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REGISTERED NUMBER: 01840957 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2021

FOR

KENYAVEG LIMITED

KENYAVEG LIMITED (REGISTERED NUMBER: 01840957)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th November 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KENYAVEG LIMITED

COMPANY INFORMATION
for the Year Ended 30th November 2021







DIRECTORS: Graham Hunt
Barbara Hunt





SECRETARY: Barbara Hunt





REGISTERED OFFICE: 222 Upper Richmond Road West
London
SW14 8AH





REGISTERED NUMBER: 01840957 (England and Wales)





ACCOUNTANTS: K S Goring & Co Chartered Accountants
222 Upper Richmond Road West
London
SW14 8AH

KENYAVEG LIMITED (REGISTERED NUMBER: 01840957)

BALANCE SHEET
30th November 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 657 2
658 3

CURRENT ASSETS
Stocks 6 5,482 5,508
Debtors 7 54,930 61,437
Cash at bank and in hand 215,780 199,984
276,192 266,929
CREDITORS
Amounts falling due within one year 8 107,512 110,720
NET CURRENT ASSETS 168,680 156,209
TOTAL ASSETS LESS CURRENT
LIABILITIES

169,338

156,212

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 168,838 155,712
SHAREHOLDERS' FUNDS 169,338 156,212

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th August 2022 and were signed on its behalf by:



Graham Hunt - Director


KENYAVEG LIMITED (REGISTERED NUMBER: 01840957)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th November 2021

1. STATUTORY INFORMATION

KENYAVEG LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1998, is being amortised evenly over its estimated useful life of six years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 4 years
Fixtures and fittings - 4 years
Motor vehicles - 4 years
Computer equipment - 33.33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
The company's workplace pension scheme for its employees is provided through automatic enrolment pension scheme in line with Government legislation.
Under the terms of this scheme, employees make pension contributions out of their salaries, and the company also makes additional contributions.
Contributions payable for the year are charged to the profit and loss account in the period to which they relate. Staff contribution are charged to wages and salaries and company contribution are charged to pension cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2020 - 8 ) .

KENYAVEG LIMITED (REGISTERED NUMBER: 01840957)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th November 2021

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st December 2020
and 30th November 2021 44,500
AMORTISATION
At 1st December 2020
and 30th November 2021 44,499
NET BOOK VALUE
At 30th November 2021 1
At 30th November 2020 1

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st December 2020 93,952 56,858 2,000 - 152,810
Additions - - - 982 982
At 30th November 2021 93,952 56,858 2,000 982 153,792
DEPRECIATION
At 1st December 2020 93,951 56,857 2,000 - 152,808
Charge for year - - - 327 327
At 30th November 2021 93,951 56,857 2,000 327 153,135
NET BOOK VALUE
At 30th November 2021 1 1 - 655 657
At 30th November 2020 1 1 - - 2

6. STOCKS
2021 2020
£    £   
Stocks 5,482 5,508

7. DEBTORS
2021 2020
£    £   
Amounts falling due within one year:
Trade debtors 15,218 16,433
Other debtors 39,162 41,854
54,380 58,287

KENYAVEG LIMITED (REGISTERED NUMBER: 01840957)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th November 2021

7. DEBTORS - continued
2021 2020
£    £   
Amounts falling due after more than one year:
Other debtors 550 3,150

Aggregate amounts 54,930 61,437

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 98,914 105,495
Tax 3,813 1,672
Social security and other taxes 2,371 1,998
Directors' current accounts 154 205
Accrued expenses 2,260 1,350
107,512 110,720

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £3,800 were paid to the directors .

As at 30th November 2021, the company owed £154 (2020: £205) to Mr G Hunt, a director and shareholder. This loan is interest free and repayable on demand.


10. ULTIMATE CONTROLLING PARTY

The directors are the ultimate controlling party.