Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2022-06-01falseNo description of principal activity55true 02376427 2022-06-01 2023-05-31 02376427 2021-06-01 2022-05-31 02376427 2023-05-31 02376427 2022-05-31 02376427 c:CompanySecretary1 2022-06-01 2023-05-31 02376427 c:Director1 2022-06-01 2023-05-31 02376427 c:Director2 2022-06-01 2023-05-31 02376427 c:RegisteredOffice 2022-06-01 2023-05-31 02376427 d:MotorVehicles 2022-06-01 2023-05-31 02376427 d:MotorVehicles 2023-05-31 02376427 d:MotorVehicles 2022-05-31 02376427 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 02376427 d:OfficeEquipment 2022-06-01 2023-05-31 02376427 d:OfficeEquipment 2023-05-31 02376427 d:OfficeEquipment 2022-05-31 02376427 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 02376427 d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 02376427 d:CurrentFinancialInstruments 2023-05-31 02376427 d:CurrentFinancialInstruments 2022-05-31 02376427 d:Non-currentFinancialInstruments 2023-05-31 02376427 d:Non-currentFinancialInstruments 2022-05-31 02376427 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 02376427 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 02376427 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 02376427 d:Non-currentFinancialInstruments d:AfterOneYear 2022-05-31 02376427 d:ShareCapital 2023-05-31 02376427 d:ShareCapital 2022-05-31 02376427 d:RetainedEarningsAccumulatedLosses 2023-05-31 02376427 d:RetainedEarningsAccumulatedLosses 2022-05-31 02376427 c:FRS102 2022-06-01 2023-05-31 02376427 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 02376427 c:FullAccounts 2022-06-01 2023-05-31 02376427 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 02376427 6 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure
Company registration number: 02376427







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2023


KENTMERE HOMES LIMITED






































                        

 


KENTMERE HOMES LIMITED
 


 
COMPANY INFORMATION


Directors
C R Roberts 
N G Roberts 




Company secretary
C R Roberts



Registered number
02376427



Registered office
Lynton House
7-12 Tavistock Square

London

WC1H 9LT




Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


KENTMERE HOMES LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


KENTMERE HOMES LIMITED
REGISTERED NUMBER:02376427



STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
11,238
14,928

Investments
 5 
1
1

  
11,239
14,929

Current assets
  

Stocks
  
-
1,200

Debtors: amounts falling due within one year
 6 
361,360
563,572

Cash at bank and in hand
  
132,513
123,050

  
493,873
687,822

Creditors: amounts falling due within one year
 7 
(73,523)
(129,190)

Net current assets
  
 
 
420,350
 
 
558,632

Total assets less current liabilities
  
431,589
573,561

Creditors: amounts falling due after more than one year
  
(20,582)
-

  

Net assets
  
411,007
573,561


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
410,907
573,461

  
411,007
573,561


Page 1

 


KENTMERE HOMES LIMITED
REGISTERED NUMBER:02376427


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2023

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


C R Roberts
Director
Date: 19 February 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


KENTMERE HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Kentmere Homes Limited is a private company limited by shares, registered in England and Wales under the Companies Act 2006. The address of the registered office is disclosed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3

 


KENTMERE HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance
Office equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

  
2.7

Work in progress

Work in progress is valued on the basis of direct costs incurred. No element of profit is included in the valuation of work in progress.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2022 - 5).

Page 4

 


KENTMERE HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 June 2022
17,999
3,689
21,688


Additions
-
318
318


Disposals
-
(2,247)
(2,247)



At 31 May 2023

17,999
1,760
19,759



Depreciation


At 1 June 2022
4,501
2,259
6,760


Charge for the year on owned assets
3,375
284
3,659


Disposals
-
(1,898)
(1,898)



At 31 May 2023

7,876
645
8,521



Net book value



At 31 May 2023
10,123
1,115
11,238



At 31 May 2022
13,498
1,430
14,928


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 June 2022
1



At 31 May 2023
1




Page 5

 


KENTMERE HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
224,281
475,191

Amounts owed by joint ventures and associated undertakings
4,208
4,208

Other debtors
132,871
25,539

Prepayments and accrued income
-
1,759

Deferred taxation
-
56,875

361,360
563,572



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
9,993
40,279

Trade creditors
1,567
43,665

Other taxation and social security
5,204
619

Other creditors
44,884
32,752

Accruals and deferred income
11,875
11,875

73,523
129,190



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
20,582
-

20,582
-


 
Page 6