KOENIG ENSEMBLE LIMITED - Period Ending 2021-03-31

KOENIG ENSEMBLE LIMITED

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

KOENIG ENSEMBLE LIMITED

Company Information

Director

Mr Jan Bertrand Latham-Koenig

Company secretary

Mr Andrew Waltham

Registered office

Hop Press Risebridge Farm Goudhurst Kent TN17 1HN

Accountants

Horden Accountancy Services Limited Hop Press Risebridge Farm Goudhurst Kent TN17 1HN

KOENIG ENSEMBLE LIMITED

(Registration number: 02245549)
Balance Sheet as at 31 March 2021

	Note	2021 £	2020 £
Current assets
Debtors	4	-	43,028
Cash at bank and in hand		27,906	80,295
		27,906	123,323
Creditors: Amounts falling due within one year	5	(39,772)	(67,866)
Net (liabilities)/assets		(11,866)	55,457
Capital and reserves
Called up share capital	6	100	100
Profit and loss account		(11,966)	55,357
Shareholders' (deficit)/funds		(11,866)	55,457

For the financial year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 31 December 2021
 

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

Mr Jan Bertrand Latham-Koenig
Director

KOENIG ENSEMBLE LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2021

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:
Hop Press
Risebridge Farm
Goudhurst
Kent
TN17 1HN
England

These financial statements were authorised for issue by the director on 31 December 2021.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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.

Revenue recognition

Turnover represents amounts chargeable in respect of the sale of services to customers.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

KOENIG ENSEMBLE LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2021

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2020 - 1).

4

Debtors

	2021 £	2020 £
Trade debtors	-	43,028
	-	43,028

KOENIG ENSEMBLE LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2021

5

Creditors

Creditors: amounts falling due within one year

	2021 £	2020 £
Due within one year
Trade creditors	32,504	50,597
Taxation and social security	596	596
Other creditors	6,672	16,673
	39,772	67,866

6	Share capital

Allotted, called up and fully paid shares

	2021		2020
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

7	Related party transactions

Directors' remuneration

The director's remuneration for the year was as follows:

	2021 £	2020 £
Remuneration	72,599	154,524