KN Estates Limited,Ltd - AccountsLtd - Accounts

KN Estates Limited,Ltd - AccountsLtd - Accounts

KN ESTATES LIMITED - Company Information

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2017-05-01 08474193 2018-04-30 08474193 2017-05-01 2018-04-30 08474193 2017-04-30 08474193 2016-05-01 2017-04-30 08474193 uk-core:WithinOneYear 2017-04-30 08474193 uk-core:WithinOneYear 2018-04-30 08474193 uk-core:AfterOneYear 2017-04-30 08474193 uk-core:AfterOneYear 2018-04-30 08474193 uk-core:ShareCapital 2018-04-30 08474193 uk-core:ShareCapital 2017-04-30 08474193 uk-core:RetainedEarningsAccumulatedLosses 2018-04-30 08474193 uk-core:RetainedEarningsAccumulatedLosses 2017-04-30 08474193 uk-bus:Director1 2017-05-01 2018-04-30 08474193 uk-core:FurnitureFittings 2017-04-30 08474193 uk-core:Buildings 2017-04-30 08474193 uk-core:Buildings 2018-04-30 08474193 uk-core:FurnitureFittings 2018-04-30 08474193 uk-core:FurnitureFittings 2017-05-01 2018-04-30 08474193 uk-core:Buildings 2017-05-01 2018-04-30 iso4217:GBP 08474193 uk-bus:AuditExemptWithAccountantsReport 2017-05-01 2018-04-30 08474193 uk-bus:FRS102 2017-05-01 2018-04-30 08474193 uk-bus:FullAccounts 2017-05-01 2018-04-30 08474193 uk-bus:PrivateLimitedCompanyLtd 2017-05-01 2018-04-30
KN Estates Limited
Registered Number:08474193
For the year ended 30 April 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2018
KN Estates Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 April 2018
KN Estates Limited
Statement of Financial Position
Registered Number :
08474193
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
570,475
573,400
2
570,475
573,400
Current assets
4,412
Cash and cash equivalents
3,933
3,933
4,412
Trade and other payables: amounts falling due within one
year
(201,850)
(200,509)
3
(197,438)
(196,576)
Net current liabilities
Total assets less current liabilities
373,899
375,962
Trade and other payables: amounts falling due after more
than one year
(325,160)
(302,221)
4
71,678
Net assets
50,802
Capital and reserves
Called up share capital
1
1
Retained earnings
71,677
50,801
71,678
50,802
Shareholders' funds
For the year ended 30 April 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Lewis Oates Director
These financial statements were approved and authorised for issue by the Board on 19 December 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 April 2018
KN Estates Limited
Notes to the Financial Statements
Statutory Information
KN Estates Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08474193.
Registered address:
5 Edinburgh Place
Harlow
Essex
CM20 2DJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. Property, plant and equipment
Total
Plant and
machinery
Land and
buildings
£
£
£
Cost or
valuation
At 01 May 2017
579,250
29,250
550,000
At 30 April 2018
550,000
29,250
579,250
Provision for depreciation and impairment
At 01 May 2017
5,850
5,850
-
Charge for year
2,925
2,925
-
At 30 April 2018
8,775
8,775
-
At 30 April 2018
Net book value
550,000
20,475
570,475
At 30 April 2017
550,000
23,400
573,400
2 of 3
5
For the year ended 30 April 2018
KN Estates Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Trade creditors
(1)
(1)
Taxation and social security
9,970
8,096
Other creditors
190,540
193,755
200,509
201,850
4. Trade and other payables: amounts falling due after more than one year
2017
2018
£
£
Bank loans and overdraft (secured)
302,221
325,160
3 of 3