ACCOUNTS - Final Accounts

OLD KENSWORTH PROPERTY HOLDING COMPANY LIMITED - Company Information

Caseware UK (AP4) 2016.0.181 2016.0.181 2017-05-312017-05-31truetrueHolding company for a property development grouptrue2016-09-22 10390660 2016-09-21 10390660 2016-09-22 2017-05-31 10390660 2017-05-31 10390660 c:Director1 2016-09-22 2017-05-31 10390660 d:Non-currentFinancialInstruments 2017-05-31 10390660 d:ShareCapital 2017-05-31 10390660 c:OrdinaryShareClass1 2016-09-22 2017-05-31 10390660 c:OrdinaryShareClass1 2017-05-31 10390660 c:OrdinaryShareClass2 2016-09-22 2017-05-31 10390660 c:OrdinaryShareClass2 2017-05-31 10390660 c:OrdinaryShareClass3 2016-09-22 2017-05-31 10390660 c:OrdinaryShareClass3 2017-05-31 10390660 c:EntityHasNeverTraded 2016-09-22 2017-05-31 10390660 c:FRS102 2016-09-22 2017-05-31 10390660 c:AuditExempt-NoAccountantsReport 2016-09-22 2017-05-31 10390660 c:FullAccounts 2016-09-22 2017-05-31 10390660 c:PrivateLimitedCompanyLtd 2016-09-22 2017-05-31 10390660 d:Subsidiary1 2016-09-22 2017-05-31 10390660 d:Subsidiary1 1 2016-09-22 2017-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10390660

OLD KENSWORTH PROPERTY HOLDING COMPANY LIMITED

UNAUDITED

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2017

OLD KENSWORTH PROPERTY HOLDING COMPANY LIMITED

REGISTERED NUMBER: 10390660

BALANCE SHEET

AS AT 31 MAY 2017

		2017
Note		£

Fixed assets
Investments	5		649,999
			649,999
Current assets
Cash at bank and in hand		1
		1
Total assets less current liabilities			650,000

Net assets			650,000

Capital and reserves
Called up share capital			650,000
			650,000

For the period ended 31 May 2017 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 period 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 have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

D Berryman

Director

Date: 22 November 2017

The notes on pages 2 to 4 form part of these financial statements.

Page 1

OLD KENSWORTH PROPERTY HOLDING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2017

1.	General information

Old Kensworth Property Holding Company Limited is a limited Company incorporated in England and Wales. The address of the registered office is given on the Company information page. The nature of the Company's operations and its principal activities are disclosed in the Directors' Report.

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 following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.4

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates. There are no judgments made that have a significant effect on the amounts recognised in the financial statements.

Employees

The average monthly number of employees, including directors, during the period was 3.

Page 2

OLD KENSWORTH PROPERTY HOLDING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2017

5.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	Additions	649,999
	At 31 May 2017	649,999

	Net book value
	At 31 May 2017	649,999

Subsidiary undertakings
The following were subsidiary undertakings of the Company:
Name	Class of shares	Holding	Principal activity

Old Kensworth Property Company Limited

Ordinary

100%

Property Development

Page 3

OLD KENSWORTH PROPERTY HOLDING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2017

6.	Share capital
		2017
		£
	Shares classified as equity

		Allotted, called up and fully paid

		243,750 Ordinary A shares of £1 each	243,750
		243,750 Ordinary B shares of £1 each	243,750
		162,500 Ordinary C shares of £1 each	162,500

			650,000

Under a group re-organisation this company became the holding company of Old Kensworth Property Company Limited on 22 September 2016, as part of that re-organisation process, 650,000 shares were issued at par.

Page 4