Kendall Design Limited - Period Ending 2016-11-30

Registration number: 09291383

Kendall Design Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2016

Houndiscombe Consultants Limited
T/A Condy Mathias Chartered Accountants
6 Houndiscombe Road
Plymouth
Devon
PL4 6HH

Kendall Design Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Financial Statements	4

Kendall Design Limited

Company Information

Directors

Mr Michael Roderick McInnis Herbert Mrs Ruth Alison Kendall

Registered office

Condy Mathias 6 Houndiscombe Road Plymouth Devon PL4 6HH

Accountants

Houndiscombe Consultants Limited T/A Condy Mathias Chartered Accountants 6 Houndiscombe Road Plymouth Devon PL4 6HH

Page 1

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Kendall Design Limited
for the Year Ended 30 November 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Kendall Design Limited for the year ended 30 November 2016 as set out on pages 3 to 4 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 in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Kendall Design Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Kendall Design Limited and state those matters that we have agreed to state to the Board of Directors of Kendall Design Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kendall Design Limited and its Board of Directors as a body for our work or for this report.

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

We have not been instructed to carry out an audit or a review of the accounts of Kendall Design 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 accounts.

......................................

Houndiscombe Consultants Limited
T/A Condy Mathias Chartered Accountants
6 Houndiscombe Road
Plymouth
Devon
PL4 6HH

11 August 2017

Page 2

Kendall Design Limited

(Registration number: 09291383)
Balance Sheet as at 30 November 2016

	Note	2016 £	2015 £
Current assets
Debtors	3	20,997	11,827
Cash at bank and in hand		2,359	4,124
		23,356	15,951
Creditors: Amounts falling due within one year	4	(7,216)	(11,873)
Net assets		16,140	4,078
Capital and reserves
Called up share capital		101	101
Profit and loss account		16,039	3,977
Total equity		16,140	4,078

For the financial year ending 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 10 August 2017 and signed on its behalf by:
 

.........................................

Mr Michael Roderick McInnis Herbert

Director

The notes on page 4 form an integral part of these financial statements.

Page 3

Kendall Design Limited

Notes to the Financial Statements for the Year Ended 30 November 2016

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Leases

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2015 - 1).

3

Debtors

	2016 £	2015 £
Other debtors	20,997	11,827
	20,997	11,827

4

Creditors

	Note	2016 £	2015 £
Due within one year
Trade creditors		-	240
Other creditors		7,216	11,633
		7,216	11,873

5	Related party transactions

During the year the company made advances of £30,117 (2015: £52,631) to Mrs R Kendall, a director. Dividends of £12,000 (2015: £35,000) were paid during the year and £9,565 (2015: £5,950) was repaid. Interest at HMRC's official rate of interest was charged on the amount standing of £617 (2015: £146). At the year end Mrs Kendall owed the company £20,996 (2015: £11,827). The outstanding balance is repayable on demand.

Page 4