Registration number:
Kendal Court(Management)(No.2) Limited
for the
Year Ended 28 February 2025
Kendal Court(Management)(No.2) Limited
Contents
of The Financial Statements
for the
Year Ended 28 February 2025
|
Company Information |
|
|
Accountants' Report |
|
|
Balance Sheet |
|
|
Notes to the Unaudited Financial Statements |
Kendal Court(Management)(No.2) Limited
Company Information
for the
Year Ended 28 February 2025
|
Directors |
Mr Derek Malcolm Rona Mr Robert David Rona |
|
Registered office |
|
|
Accountants |
|
Chartered
Certified
Accountants' Report to the
Board of Directors
on the Preparation of the Unaudited Statutory Accounts of
Kendal Court(Management)(No.2) Limited
for the
Year
Ended
28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kendal Court(Management)(No.2) Limited for the year ended 28 February 2025 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/discover/public-value/rulebook.html.
This report is made solely to the Board of Directors of Kendal Court(Management)(No.2) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Kendal Court(Management)(No.2) Limited and state those matters that we have agreed to state to the Board of Directors of Kendal Court(Management)(No.2) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kendal Court(Management)(No.2) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Kendal Court(Management)(No.2) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Kendal Court(Management)(No.2) Limited. You consider that Kendal Court(Management)(No.2) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Kendal Court(Management)(No.2) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Chartered
Certified
Accountants' Report to the
Board of Directors
on the Preparation of the Unaudited Statutory Accounts of
Kendal Court(Management)(No.2) Limited
for the
Year
Ended
28 February 2025
......................................
Chartered Certified Accountants
Shoeburyness
Essex
SS3 9QE
Kendal Court(Management)(No.2) Limited
(Registration number:
03161702
)
Balance Sheet
as at
28 February 2025
|
Note |
2025 |
2024 |
|
|
Fixed assets |
|||
|
Tangible assets |
|
|
|
|
Current assets |
|||
|
Debtors |
|
|
|
|
Creditors: Amounts falling due within one year |
( |
( |
|
|
Net current assets |
|
|
|
|
Net assets |
|
|
|
|
Capital and reserves |
|||
|
Called up share capital |
5 |
5 |
|
|
Capital redemption reserve |
3,395 |
6,331 |
|
|
Shareholders' funds |
3,400 |
6,336 |
For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
|
• |
|
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
Kendal Court(Management)(No.2) Limited
(Registration number:
03161702
)
Balance Sheet
as at
28 February 2025
|
......................................... |
|
......................................... |
Kendal Court(Management)(No.2) Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
|
General information |
The company is a private company limited by share capital, incorporated in England and Wales .
The address of its registered office is:
England
These financial statements were authorised for issue by the
|
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.
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:
Kendal Court(Management)(No.2) Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
|
2 |
Accounting policies (continued) |
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
|
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Kendal Court(Management)(No.2) Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
|
Tangible assets |
|
Land and buildings |
Total |
|
|
Cost or valuation |
||
|
At 1 March 2024 |
|
|
|
At 28 February 2025 |
|
|
|
Depreciation |
||
|
Carrying amount |
||
|
At 28 February 2025 |
|
|
|
At 29 February 2024 |
|
|
Included within the net book value of land and buildings above is £1,938 (2024 - £1,938) in respect of freehold land and buildings.
|
Debtors |
|
Current |
2025 |
2024 |
|
Trade debtors |
|
|
|
Other debtors |
|
|
|
|
|