KRC Developments Limited - Accounts to registrar (filleted) - small 18.2

KRC Developments Limited - Accounts to registrar (filleted) - small 18.2

KRC DEVELOPMENTS LIMITED - Company Information

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REGISTERED NUMBER: 07982294 (England and Wales)













KRC DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021





KRC DEVELOPMENTS LIMITED (REGISTERED NUMBER: 07982294)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


KRC DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2021







DIRECTOR: Mr C Idle



REGISTERED OFFICE: 531 Denby Dale Road West
Calder Grove
Wakefield
West Yorkshire
WF4 3ND



REGISTERED NUMBER: 07982294 (England and Wales)



ACCOUNTANTS: Harrison & Co
Chartered Accountants
531 Denby Dale Road West
Calder Grove
Wakefield
West Yorkshire
WF4 3ND



BANKERS: Santander
Bootle
Merseyside
L30 4GB
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KRC DEVELOPMENTS LIMITED (REGISTERED NUMBER: 07982294)

ABRIDGED BALANCE SHEET
31 MARCH 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Investments 4 20,000 20,000
Investment property 5 305,860 305,860
325,860 325,860

CURRENT ASSETS
Cash at bank 51 303

CREDITORS
Amounts falling due within one year 52,169 48,320
NET CURRENT LIABILITIES (52,118 ) (48,017 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
273,742
277,843

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 273,642 277,743
SHAREHOLDERS' FUNDS 273,742 277,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 March 2022 and were signed by:



Mr C Idle - Director


The notes form part of these financial statements

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KRC DEVELOPMENTS LIMITED (REGISTERED NUMBER: 07982294)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021

1. STATUTORY INFORMATION

KRC Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2020
and 31 March 2021 20,000
NET BOOK VALUE
At 31 March 2021 20,000
At 31 March 2020 20,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2020
and 31 March 2021 305,860
NET BOOK VALUE
At 31 March 2021 305,860
At 31 March 2020 305,860

6. ULTIMATE CONTROLLING PARTY



During the period, Mr C Idle, the director, together with members of his close family, controlled the company by virtue of a controlling interest in the issued share capital of the company.

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