IRIS Accounts Production v22.1.4.3 07053699 Board of Directors 1.11.20 31.10.21 31.10.21 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure070536992020-10-31070536992021-10-31070536992020-11-012021-10-31070536992019-10-31070536992019-11-012020-10-31070536992020-10-3107053699ns16:EnglandWales2020-11-012021-10-3107053699ns15:PoundSterling2020-11-012021-10-3107053699ns11:Director12020-11-012021-10-3107053699ns11:PrivateLimitedCompanyLtd2020-11-012021-10-3107053699ns11:SmallEntities2020-11-012021-10-3107053699ns11:AuditExempt-NoAccountantsReport2020-11-012021-10-3107053699ns11:SmallCompaniesRegimeForDirectorsReport2020-11-012021-10-3107053699ns11:SmallCompaniesRegimeForAccounts2020-11-012021-10-3107053699ns11:FullAccounts2020-11-012021-10-3107053699ns11:OrdinaryShareClass12020-11-012021-10-3107053699ns11:Director22020-11-012021-10-3107053699ns11:RegisteredOffice2020-11-012021-10-3107053699ns6:CurrentFinancialInstruments2021-10-3107053699ns6:CurrentFinancialInstruments2020-10-3107053699ns6:Non-currentFinancialInstruments2021-10-3107053699ns6:Non-currentFinancialInstruments2020-10-3107053699ns6:ShareCapital2021-10-3107053699ns6:ShareCapital2020-10-3107053699ns6:RetainedEarningsAccumulatedLosses2021-10-3107053699ns6:RetainedEarningsAccumulatedLosses2020-10-3107053699ns6:PlantMachinery2020-11-012021-10-3107053699ns6:FurnitureFittings2020-11-012021-10-3107053699ns6:PlantMachinery2020-10-3107053699ns6:FurnitureFittings2020-10-3107053699ns6:PlantMachinery2021-10-3107053699ns6:FurnitureFittings2021-10-3107053699ns6:PlantMachinery2020-10-3107053699ns6:FurnitureFittings2020-10-3107053699ns6:DeferredTaxation2020-10-3107053699ns6:DeferredTaxation2021-10-3107053699ns11:OrdinaryShareClass12021-10-31
REGISTERED NUMBER: 07053699 (England and Wales)


















KAYEBURN LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2021






KAYEBURN LTD (REGISTERED NUMBER: 07053699)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KAYEBURN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2021







DIRECTORS: S I Burnell
J M Burnell





REGISTERED OFFICE: Exchange Building
16 St Cuthberts Street
Bedford
Bedfordshire
MK40 3JG





REGISTERED NUMBER: 07053699 (England and Wales)





ACCOUNTANTS: Keens Shay Keens Limited
Chartered Accountants
First Floor
3 Doolittle Yard
Froghall Road
Ampthill
Bedfordshire
MK45 2NW

KAYEBURN LTD (REGISTERED NUMBER: 07053699)

BALANCE SHEET
31 OCTOBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 626 835

CURRENT ASSETS
Cash at bank 16,028 34,973

CREDITORS
Amounts falling due within one year 6 14,599 15,115
NET CURRENT ASSETS 1,429 19,858
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,055

20,693

CREDITORS
Amounts falling due after more than one
year

7

(17,863

)

(25,000

)

PROVISIONS FOR LIABILITIES 8 (120 ) (159 )
NET LIABILITIES (15,928 ) (4,466 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (16,028 ) (4,566 )
SHAREHOLDERS' FUNDS (15,928 ) (4,466 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

KAYEBURN LTD (REGISTERED NUMBER: 07053699)

BALANCE SHEET - continued
31 OCTOBER 2021


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2022 and were signed on its behalf by:





S I Burnell - Director


KAYEBURN LTD (REGISTERED NUMBER: 07053699)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2021


1. STATUTORY INFORMATION

Kayeburn Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

During the year, the global health crisis caused by Coronavirus (COVID-19) has had a significant impact on all businesses. The directors have assessed the potential impact of this uncertain situation on the Company and have put in contingency plans in order to mitigate the negative effects of any period of interrupted trading, which will enable the Company to continue as a going concern.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Office equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Bounce back loan scheme
The Bounce Back Loan Scheme (BBLS) enables smaller businesses to access finance more quickly during the coronavirus outbreak. The scheme helps small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover. The maximum loan available is £50,000. The government guarantees 100% of the loan and there are no fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% a year.

KAYEBURN LTD (REGISTERED NUMBER: 07053699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2021


3. ACCOUNTING POLICIES - continued

Coronavirus job rentention scheme
The Coronavirus Job Retention Scheme (CJRS) is a government wage support measure. It is designed to protect jobs in the wake of the economic impacts of the COVID-19 pandemic, and to support employers to continue paying wages. The CJRS allows employers to reclaim up to 80% of the wage costs of 'furloughed employees,' being those directly impacted by the pandemic, up to a cap of £2,500 per month per employee.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

5. TANGIBLE FIXED ASSETS
Plant and Office
machinery equipment Totals
£    £    £   
COST
At 1 November 2020
and 31 October 2021 175 2,012 2,187
DEPRECIATION
At 1 November 2020 121 1,231 1,352
Charge for year 14 195 209
At 31 October 2021 135 1,426 1,561
NET BOOK VALUE
At 31 October 2021 40 586 626
At 31 October 2020 54 781 835

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Corporation tax (2,703 ) 5,708
Social security and other taxes 315 107
Bounceback Loan 5,054 -
Director's loan account 11,177 8,543
Accrued expenses 756 757
14,599 15,115

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Bounceback Loan 17,863 25,000

8. PROVISIONS FOR LIABILITIES
2021 2020
£    £   
Deferred tax 120 159

KAYEBURN LTD (REGISTERED NUMBER: 07053699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2021


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 November 2020 159
Capital allowances in excess (39 )
of depreciation
Balance at 31 October 2021 120

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

Within creditors is an amount of £11,177 (2020: £8,543) due from the company to S I Burnell, director. No
interest has been charged on this balance during the year (2020: £Nil) and there are no set repayment terms.