REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2021 |
FOR |
KENYAVEG LIMITED |
REGISTERED NUMBER: |
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: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
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 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks | 6 |
Debtors | 7 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
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 |
KENYAVEG LIMITED (REGISTERED NUMBER: 01840957) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 30th November 2021 |
1. | STATUTORY INFORMATION |
KENYAVEG LIMITED is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
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 |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
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 |
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 |
AMORTISATION |
At 1st December 2020 |
and 30th November 2021 |
NET BOOK VALUE |
At 30th November 2021 |
At 30th November 2020 |
5. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Motor | Computer |
machinery | fittings | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1st December 2020 |
Additions |
At 30th November 2021 |
DEPRECIATION |
At 1st December 2020 |
Charge for year |
At 30th November 2021 |
NET BOOK VALUE |
At 30th November 2021 |
At 30th November 2020 |
6. | STOCKS |
2021 | 2020 |
£ | £ |
Stocks |
7. | DEBTORS |
2021 | 2020 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
Other debtors |
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 |
Aggregate amounts |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
Directors' current accounts | 154 | 205 |
Accrued expenses |
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. |