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REGISTERED NUMBER: 07082740 (England and Wales)










KILKHAMPTON LODGE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






KILKHAMPTON LODGE LIMITED (REGISTERED NUMBER: 07082740)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


KILKHAMPTON LODGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: P H T McNeil
A R Rignall
Mrs S P Croarkin





REGISTERED OFFICE: Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB





REGISTERED NUMBER: 07082740 (England and Wales)





ACCOUNTANTS: Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB

KILKHAMPTON LODGE LIMITED (REGISTERED NUMBER: 07082740)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 615,711 614,639

CURRENT ASSETS
Debtors 5 39,059 38,871
Cash at bank and in hand 168,958 159,794
208,017 198,665
CREDITORS
Amounts falling due within one year 6 77,002 112,712
NET CURRENT ASSETS 131,015 85,953
TOTAL ASSETS LESS CURRENT
LIABILITIES

746,726

700,592

CREDITORS
Amounts falling due after more than one
year

7

(150,000

)

(150,000

)

PROVISIONS FOR LIABILITIES (15,357 ) (10,830 )
NET ASSETS 581,369 539,762

CAPITAL AND RESERVES
Called up share capital 9 150 150
Retained earnings 10 581,219 539,612
SHAREHOLDERS' FUNDS 581,369 539,762

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

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

The directors acknowledge their 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.

KILKHAMPTON LODGE LIMITED (REGISTERED NUMBER: 07082740)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2024 and were signed on its behalf by:




P H T McNeil - Director



Mrs S P Croarkin - Director


KILKHAMPTON LODGE LIMITED (REGISTERED NUMBER: 07082740)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Kilkhampton Lodge 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.

Turnover
Turnover represents total fees receivable in respect of services provided to service users.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - not provided
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
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 33 (2023 - 32 ) .

KILKHAMPTON LODGE LIMITED (REGISTERED NUMBER: 07082740)

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 523,726 207,771 94,544 25,284 851,325
Additions - 26,309 - - 26,309
At 31 March 2024 523,726 234,080 94,544 25,284 877,634
DEPRECIATION
At 1 April 2023 - 146,577 75,604 14,505 236,686
Charge for year - 13,070 9,472 2,695 25,237
At 31 March 2024 - 159,647 85,076 17,200 261,923
NET BOOK VALUE
At 31 March 2024 523,726 74,433 9,468 8,084 615,711
At 31 March 2023 523,726 61,194 18,940 10,779 614,639

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 39,059 38,871

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 23,317 29,927
Trade creditors 1,908 4,698
Tax 17,817 14,275
Social security and other taxes 16,410 15,892
Other creditors 2,020 1,840
Company credit card 7,195 6,646
Pension creditors 3,715 3,674
Directors' current accounts - 31,560
Accrued expenses 4,620 4,200
77,002 112,712

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other loans more 5yrs non-inst 150,000 150,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 150,000 150,000

KILKHAMPTON LODGE LIMITED (REGISTERED NUMBER: 07082740)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Hire purchase contracts 23,317 29,927

Fixed assets on hire purchase contracts are secured against the individual assets to which they relate.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
150 Ordinary 1 150 150

10. RESERVES
Retained
earnings
£   

At 1 April 2023 539,612
Profit for the year 71,607
Dividends (30,000 )
At 31 March 2024 581,219

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The amount owed to directors is £150,000 (2023:£150,000) of which £150,000 (2023:£181,560) is repayable after five years.The loans are interest free and with no fixed date of repayment.

12. ULTIMATE CONTROLLING PARTY

There in no single ultimate controlling party.