Kelpwood Limited - Period Ending 2020-12-31
Kelpwood Limited - Period Ending 2020-12-31
Registration number:
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Kelpwood Limited
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Kelpwood Limited
Director's Report for the Year Ended 31 December 2020
The director presents his report and the financial statements for the year ended 31 December 2020.
Director of the company
The director who held office during the year was as follows:
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved by the
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Director
Kelpwood Limited
Statement of Financial Position as at 31 December 2020
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2019 |
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' deficit |
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For the financial year ending 31 December 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved and authorised by the
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Director
Company registration number: 05139777
Kelpwood Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2020
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
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Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention and are presented in sterling, which is the functional currency of the entity.
Going concern
At 31 December 2019 the company had net liabilities amounting to £136,744. The company relies on the continued support of related undertakings to whom an amount of £136,745 was due at that date and who have confirmed that they will not call for repayment of amounts due to them until such time as the company has sufficient working capital. As a consequence, the directors believe that the company is well placed to manage its business risks successfully despite the current uncertain economic outlook.
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and the accounts.
Dormant status
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholder funds during the current year or prior year.
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Income statement |
The company did not trade during the year and has made neither a profit nor a loss. No income statement has therefore been prepared.
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Staff numbers |
The average number of persons employed by the company during the year, was
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Debtors |
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2019 |
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Other debtors |
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Kelpwood Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2020
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Creditors |
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2020 |
2019 |
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Due within one year |
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Other payables |
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