Company Registration No. 10593184 (England and Wales)
Kitchen in an Arch Ltd.
Unaudited accounts
for the year ended 28 February 2023
Kitchen in an Arch Ltd.
Unaudited accounts
Contents
Kitchen in an Arch Ltd.
Company Information
for the year ended 28 February 2023
Company Number
10593184 (England and Wales)
Registered Office
6 Whitehall Close
Borehamwood
Hertfordshire
WD6 1GL
United Kingdom
Accountants
K-VS Solutions
6 Whitehall Close
Borehamwood
WD6 1GL
Kitchen in an Arch Ltd.
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
14
2,473
Creditors: amounts falling due within one year
(57,177)
(106,446)
Net current liabilities
(57,163)
(96,420)
Total assets less current liabilities
(57,163)
(16,173)
Provisions for liabilities
Net liabilities
(57,163)
(31,420)
Called up share capital
100
100
Profit and loss account
(57,263)
(31,520)
Shareholders' funds
(57,163)
(31,420)
For the year ending 28 February 2023 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 21 October 2023 and were signed on its behalf by
C L Huang
Director
Company Registration No. 10593184
Kitchen in an Arch Ltd.
Notes to the Accounts
for the year ended 28 February 2023
Kitchen in an Arch Ltd. is a private company, limited by shares, registered in England and Wales, registration number 10593184. The registered office is 6 Whitehall Close, Borehamwood, Hertfordshire, WD6 1GL, United Kingdom.
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 and all amounts are rounded to the nearest £.
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:
Fixtures & fittings
15% on the reducing balance basis
The director is of the opinion that the company is a going concern for the foreseeable future, this being for a period of at least 12 months from the date on which the accounts have been approved. Shareholders' funds are negative only through amounts owed to companies under common control of the director/ shareholder or amounts otherwise guaranteed by the director personally.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
These accounts do not include a cash flow statement, because the company, as a small reporting entity, is exempt from the requirement to produce such a statement.
Kitchen in an Arch Ltd.
Notes to the Accounts
for the year ended 28 February 2023
4
Tangible fixed assets
Fixtures & fittings
At 28 February 2022
80,247
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
56,677
106,446
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
During the year, the parent company, Umezushi Ltd, made purchases on behalf of Kitchen In An Arch Ltd totaling £9,639 (2022: £22,990). At the year end, Kitchen In An Arch Ltd owed Umezushi Ltd £56,677 (2022: £106,446). The outstanding balance is payable on demand, interest free and not secured.
The company is controlled by its parent, Umezushi Ltd, registered office address Unit 3 Mirabel Street, Manchester, M3 1PJ.
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).