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REGISTERED NUMBER: 08910555 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2024

FOR

KEMBLES ESTATES LIMITED

KEMBLES ESTATES LIMITED (REGISTERED NUMBER: 08910555)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KEMBLES ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2024







DIRECTOR: A R Chaudhary





REGISTERED OFFICE: 24 Nether Hall Road
Doncaster
South Yorkshire
DN1 2PW





REGISTERED NUMBER: 08910555 (England and Wales)





ACCOUNTANTS: Leesing Marrison Lee & Co
Chartered Certified Accountants
46 Main Street
Mexborough
South Yorkshire
S64 9DU

KEMBLES ESTATES LIMITED (REGISTERED NUMBER: 08910555)

BALANCE SHEET
31ST JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 104,256 13,985
Investments 5 15,211 37,970
119,467 51,955

CURRENT ASSETS
Stocks - 2,269
Debtors 6 267,091 275,711
Cash at bank and in hand 206,827 230,180
473,918 508,160
CREDITORS
Amounts falling due within one year 7 213,170 231,038
NET CURRENT ASSETS 260,748 277,122
TOTAL ASSETS LESS CURRENT
LIABILITIES

380,215

329,077

CREDITORS
Amounts falling due after more than one
year

8

(126,509

)

(89,167

)

PROVISIONS FOR LIABILITIES (5,343 ) (2,672 )
NET ASSETS 248,363 237,238

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 248,263 237,138
SHAREHOLDERS' FUNDS 248,363 237,238

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KEMBLES ESTATES LIMITED (REGISTERED NUMBER: 08910555)

BALANCE SHEET - continued
31ST JANUARY 2024


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 director and authorised for issue on 26th July 2024 and were signed by:





A R Chaudhary - Director


KEMBLES ESTATES LIMITED (REGISTERED NUMBER: 08910555)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024

1. STATUTORY INFORMATION

Kembles Estates 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

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% reducing balance
Fixtures and Fittings - 25% reducing balance
Computer Equipment - 33% reducing balance
Motor Vehicle - 25% reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

KEMBLES ESTATES LIMITED (REGISTERED NUMBER: 08910555)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st February 2023 23,004 - 27,872 50,876
Additions 455 101,079 5,463 106,997
Disposals - - (9,932 ) (9,932 )
At 31st January 2024 23,459 101,079 23,403 147,941
DEPRECIATION
At 1st February 2023 19,052 - 17,839 36,891
Charge for year 1,079 10,593 3,947 15,619
Eliminated on disposal - - (8,825 ) (8,825 )
At 31st January 2024 20,131 10,593 12,961 43,685
NET BOOK VALUE
At 31st January 2024 3,328 90,486 10,442 104,256
At 31st January 2023 3,952 - 10,033 13,985

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 101,079
At 31st January 2024 101,079
DEPRECIATION
Charge for year 10,593
At 31st January 2024 10,593
NET BOOK VALUE
At 31st January 2024 90,486

KEMBLES ESTATES LIMITED (REGISTERED NUMBER: 08910555)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st February 2023 37,970
Additions 10,000
Disposals (13,060 )
Revaluations (19,699 )
At 31st January 2024 15,211
NET BOOK VALUE
At 31st January 2024 15,211
At 31st January 2023 37,970

Cost or valuation at 31st January 2024 is represented by:

Other
investments
£   
Valuation in 2022 (8,432 )
Valuation in 2023 (11,070 )
Valuation in 2024 (19,699 )
Cost 54,412
15,211

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 4,532 2,655
Other debtors 262,559 273,056
267,091 275,711

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 6,928 -
Trade creditors 21,087 26,307
Taxation and social security 33,572 29,634
Other creditors 151,583 175,097
213,170 231,038

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 67,342 -
Other creditors 59,167 89,167
126,509 89,167

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £32,000 (2023 - £34,000) were paid to the director .

KEMBLES ESTATES LIMITED (REGISTERED NUMBER: 08910555)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

9. RELATED PARTY DISCLOSURES - continued

The director is also interested as director and shareholder in Kembles Holdings Limited. An amount of £261,574 (2023: £258,389) is due to the company and is included in Other Debtors.

The director is also interested as director and shareholder in Kembles Ventures Limited. There is no balance outstanding at the year end.(2023: £13,750 due to the company and included in Other Debtors).

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A R Chaudhary.