Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity00falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05701771 2023-01-01 2023-12-31 05701771 2023-12-31 05701771 2022-01-01 2022-12-31 05701771 2022-12-31 05701771 c:Director1 2023-01-01 2023-12-31 05701771 d:CurrentFinancialInstruments 2023-12-31 05701771 d:CurrentFinancialInstruments 2022-12-31 05701771 d:Non-currentFinancialInstruments 2023-12-31 05701771 d:Non-currentFinancialInstruments 2022-12-31 05701771 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 05701771 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 05701771 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 05701771 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 05701771 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 05701771 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 05701771 d:ShareCapital 2023-12-31 05701771 d:ShareCapital 2022-12-31 05701771 d:SharePremium 2023-12-31 05701771 d:SharePremium 2022-12-31 05701771 d:RetainedEarningsAccumulatedLosses 2023-12-31 05701771 d:RetainedEarningsAccumulatedLosses 2022-12-31 05701771 c:FRS102 2023-01-01 2023-12-31 05701771 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05701771 c:FullAccounts 2023-01-01 2023-12-31 05701771 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05701771 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 05701771







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


KEBBELL COUNTRY HOMES LIMITED






































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KEBBELL COUNTRY HOMES LIMITED
REGISTERED NUMBER:05701771



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
14,106,364
12,178,343

Debtors: amounts falling due within one year
 4 
253,610
179,777

Cash at bank and in hand
  
525,876
116,286

  
14,885,850
12,474,406

Creditors: amounts falling due within one year
 5 
(8,362,065)
(2,330,099)

Net current assets
  
 
 
6,523,785
 
 
10,144,307

Total assets less current liabilities
  
6,523,785
10,144,307

Creditors: amounts falling due after more than one year
 6 
-
(3,742,316)

  

Net assets
  
6,523,785
6,401,991


Capital and reserves
  

Called up share capital 
  
5,049,586
4,665,002

Share premium account
  
115,375
-

Profit and loss account
  
1,358,824
1,736,989

  
6,523,785
6,401,991


Page 1

 


KEBBELL COUNTRY HOMES LIMITED
REGISTERED NUMBER:05701771


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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: 




................................................
N R M Kebbell
Director

Date: 2 September 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


KEBBELL COUNTRY HOMES LIMITED
 


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

1.


General information

Kebbell Country Homes Limited is a private Company limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office and principal place of business 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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
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

 


KEBBELL COUNTRY HOMES LIMITED
 


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

2.Accounting policies (continued)

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees



The average monthly number of employees, excluding the directors, during the year was nil (2022 - nil)


4.


Debtors

2023
2022
£
£


Other debtors
30,005
2,460

Prepayments and accrued income
27,750
36,075

Deferred taxation
195,855
141,242

253,610
179,777



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
6,847,299
-

Trade creditors
825,652
2,239,229

Other creditors
546,584
-

Accruals and deferred income
142,530
90,870

8,362,065
2,330,099


Page 4

 


KEBBELL COUNTRY HOMES LIMITED
 


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

6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
-
3,742,316

-
3,742,316



7.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
6,847,299
-

Amounts falling due 1-2 years

Bank loans
-
3,742,316



6,847,299
3,742,316


 
Page 5