KKR DETAILED FINISHINGS LTD

Company Registration Number:
11115952 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

KKR DETAILED FINISHINGS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

KKR DETAILED FINISHINGS LTD

Balance sheet

As at 31 December 2021


Notes

2021

2020


£

£
Fixed assets
Tangible assets: 3 6,406 5,056
Total fixed assets: 6,406 5,056
Current assets
Stocks:   2,500
Debtors:   17,029 3,165
Cash at bank and in hand: 1,028 600
Total current assets: 18,057 6,265
Creditors: amounts falling due within one year:   (5,738) (3,473)
Net current assets (liabilities): 12,319 2,792
Total assets less current liabilities: 18,725 7,848
Creditors: amounts falling due after more than one year:   (7,375) (7,500)
Total net assets (liabilities): 11,350 348
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 11,349 347
Shareholders funds: 11,350 348

The notes form part of these financial statements

KKR DETAILED FINISHINGS LTD

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 September 2022
and signed on behalf of the board by:

Name: Kathleen Rooney
Status: Director

The notes form part of these financial statements

KKR DETAILED FINISHINGS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

TurnoverTurnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.Sale of goodsTurnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.Rendering of servicesTurnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Other accounting policies

Accounting PoliciesBasis of Preparation of Financial StatementsThe financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

KKR DETAILED FINISHINGS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 1 1

KKR DETAILED FINISHINGS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 8,450
Additions 7,800
Disposals (4,000)
At 31 December 2021 12,250
Depreciation
At 01 January 2021 3,394
Charge for year 2,450
At 31 December 2021 5,844
Net book value
At 31 December 2021 6,406
At 31 December 2020 5,056