Kensington Hotels Ltd. - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11190950 (England and Wales)

Unaudited Financial Statements

for the Period 6 February 2018 to 30 June 2019

for

Kensington Hotels Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Al-Katib

Ali Al-kateb

REGISTERED OFFICE:

336 Pinner Road

Harrow

Middlesex

United Kingdom

HA1 4LB

REGISTERED NUMBER:

11190950 (England and Wales)

ACCOUNTANTS:

Walji & Associates

336 Pinner Road

Harrow

HA1 4LB

FIXED ASSETS

Tangible assets

4

4,468

CURRENT ASSETS

Debtors

5

486,213

Cash at bank and in hand

159,942

646,155

CREDITORS

Amounts falling due within one year

6

406,068

NET CURRENT ASSETS

240,087

TOTAL ASSETS LESS CURRENT LIABILITIES

244,555

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

244,455

SHAREHOLDERS' FUNDS

244,555

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2019 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 on 30 October 2019 and were signed on its behalf by:

A Al-Katib - Director

1.	STATUTORY INFORMATION

Kensington Hotels Ltd. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

25% on reducing balance

Taxation

Taxation for the period 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 27 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

6,499

At 30 June 2019

6,499

DEPRECIATION

Charge for period

2,031

At 30 June 2019

2,031

NET BOOK VALUE

At 30 June 2019

4,468

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

119,663

Other debtors

366,550

486,213

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

65,434

Taxation and social security

188,618

Other creditors

152,016

406,068