Kindertons Property Development Limited 05457117 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is other building completion and finishing. Digita Accounts Production Advanced 6.30.9574.0 true 05457117 2023-03-01 2024-02-29 05457117 2024-02-29 05457117 core:RetainedEarningsAccumulatedLosses 2024-02-29 05457117 core:ShareCapital 2024-02-29 05457117 core:CurrentFinancialInstruments 2024-02-29 05457117 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 05457117 core:OtherPropertyPlantEquipment 2024-02-29 05457117 bus:SmallEntities 2023-03-01 2024-02-29 05457117 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 05457117 bus:FilletedAccounts 2023-03-01 2024-02-29 05457117 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 05457117 bus:RegisteredOffice 2023-03-01 2024-02-29 05457117 bus:Director1 2023-03-01 2024-02-29 05457117 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 05457117 core:FurnitureFittings 2023-03-01 2024-02-29 05457117 core:OtherPropertyPlantEquipment 2023-03-01 2024-02-29 05457117 countries:EnglandWales 2023-03-01 2024-02-29 05457117 2023-02-28 05457117 core:OtherPropertyPlantEquipment 2023-02-28 05457117 2022-03-01 2023-02-28 05457117 2023-02-28 05457117 core:RetainedEarningsAccumulatedLosses 2023-02-28 05457117 core:ShareCapital 2023-02-28 05457117 core:CurrentFinancialInstruments 2023-02-28 05457117 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 05457117 core:OtherPropertyPlantEquipment 2023-02-28 iso4217:GBP xbrli:pure

Registration number: 05457117

Kindertons Property Development Limited

Unaudited Financial Statements

for the Year Ended 29 February 2024

 

Kindertons Property Development Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

Kindertons Property Development Limited

(Registration number: 05457117)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

315

420

Current assets

 

Stocks

989,644

1,601,244

Debtors

5

74,999

81,914

Cash at bank and in hand

 

128,363

158,282

 

1,193,006

1,841,440

Creditors: Amounts falling due within one year

6

(1,184,692)

(1,725,434)

Net current assets

 

8,314

116,006

Total assets less current liabilities

 

8,629

116,426

Provisions for liabilities

(60)

(80)

Net assets

 

8,569

116,346

Capital and reserves

 

Called up share capital

100

100

Retained earnings

8,469

116,246

Shareholders' funds

 

8,569

116,346

For the financial year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 November 2024
 

 

Kindertons Property Development Limited

(Registration number: 05457117)
Balance Sheet as at 29 February 2024

.........................................
Mr S Ellison
Director

 

Kindertons Property Development Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3 Verity Court
Middlewich
Cheshire
CW10 0GW

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Kindertons Property Development Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and Fittings

25% on reducing balance

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 March 2023

4,636

4,636

At 29 February 2024

4,636

4,636

Depreciation

At 1 March 2023

4,216

4,216

Charge for the year

105

105

At 29 February 2024

4,321

4,321

Carrying amount

At 29 February 2024

315

315

At 28 February 2023

420

420

5

Debtors

Current

2024
£

2023
£

Other debtors

74,999

81,914

 

74,999

81,914

 

Kindertons Property Development Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

5,188

10,226

Taxation and social security

253

-

Other creditors

1,179,251

1,715,208

1,184,692

1,725,434