T H KENYON HOLDINGS LIMITED

Company Registration Number:
03204548 (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

T H KENYON HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

T H KENYON HOLDINGS LIMITED

Balance sheet

As at 31 December 2021


Notes

2021

2020


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,010,593 943,977
Investments: 4 1 1
Total fixed assets: 1,010,594 943,978
Current assets
Debtors:   10,176 138,856
Cash at bank and in hand: 871,248 940,579
Total current assets: 881,424 1,079,435
Creditors: amounts falling due within one year:   (6,778) (62,362)
Net current assets (liabilities): 874,646 1,017,073
Total assets less current liabilities: 1,885,240 1,961,051
Creditors: amounts falling due after more than one year:   0 (75,000)
Provision for liabilities: (62,441) (48,381)
Total net assets (liabilities): 1,822,799 1,837,670
Capital and reserves
Called up share capital: 50,000 50,000
Share premium account: 1,020 1,020
Profit and loss account: 1,771,779 1,786,650
Shareholders funds: 1,822,799 1,837,670

The notes form part of these financial statements

T H KENYON HOLDINGS LIMITED

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 18 August 2022
and signed on behalf of the board by:

Name: Richard Porch
Status: Director

The notes form part of these financial statements

T H KENYON HOLDINGS LIMITED

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

Rental income arises from residential property lettings and management services.Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be recognised reliably. Interest income is accrued on a time basis, by reference to the principal outstanding and the effective interest rate applicable.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases; - Office Equipment 30% straight line - Motor Vehicles 20% straight lineThe gain or loss arising on the disposal of an asset is determined as the difference between sale proceeds and the carrying value of the asset and is credited or charged to profit or loss.Investment property, held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit and loss.

Other accounting policies

The tax expense represents the sum of the tax currently payable and deferred tax.Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

T H KENYON HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 2 2

T H KENYON HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 958,742
Revaluations 74,000
At 31 December 2021 1,032,742
Depreciation
At 01 January 2021 14,765
Charge for year 7,384
At 31 December 2021 22,149
Net book value
At 31 December 2021 1,010,593
At 31 December 2020 943,977

T H KENYON HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Fixed investments

Other investments other than loans £1