Company Registration No. 09732970 (England and Wales)
KIN + ILK CAPITAL QUARTER LIMITED
Unaudited accounts
for the year ended 31 December 2021
KIN + ILK CAPITAL QUARTER LIMITED
Unaudited accounts
Contents
KIN + ILK CAPITAL QUARTER LIMITED
Company Information
for the year ended 31 December 2021
Company Number
09732970 (England and Wales)
Registered Office
1 CAPITAL QUARTER
TYNDALL STREET
CARDIFF
CF10 4BZ
WALES
KIN + ILK CAPITAL QUARTER LIMITED
Statement of financial position
as at 31 December 2021
Tangible assets
46,434
69,435
Cash at bank and in hand
80,519
124,135
Creditors: amounts falling due within one year
(503,747)
(422,833)
Net current liabilities
(308,675)
(267,060)
Total assets less current liabilities
(262,241)
(197,625)
Creditors: amounts falling due after more than one year
(49,896)
(44,167)
Net liabilities
(312,137)
(241,792)
Called up share capital
1
1
Revaluation reserve
15,524
15,524
Profit and loss account
(327,662)
(257,317)
Shareholders' funds
(312,137)
(241,792)
For the year ending 31 December 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 his 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 5 September 2022 and were signed on its behalf by
David Davies
Director
Company Registration No. 09732970
KIN + ILK CAPITAL QUARTER LIMITED
Notes to the Accounts
for the year ended 31 December 2021
KIN + ILK CAPITAL QUARTER LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09732970. The registered office is 1 CAPITAL QUARTER, TYNDALL STREET, CARDIFF, CF10 4BZ, WALES.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
20% straight Line
Plant & machinery
20% straight Line
Fixtures & fittings
20% straight Line
Computer equipment
25% straight Line
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2021
90,645
14,594
67,657
3,511
176,407
Additions
-
4,875
-
-
4,875
At 31 December 2021
90,645
19,469
67,657
3,511
181,282
At 1 January 2021
37,972
8,171
58,807
2,022
106,972
Charge for the year
18,123
3,731
5,145
877
27,876
At 31 December 2021
56,095
11,902
63,952
2,899
134,848
At 31 December 2021
34,550
7,567
3,705
612
46,434
At 31 December 2020
52,673
6,423
8,850
1,489
69,435
KIN + ILK CAPITAL QUARTER LIMITED
Notes to the Accounts
for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021
2020
Amounts due from group undertakings etc.
100,000
12,500
Accrued income and prepayments
913
2,033
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
4,043
22,212
Trade creditors
12,384
4,617
Amounts owed to group undertakings and other participating interests
486,367
394,998
Taxes and social security
834
482
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).