Kalbarri House Limited - Accounts to registrar (filleted) - small 22.3
Kalbarri House Limited - Accounts to registrar (filleted) - small 22.3
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2022 |
FOR |
KALBARRI HOUSE LIMITED |
KALBARRI HOUSE LIMITED (REGISTERED NUMBER: 12067681) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
KALBARRI HOUSE LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 JUNE 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certifed Accountants |
Solar House |
282 Chase Road |
London |
N14 6NZ |
KALBARRI HOUSE LIMITED (REGISTERED NUMBER: 12067681) |
BALANCE SHEET |
30 JUNE 2022 |
30.6.22 | 30.6.21 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks | 4 |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
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 Board of Directors and authorised for issue on |
KALBARRI HOUSE LIMITED (REGISTERED NUMBER: 12067681) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2022 |
1. | STATUTORY INFORMATION |
Kalbarri House Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover, which excludes VAT, represents amounts received and receivable in respect of properties sold. Turnover and profit are recognised on house sales upon exchange of contract and build completion. Profit is recognised on land sales when contracts are exchanged and all material conditions are met. |
Stocks |
Land and buildings are stated at the lower of cost and net realisable value, based on its present condition. Property in the course of development is stated at the lower of direct cost and net realisable value. Direct cost comprises the cost of land and buildings, development and construction costs to date. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | STOCKS |
30.6.22 | 30.6.21 |
£ | £ |
Work-in-progress |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.22 | 30.6.21 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
VAT |
KALBARRI HOUSE LIMITED (REGISTERED NUMBER: 12067681) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2022 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.22 | 30.6.21 |
£ | £ |
Other loans (see note 7) |
Trade creditors |
Tax |
Other creditors |
Amounts due to related party | - | 167,000 |
Accrued expenses |
7. | LOANS |
An analysis of the maturity of loans is given below: |
30.6.22 | 30.6.21 |
£ | £ |
Amounts falling due within one year or on demand: |
Other loans |
8. | CALLED UP SHARE CAPITAL |
Allotted and issued: |
Number: | Class: | Nominal | 30.6.22 | 30.6.21 |
value: | £ | £ |
Share capital 1 | 1 | 100 | 100 |