R Kime and Co Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 03076647 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2022

for

R KIME AND CO LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Debtors

6

486,572

486,572

CREDITORS

Amounts falling due within one year

7

306,103

306,103

NET CURRENT ASSETS

180,469

180,469

TOTAL ASSETS LESS CURRENT LIABILITIES

180,469

180,469

CAPITAL AND RESERVES

Called up share capital

8

65,214

65,214

Share premium

2,895

2,895

Retained earnings

112,360

112,360

SHAREHOLDERS' FUNDS

180,469

180,469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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.

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 26 July 2023 and were signed by:

Mr K Hayward - Director

1.	STATUTORY INFORMATION

R Kime and Co Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03076647

Registered office:

43 Wenlock Way

Leicester

Leicestershire

LE4 9HU

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Public Service Vehicles

-

Over periods of upto 15 years

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

5.	TANGIBLE FIXED ASSETS

Public

Service

Vehicles

£

COST

At 1 May 2021

and 30 April 2022

403,720

DEPRECIATION

At 1 May 2021

and 30 April 2022

403,720

NET BOOK VALUE

At 30 April 2022

-

At 30 April 2021

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

£

Trade debtors

365

365

Amounts owed by group undertakings

136,680

136,680

Amounts owed by participating interests

348,591

348,591

Other debtors

936

936

486,572

486,572

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

£

Bank loans and overdrafts

305,282

305,282

Trade creditors

1,103

1,103

Taxation and social security

(282

)

(282

)

306,103

306,103

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.22

30.4.21

value:

£

£

65,214

Ordinary

£1

65,214

65,214

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

At the year end date the company had an amount owing to a related company of £348,591. This amount was unchanged from the previous year.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Centrebus East Limited.