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REGISTERED NUMBER: SC354416 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024

FOR

THE KENYAN BAR LTD

THE KENYAN BAR LTD (REGISTERED NUMBER: SC354416)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

THE KENYAN BAR LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29TH FEBRUARY 2024







DIRECTOR: Allan Crawford Masson





REGISTERED OFFICE: 41 Gallowhill Terrace
Fraserburgh
Aberdeenshire
AB43 9JX





REGISTERED NUMBER: SC354416 (Scotland)





ACCOUNTANTS: Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN

THE KENYAN BAR LTD (REGISTERED NUMBER: SC354416)

BALANCE SHEET
29TH FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 159,668 159,789

CURRENT ASSETS
Stocks 5,168 5,000
Cash at bank 55,975 37,929
61,143 42,929
CREDITORS
Amounts falling due within one year 5 74,104 83,965
NET CURRENT LIABILITIES (12,961 ) (41,036 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

146,707

118,753

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 146,705 118,751
SHAREHOLDERS' FUNDS 146,707 118,753

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5th September 2024 and were signed by:





Allan Crawford Masson - Director


THE KENYAN BAR LTD (REGISTERED NUMBER: SC354416)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024

1. STATUTORY INFORMATION

The Kenyan Bar Ltd is a private company, limited by shares , registered in Scotland. 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. 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.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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

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 - 5 ) .

THE KENYAN BAR LTD (REGISTERED NUMBER: SC354416)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st March 2023 158,508 2,678 2,889 278 164,353
Additions - 233 - - 233
Disposals - - (218 ) - (218 )
At 29th February 2024 158,508 2,911 2,671 278 164,368
DEPRECIATION
At 1st March 2023 - 1,721 2,572 271 4,564
Charge for year - 268 79 2 349
Eliminated on disposal - - (213 ) - (213 )
At 29th February 2024 - 1,989 2,438 273 4,700
NET BOOK VALUE
At 29th February 2024 158,508 922 233 5 159,668
At 28th February 2023 158,508 957 317 7 159,789

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,867 1,810
Corporation tax 7,072 8,991
Social security and other taxes 106 126
VAT 5,107 6,000
Other creditors 71 -
Director's current account 53,881 67,038
74,104 83,965

The loan from the director is interest free with no fixed terms of repayment.

THE KENYAN BAR LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
THE KENYAN BAR LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 29th February 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN


5th September 2024