1 April 2020 false No description of principal activity Taxfiler 2022.8.3 07203342business:PrivateLimitedCompanyLtd2020-04-012021-03-31 072033422020-03-31 072033422020-04-012021-03-31 07203342business:AuditExemptWithAccountantsReport2020-04-012021-03-31 07203342business:FullAccounts2020-04-012021-03-31 072033422021-03-31 07203342business:Director12020-04-012021-03-31 07203342business:RegisteredOffice2020-04-012021-03-31 072033422020-03-31 07203342core:WithinOneYear2021-03-31 07203342core:WithinOneYear2020-03-31 07203342core:AfterOneYear2021-03-31 07203342core:AfterOneYear2020-03-31 07203342core:ShareCapital2021-03-31 07203342core:ShareCapital2020-03-31 07203342core:RetainedEarningsAccumulatedLosses2021-03-31 07203342core:RetainedEarningsAccumulatedLosses2020-03-31 07203342business:SmallEntities2020-04-012021-03-31 07203342countries:EnglandWales2020-04-012021-03-31 07203342core:LandBuildings2020-03-31 07203342core:LandBuildings2021-03-31 072033422019-04-012020-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07203342 (England and Wales)
Kimson Engineering Limited Unaudited accounts for the year ended 31 March 2021
Kimson Engineering Limited Unaudited accounts Contents
Page
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Kimson Engineering Limited Company Information for the year ended 31 March 2021
Director
Kim Lorraine Woolley
Company Number
07203342 (England and Wales)
Registered Office
UNIT 2 CANALSIDE CLOSE WALSALL WS3 1NZ ENGLAND
Accountants
MBH Accounts Services Ltd 30 Lodge Road Brereton Rugeley Staffordshire WS15 1HG
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Kimson Engineering Limited Statement of financial position as at 31 March 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
183,017 
183,017 
Current assets
Debtors
59,156 
31,702 
Cash at bank and in hand
6,949 
2,260 
66,105 
33,962 
Creditors: amounts falling due within one year
(7,989)
(8,418)
Net current assets
58,116 
25,544 
Total assets less current liabilities
241,133 
208,561 
Creditors: amounts falling due after more than one year
(169,004)
(169,940)
Net assets
72,129 
38,621 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
72,029 
38,521 
Shareholders' funds
72,129 
38,621 
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 December 2021 and were signed on its behalf by
Kim Lorraine Woolley Director Company Registration No. 07203342
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Kimson Engineering Limited Notes to the Accounts for the year ended 31 March 2021
1
Statutory information
Kimson Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 07203342. The registered office is UNIT 2, CANALSIDE CLOSE, WALSALL, WS3 1NZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2020
183,017 
At 31 March 2021
183,017 
Depreciation
At 31 March 2021
- 
Net book value
At 31 March 2021
183,017 
At 31 March 2020
183,017 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
12,071 
12,071 
Debtors: amounts falling due after more than one year
Other debtors
47,085 
19,631 
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Kimson Engineering Limited Notes to the Accounts for the year ended 31 March 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Taxes and social security
7,918 
8,347 
Loans from directors
71 
71 
7,989 
8,418 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
142,775 
148,836 
Other creditors
1,732 
2,131 
Taxes and social security
23,822 
15,076 
Accruals
675 
3,897 
169,004 
169,940 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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