Company Registration No. 05311633 (England and Wales)
Kenyon Agencies Ltd
Unaudited accounts
for the year ended 31 March 2022
Kenyon Agencies Ltd
Unaudited accounts
Contents
Kenyon Agencies Ltd
Company Information
for the year ended 31 March 2022
Directors
Mrs L Kenyon
Mr RP Kenyon
Mr RM Kenyon
Company Number
05311633 (England and Wales)
Registered Office
Fir Tree Cottage
Wheal Rose
Scorrier, Redruth
Cornwall
TR16 5DF
UK
Accountants
Laws Books Limited
Lukes Cottage
Green Lane Mawla
Redruth
Cornwall
TR16 5DW
Kenyon Agencies Ltd
Statement of financial position
as at
31 March 2022
Intangible assets
12,000
16,000
Tangible assets
242,862
254,833
Inventories
102,981
72,829
Cash at bank and in hand
1,143
5,152
Creditors: amounts falling due within one year
(173,183)
(183,104)
Net current assets
86,853
112,177
Total assets less current liabilities
341,715
383,010
Creditors: amounts falling due after more than one year
(96,222)
(101,258)
Provisions for liabilities
Net assets
245,493
277,524
Called up share capital
100
100
Profit and loss account
245,393
277,424
Shareholders' funds
245,493
277,524
For the year ending 31 March 2022 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 July 2022 and were signed on its behalf by
Mrs L Kenyon
Director
Company Registration No. 05311633
Kenyon Agencies Ltd
Notes to the Accounts
for the year ended 31 March 2022
Kenyon Agencies Ltd is a private company, limited by shares, registered in England and Wales, registration number 05311633. The registered office is Fir Tree Cottage, Wheal Rose, Scorrier, Redruth, Cornwall, TR16 5DF, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Land: None. Building: 25 years, straight line
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Kenyon Agencies Ltd
Notes to the Accounts
for the year ended 31 March 2022
4
Intangible fixed assets
Goodwill
Charge for the year
4,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2021
320,876
56,306
13,161
390,343
At 31 March 2022
320,876
56,432
13,161
390,469
At 1 April 2021
81,916
49,991
3,603
135,510
Charge for the year
8,419
1,288
2,390
12,097
At 31 March 2022
90,335
51,279
5,993
147,607
At 31 March 2022
230,541
5,153
7,168
242,862
At 31 March 2021
238,960
6,315
9,558
254,833
6
Debtors: amounts falling due within one year
2022
2021
Trade debtors
151,918
211,822
Deferred tax asset
2,112
-
Accrued income and prepayments
1,882
5,478
Kenyon Agencies Ltd
Notes to the Accounts
for the year ended 31 March 2022
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
46,971
51,930
Trade creditors
82,973
61,994
Taxes and social security
4,342
36,590
Proposed dividends
-
8,000
Other creditors
2,500
2,500
Loans from directors
23,869
6,310
8
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
96,222
101,258
The directors have made loans to the company totaling £23,869. The loans are interest free and have no fixed repayment term.
10
Average number of employees
During the year the average number of employees was 9 (2021: 9).