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Registered number: 12666546
Kennicott Place Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
One Six O Limited t/a Wychbury Lee
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12666546
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,350,081
- 1,350,081
CURRENT ASSETS
Stocks 5 1,350,081 -
Debtors 6 15,635 50,552
Cash at bank and in hand 38,072 34,985
1,403,788 85,537
Creditors: Amounts Falling Due Within One Year 7 (1,605,505 ) (1,669,826 )
NET CURRENT ASSETS (LIABILITIES) (201,717 ) (1,584,289 )
TOTAL ASSETS LESS CURRENT LIABILITIES (201,717 ) (234,208 )
NET LIABILITIES (201,717 ) (234,208 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (201,719 ) (234,210 )
SHAREHOLDERS' FUNDS (201,717) (234,208)
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Robert Ash
Director
03/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kennicott Place Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12666546 . The registered office is Lower Bramble Farm, Chudleigh, Newton Abbot, TQ13 0DU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Investment Properties
£
Cost
As at 1 April 2024 1,350,081
Transfers (1,350,081 )
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 1,350,081
5. Stocks
2025 2024
£ £
Stock 1,350,081 -
Page 3
Page 4
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 552
Amounts owed by group undertakings 15,635 -
Amounts owed by participating interests - 50,000
15,635 50,552
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 19
Bank loans and overdrafts 1,510,800 1,518,117
Amounts owed to group undertakings 92,941 88,352
Amounts owed to participating interests - 2,681
Other creditors 1,764 60,657
1,605,505 1,669,826
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4