ACCOUNTS - Final Accounts

KRESTON UK LIMITED - Company Information

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Registered number: 05056761

KRESTON UK LIMITED

(A company limited by guarantee)

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

KRESTON UK LIMITED

(A company limited by guarantee)

COMPANY INFORMATION

DIRECTORS	D Cameron (resigned 18 August 2022)
	C Cotillard
	G Davidson (appointed 18 August 2022)
	G Ellis
	N Fright
	D Holt
	A Lavelle
	L Leighton
	P Nicol
	D O Gaora
	A Peal
	A Reynolds
	A Sandiford
	W Tilbury


REGISTERED NUMBER	05056761


REGISTERED OFFICE	Stratus House
	Emperor Way
	Exeter Business Park
	Exeter
	Devon
	EX1 3QS


ACCOUNTANTS	EQ Accountants LLP
	Chartered Accountants
	14 City Quay
	Dundee
	DD1 3JA

KRESTON UK LIMITED

(A company limited by guarantee)

CONTENTS

	Page
Directors' report	1
Accountants' report	2
Income statement	3
Statement of financial position	4
Notes to the financial statements	5

KRESTON UK LIMITED

(A company limited by guarantee)

DIRECTORS' REPORT

FOR THE YEAR ENDED 28 FEBRUARY 2023

The directors present their report and the financial statements for the year ended 28 February 2023.

DIRECTORS

The directors who served during the year were:

D Cameron (resigned 18 August 2022)

C Cotillard

G Davidson (appointed 18 August 2022)

G Ellis

N Fright

D Holt

A Lavelle

L Leighton

P Nicol

D O Gaora

A Peal

A Reynolds

A Sandiford

W Tilbury

SMALL COMPANIES NOTE

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 31 July 2023 and signed on its behalf.

G Davidson

Director

Page 1

KRESTON UK LIMITED

(A company limited by guarantee)

REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF KRESTON UK LIMITED
FOR THE YEAR ENDED 28 FEBRUARY 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kreston UK Limited for the year ended 28 February 2023 which comprise the Income statement, the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas -framework-preparation -of-accounts.

This report is made solely to the Board of directors of Kreston UK Limited, as a body, in accordance with the terms of our engagement letter dated 18 March 2008. Our work has been undertaken solely to prepare for your approval the financial statements of Kreston UK Limited and state those matters that we have agreed to state to the Board of directors of Kreston UK Limited, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://icas.com/icas -framework-preparation -of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kreston UK Limited and its Board of directors, as a body, for our work or for this report.

It is your duty to ensure that Kreston UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Kreston UK Limited. You consider that Kreston UK Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Kreston UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

EQ Accountants LLP

Chartered Accountants

14 City Quay

Dundee

DD1 3JA

31 July 2023

Page 2

KRESTON UK LIMITED

(A company limited by guarantee)

INCOME STATEMENT

FOR THE YEAR ENDED 28 FEBRUARY 2023

The Company has not traded during the year or the preceding financial year. During these periods, the Company received no income and incurred no expenditure and therefore made neither profit or loss.

Page 3

KRESTON UK LIMITED

(A company limited by guarantee)

REGISTERED NUMBER: 05056761

STATEMENT OF FINANCIAL POSITION

AS AT 28 FEBRUARY 2023

		2023		2022
		£		£



Creditors: amounts falling due within one year	(140)		(140)
Net current liabilities		(140)		(140)
Total assets less current liabilities		(140)		(140)

Net liabilities		(140)		(140)

Capital and reserves
Profit and loss account	(140)	(140)
	(140)	(140)

For the year ended 28 February 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 July 2023.

G Davidson

Director

The notes on page 5 form part of these financial statements.

Page 4

KRESTON UK LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

1.	GENERAL INFORMATION

Kreston UK Limited is a private company, limited by guarantee, domiciled in England with registration number 05056761.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

3.	CREDITORS: Amounts falling due within one year
		2023	2022
		£	£

Other creditors	140	140
	140	140


4.	COMPANY STATUS

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

Page 5