Kingshill Management Services Limited Filleted accounts for Companies House (small and micro)

KINGSHILL MANAGEMENT SERVICES LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 04179410

Kingshill Management Services Limited

Filleted Unaudited Financial Statements

31 December 2021

Kingshill Management Services Limited

Financial Statements

Year ended 31 December 2021

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Kingshill Management Services Limited

Statement of Financial Position

31 December 2021

	2021		2020
Note	£	£	£

Current assets

Debtors	5	151		151

Creditors: amounts falling due within one year	6	350		350
		----		----
Net current liabilities			199	199
			----	----
Total assets less current liabilities			( 199)	( 199)
			----	----
Net liabilities			( 199)	( 199)
			----	----

Capital and reserves

Called up share capital	100	100
Capital redemption reserve	51	51
Profit and loss account	( 350)	( 350)
	----	----
Shareholder deficit	( 199)	( 199)
	----	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 30 December 2022 , and are signed on behalf of the board by:

Mr P S Anderson	Mr A R Crampton
Director	Director

Company registration number: 04179410

Kingshill Management Services Limited

Notes to the Financial Statements

Year ended 31 December 2021

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors have considered the basis of the preparation of the accounts and are satisfied that the accounts should be prepared on a going concern basis.

Income statement

The company is dormant as defined by section 1169 of the Companies Act 2006. The company incurred no significant transactions during the current year or prior year.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2020: 4).

5. Debtors

	2021	2020
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	151	151
	----	----

6. Creditors: amounts falling due within one year

	2021	2020
	£	£
Other creditors	350	350
	----	----

The company has a fixed charge over it's secured property by Lombard North Central PLC.

7. Related party transactions

At the year end the company was owed £151 (2020: £151) from a group company.

8. Controlling party

The company's immediate and ultimate parent company at the balance sheet date is Kings Hill Garage Limited, a company incorporated in England and Wales. Kings Hill Garage Limited's registered address is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN.