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REGISTERED NUMBER: 05610356 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Kendra Sinclair Limited

Kendra Sinclair Limited (Registered number: 05610356)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kendra Sinclair Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mr C Bailey
Miss C Grimes





SECRETARY: Mr C Bailey





REGISTERED OFFICE: C/O Evergreen
65 London Wall
London
EC2M 5TU





REGISTERED NUMBER: 05610356 (England and Wales)






Kendra Sinclair Limited (Registered number: 05610356)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 750 5,738

CURRENT ASSETS
Debtors 5 1,621,049 1,150,874
Cash at bank 76,941 583,182
1,697,990 1,734,056
CREDITORS
Amounts falling due within one year 6 122,786 121,703
NET CURRENT ASSETS 1,575,204 1,612,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,575,954

1,618,091

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,575,952 1,618,089
SHAREHOLDERS' FUNDS 1,575,954 1,618,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 Board of Directors and authorised for issue on 11 June 2025 and were signed on its behalf by:



Mr C Bailey - Director



Miss C Grimes - Director


Kendra Sinclair Limited (Registered number: 05610356)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Kendra Sinclair 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 net invoiced sales of services, excluding value added tax.

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 etc - 33% on cost and 25% on cost

Pension costs and other post-retirement benefits
The company contributes to a defined contribution pension scheme on behalf of its directors. Contributions
payable to the pension scheme are charged to the profit and loss account in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023
and 30 November 2024 30,354
DEPRECIATION
At 1 December 2023 24,616
Charge for year 4,988
At 30 November 2024 29,604
NET BOOK VALUE
At 30 November 2024 750
At 30 November 2023 5,738

Kendra Sinclair Limited (Registered number: 05610356)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 170,514 50,364
Directors' loan account 200,000 100,000
Loan debtor 1,250,000 1,000,000
Other debtors 535 510
1,621,049 1,150,874

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 387 386
Taxation and social security 122,399 121,317
122,786 121,703

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
Mr C Bailey
Balance outstanding at start of year 100,000 -
Amounts advanced - 100,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 100,000 100,000

Miss C Grimes
Balance outstanding at start of year - -
Amounts advanced 100,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 100,000 -

£100,000 was borrowed by Conan Bailey last year and the balance was still outstanding at the year end. Interest was charged on the loan at a rate of 2.25% per annum.

£100,000 was borrowed by Clare Grimes during the year and the balance was still outstanding at the year end. Interest was charged on the loan at a rate of 2.25% per annum.

8. RELATED PARTY DISCLOSURES

Last year, the Company lent £1,000,000 to Wyvern Griffin Investments Ltd, an associated Company. A market rate interest of £15,000 (2022: NIL) was charged on the outstanding loan.

During this year, an additional £250,000 was lent to Wyvern Griffin Investments Ltd, bringing the total loan to £1,250,000, with a market rate interest of £32,075 charged.