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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
Page
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KIN + ILK CAPITAL QUARTER LIMITED Company Information for the year ended 31 December 2021
Director
David Davies
Company Number
09732970 (England and Wales)
Registered Office
1 CAPITAL QUARTER TYNDALL STREET CARDIFF CF10 4BZ WALES
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KIN + ILK CAPITAL QUARTER LIMITED Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
46,434 
69,435 
Current assets
Inventories
11,413 
11,413 
Debtors
103,140 
20,225 
Cash at bank and in hand
80,519 
124,135 
195,072 
155,773 
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)
Capital and reserves
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
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KIN + ILK CAPITAL QUARTER LIMITED Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Going concern
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 
Depreciation
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 
Net book value
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 
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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 
£ 
£ 
VAT
2,227 
373 
Trade debtors
- 
5,319 
Amounts due from group undertakings etc.
100,000 
12,500 
Accrued income and prepayments
913 
2,033 
103,140 
20,225 
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 
Other creditors
119 
623 
Accruals
- 
(99)
503,747 
422,833 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
49,896 
44,167 
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).
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