Company Registration No. 10160051 (England and Wales)
KINGSDOWN RESIDENTIAL LTD
Unaudited accounts
for the year ended 31 May 2023
KINGSDOWN RESIDENTIAL LTD
Unaudited accounts
Contents
KINGSDOWN RESIDENTIAL LTD
Company Information
for the year ended 31 May 2023
Directors
J De Souza
D Zamojtuk
M Sweeney
Company Number
10160051 (England and Wales)
Registered Office
28 CENTRAL CHAMBERS
THE BROADWAY
LONDON
EALING
W5 2NR
ENGLAND
Accountants
AP Accountants LTD
Avon House
435 Stratford Road
Shirley
United Kingdom
B90 4AA
KINGSDOWN RESIDENTIAL LTD
Statement of financial position
as at 31 May 2023
Tangible assets
12,822
17,096
Cash at bank and in hand
63,175
75,691
Creditors: amounts falling due within one year
(248,263)
(234,691)
Net current liabilities
(13,470)
(43,799)
Net liabilities
(648)
(26,703)
Called up share capital
120
120
Share premium
15,000
15,000
Profit and loss account
(15,768)
(41,823)
Shareholders' funds
(648)
(26,703)
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 5 October 2023 and were signed on its behalf by
J De Souza
Director
Company Registration No. 10160051
KINGSDOWN RESIDENTIAL LTD
Notes to the Accounts
for the year ended 31 May 2023
KINGSDOWN RESIDENTIAL LTD is a private company, limited by shares, registered in England and Wales, registration number 10160051. The registered office is 28 CENTRAL CHAMBERS, THE BROADWAY, LONDON, EALING, W5 2NR, ENGLAND.
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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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
51,692
4,066
55,758
At 31 May 2023
51,692
4,066
55,758
At 1 June 2022
35,335
3,327
38,662
Charge for the year
4,089
185
4,274
At 31 May 2023
39,424
3,512
42,936
At 31 May 2023
12,268
554
12,822
At 31 May 2022
16,357
739
17,096
KINGSDOWN RESIDENTIAL LTD
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Other debtors
128,613
115,201
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
82,534
104,263
Taxes and social security
42,886
14,402
Other creditors
111,891
116,026
Loans from directors
9,957
-
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Average number of employees
During the year the average number of employees was 6 (2022: 4).