Company Registration No. 09869757 (England and Wales)
KERNEL DESIGN LIMITED
Unaudited accounts
for the year ended 30 November 2022
KERNEL DESIGN LIMITED
Unaudited accounts
Contents
KERNEL DESIGN LIMITED
Company Information
for the year ended 30 November 2022
Director
Karl David LEGGETT
Company Number
09869757 (England and Wales)
Registered Office
47 HAYWORTH ROAD
SANDIACRE
NOTTINGHAM
NG10 5LL
ENGLAND
Accountants
Cramar Ltd
40 Brookhill Street
Stapleford
Nottingham
NG9 7BS
KERNEL DESIGN LIMITED
Statement of financial position
as at 30 November 2022
Tangible assets
1,383
1,268
Cash at bank and in hand
12,592
18,010
Creditors: amounts falling due within one year
(13,186)
(19,105)
Net current liabilities
(594)
(1,095)
Called up share capital
100
100
Profit and loss account
689
73
Shareholders' funds
789
173
For the year ending 30 November 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 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 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 and authorised for issue on 3 February 2023 and were signed on its behalf by
Karl David LEGGETT
Director
Company Registration No. 09869757
KERNEL DESIGN LIMITED
Notes to the Accounts
for the year ended 30 November 2022
KERNEL DESIGN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09869757. The registered office is 47 HAYWORTH ROAD, SANDIACRE, NOTTINGHAM, NG10 5LL, 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:
Plant & machinery
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2021
1,445
547
1,992
At 30 November 2022
1,445
1,008
2,453
At 1 December 2021
615
109
724
Charge for the year
166
180
346
At 30 November 2022
781
289
1,070
At 30 November 2022
664
719
1,383
At 30 November 2021
830
438
1,268
KERNEL DESIGN LIMITED
Notes to the Accounts
for the year ended 30 November 2022
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
1,493
3,127
Other creditors
11,693
15,978
6
Average number of employees
During the year the average number of employees was 2 (2021: 2).
