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REGISTERED NUMBER: 06524761 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

KINGSLEY PLASTICS MANAGEMENT COMPANY
LIMITED

KINGSLEY PLASTICS MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 06524761)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KINGSLEY PLASTICS MANAGEMENT COMPANY
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: Mr K G Down





SECRETARY: Mr I Pitts





REGISTERED OFFICE: The Airfield
Winkleigh
Devon
EX19 8DW





REGISTERED NUMBER: 06524761 (England and Wales)





ACCOUNTANTS: Casson Beckman
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

KINGSLEY PLASTICS MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 06524761)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Investments 5 252,500 252,500
252,500 252,500

CURRENT ASSETS
Cash at bank 1,931 1,931

CREDITORS
Amounts falling due within one year 6 72,887 72,197
NET CURRENT LIABILITIES (70,956 ) (70,266 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

181,544

182,234

CAPITAL AND RESERVES
Called up share capital 82 82
Capital redemption reserve 18 18
Retained earnings 181,444 182,134
SHAREHOLDERS' FUNDS 181,544 182,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KINGSLEY PLASTICS MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 06524761)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 July 2022 and were signed by:





Mr K G Down - Director


KINGSLEY PLASTICS MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 06524761)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022


1. STATUTORY INFORMATION

Kingsley Plastics Management Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Kingsley Plastics Management Company Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

KINGSLEY PLASTICS MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 06524761)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021
and 31 March 2022 54,105
AMORTISATION
At 1 April 2021
and 31 March 2022 54,105
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 -

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2021
and 31 March 2022 252,500
NET BOOK VALUE
At 31 March 2022 252,500
At 31 March 2021 252,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed to group undertakings 72,887 72,197

7. SECURED DEBTS

There is a fixed and floating charge over the undertaking and all assets present including goodwill.