| Kitchenmaster (Holdings) Limited |
|
| Statement of Financial Position |
|
| 31 August 2021 |
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|
Notes |
|
2021 |
|
|
2020 |
| £ |
£ |
| Fixed assets |
| Investments |
|
3 |
|
- |
|
|
- |
|
|
|
|
|
|
|
|
|
|
| Net assets |
|
|
|
- |
|
|
- |
|
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100,000 |
|
|
100,000 |
| Profit and loss account |
|
|
|
(100,000) |
|
|
(100,000) |
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|
|
|
|
|
|
|
|
| Shareholders' funds |
|
|
|
- |
|
|
- |
|
|
|
|
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| These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. |
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| For the year ended 31 August 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
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| In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered. |
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| Directors' responsibilities: |
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| The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; |
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| The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. |
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| These financial statements were approved by the board of directors and authorised for issue on 11 February 2022, and are signed on behalf of the board by: |
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|
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| Mr C J Stanley |
| Director |
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| Company registration number: |
NI060150 |
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| Kitchenmaster (Holdings) Limited |
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| Notes to the Financial Statements |
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| Year ended 31 August 2021 |
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|
| 1 |
Accounting policies |
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Basis of preparation |
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The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. |
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The financial statements are prepared in sterling, which is the functional currency of the entity. |
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The company is part of a group which is exempt from the obligation to prepare and deliver group accounts. |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
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|
Average number of persons employed by the company |
- |
|
- |
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| 3 |
Investments |
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Investments in subsidiary undertakings |
| £ |
|
Cost |
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At 1 September 2020 |
- |
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|
|
|
|
|
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At 31 August 2021 |
- |
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During the year ended 31 August 2018 the investments in subsidiary undertakings were revalued downards to £NIL. The original cost of these investments was £1,189,432. |
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| 4 |
Security |
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Bank of Ireland hold a fixed and floating charge over the property or undertaking of the company. |
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| 5 |
Controlling party |
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The company is a wholly owned subsidiary of Kitchenmaster Group Limited, a company registered in Northern Ireland. The registered office address of Kitchenmaster Group Limited is 11 Comber Road, Carryduff, Belfast, BT8 8AN. |
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The ultimate controlling party of Kitchenmaster (Holdings) Limited is Cordovan Nominees One Limited by virture of their 42% shareholding in Kitchenmaster Group Limited. |
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Cordovan Nominees One Limited is a company registered in Northern Ireland. Its registered office address is PO Box 54, 54 Ulsterville Avenue, Belfast, United Kingdom, BT9 7AQ. |
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| 6 |
Other information |
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Kitchenmaster (Holdings) Limited is a private company limited by shares and incorporated in Northern Ireland. Its registered office is: |
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11 Comber Road |
|
Carryduff |
|
United Kingdom |
|
BT8 8AN |
