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REGISTERED NUMBER: 12908047 (England and Wales)


















AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

INGREBOURNE KEMPS LIMITED

INGREBOURNE KEMPS LIMITED (REGISTERED NUMBER: 12908047)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INGREBOURNE KEMPS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: A S Clark
R G Pryor
C J Pryor
P R Scott
K S Benge



REGISTERED OFFICE: Cecil House
Foster Street
Harlow
Essex
CM17 9HY



REGISTERED NUMBER: 12908047 (England and Wales)



SENIOR STATUTORY AUDITOR: Andrew Green LLB FCA



AUDITORS: THP Limited
Chartered Accountants
and Statutory Auditors
34-40 High Street
Wanstead
London
E11 2RJ

INGREBOURNE KEMPS LIMITED (REGISTERED NUMBER: 12908047)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 4,764,975 4,764,975

CURRENT ASSETS
Debtors 6 12,037 254,377
Cash at bank 500 8,164
12,537 262,541
CREDITORS
Amounts falling due within one year 7 278 4,864,258
NET CURRENT ASSETS/(LIABILITIES) 12,259 (4,601,717 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,777,234

163,258

CREDITORS
Amounts falling due after more than one year 8 4,703,965 -
NET ASSETS 73,269 163,258

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 73,268 163,257
73,269 163,258

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 5 March 2024 and were signed on its behalf by:




A S Clark - Director



K S Benge - Director


INGREBOURNE KEMPS LIMITED (REGISTERED NUMBER: 12908047)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Ingrebourne Kemps 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. 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.

The Company is part of a very profitable Group and continues to rely on the support of it's immediate parent Company. In light of this, the Directors have prepared these accounts on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rental income is recognised on a receivable basis.

Revenue in relation to the promotion agreement is recognised when the company has the legal and contractual rights to the income.

Tangible fixed assets
Freehold land represents land assets from which the company carries out its principal activities and is included at fair value, measured on an open market basis.

Freehold land is not depreciated.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

INGREBOURNE KEMPS LIMITED (REGISTERED NUMBER: 12908047)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


5. TANGIBLE FIXED ASSETS
Freehold
land
£   
COST
At 1 July 2022
and 30 June 2023 4,764,975
NET BOOK VALUE
At 30 June 2023 4,764,975
At 30 June 2022 4,764,975

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 250,000
VAT 4,669 4,377
Prepayments and accrued income 7,368 -
12,037 254,377

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 15 15
Amounts owed to group undertakings - 4,864,243
Accruals 263 -
278 4,864,258

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 4,703,965 -

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Green LLB FCA (Senior Statutory Auditor)
for and on behalf of THP Limited

10. RELATED PARTY DISCLOSURES

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.

11. ULTIMATE CONTROLLING PARTY

The ultimate parent company that draws up consolidated accounts is Ingrebourne Valley Holdings Limited, whose registered office and place of business is the same as Ingrebourne Valley Limited. Copies of the consolidated accounts are available at Companies House.

There is no overall controlling party.