119
-
4,119
At 31 March 2022
4,473
1,712
6,185
At 1 April 2021
1,289
-
1,289
Charge for the year
895
343
1,238
At 31 March 2022
2,184
343
2,527
At 31 March 2022
2,289
1,369
3,658
At 31 March 2021
2,830
-
2,830
Amounts falling due within one year
Trade debtors
4,646
17,334
Kingshills Estate Agents Ltd
Notes to the Accounts
for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
4,000
8,342
Taxes and social security
27,894
23,100
Proposed dividends
71,000
-
Loans from directors
60,593
60,142
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 6 (2021: 2).
