COMPANY REGISTRATION NUMBER:
04591975
Kenward Associates Limited
|
|
Filleted Unaudited Abridged Financial Statements
|
|
Kenward Associates Limited
|
|
Abridged Statement of Financial Position
|
|
31 March 2018
Fixed assets
Investments
|
4
|
|
5,000
|
5,000
|
|
|
|
|
|
Current assets
Debtors
|
226,130
|
|
219,130
|
Cash at bank and in hand
|
32,941
|
|
38,415
|
|
---------
|
|
---------
|
|
259,071
|
|
257,545
|
|
|
|
|
Creditors: amounts falling due within one year
|
190,496
|
|
190,518
|
|
---------
|
|
---------
|
Net current assets
|
|
68,575
|
67,027
|
|
|
--------
|
--------
|
Total assets less current liabilities
|
|
73,575
|
72,027
|
|
|
--------
|
--------
|
Net assets
|
|
73,575
|
72,027
|
|
|
--------
|
--------
|
|
|
|
|
Capital and reserves
Called up share capital
|
|
1
|
1
|
Profit and loss account
|
|
73,574
|
72,026
|
|
|
--------
|
--------
|
Shareholders funds
|
|
73,575
|
72,027
|
|
|
--------
|
--------
|
|
|
|
|
These abridged financial statements have been prepared and delivered 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'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
For the year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.
Kenward Associates Limited
|
|
Abridged Statement of Financial Position (continued)
|
|
31 March 2018
These abridged financial statements were approved by the
board of directors
and authorised for issue on
18 December 2018
, and are signed on behalf of the board by:
Company registration number:
04591975
Kenward Associates Limited
|
|
Notes to the Abridged Financial Statements
|
|
Year ended 31 March 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Castlewood House, London, UK, WC1A1DE, 77-91 New Oxford Street.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The abridged 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.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Foreign currencies
Assets and liabilities in foreign currencies are translated into euros at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into euros at the average rate of exchange for the year. Exchange differences are taken into account in arriving at the operating profit.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4.
Investments
|
€
|
Cost
|
|
At 1 April 2017 and 31 March 2018
|
5,000
|
|
-------
|
Impairment
|
|
At 1 April 2017 and 31 March 2018
|
–
|
|
-------
|
Carrying amount
|
|
At 31 March 2018
|
5,000
|
|
-------
|
At 31 March 2017
|
5,000
|
|
-------
|
|
|
5.
Related party transactions
The company was under the control of Mr Yann Grossi throughout the current and previous year. Mr Grossi is the managing director and majority shareholder. At the date of the balance sheet the following amounts are owed from: SCI Nature & Patrimoine €106,600 (2017: €106,600) SARL Village & Campagne €119,430 (2017: €112,430)