REGISTERED NUMBER: |
Financial Statements for the Year Ended 31st December 2022 |
for |
Kelvin Court Brixham Ltd |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 31st December 2022 |
for |
Kelvin Court Brixham Ltd |
Kelvin Court Brixham Ltd (Registered number: 06898826) |
Contents of the Financial Statements |
for the Year Ended 31st December 2022 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Kelvin Court Brixham Ltd |
Company Information |
for the Year Ended 31st December 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Thorneloe House |
25 Barbourne Road |
Worcester |
Worcestershire |
WR1 1RU |
Kelvin Court Brixham Ltd (Registered number: 06898826) |
Abridged Balance Sheet |
31st December 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Kelvin Court Brixham Ltd (Registered number: 06898826) |
Notes to the Financial Statements |
for the Year Ended 31st December 2022 |
1. | STATUTORY INFORMATION |
Kelvin Court Brixham Ltd is a |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
INVESTMENT PROPERTY |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Depreciation is not provided on freehold investment properties as these comprise the freehold ground rents of leasehold properties not owned by the company. |
RENT INCOME |
Ground rents are accounted for when receivable. |
GOING CONCERN |
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2021 - NIL). |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st January 2022 |
and 31st December 2022 |
NET BOOK VALUE |
At 31st December 2022 |
At 31st December 2021 |
Included in fair value of investment property is freehold land of £ 15,150 (2021 - £ 15,150 ) which is not depreciated. |
Fair value at 31st December 2022 is represented by: |
£ |
Valuation in 2017 | 1,710 |
Cost | 13,440 |
15,150 |
If freehold land had not been revalued it would have been included at the following historical cost: |
2022 | 2021 |
£ | £ |
Cost | 13,440 | 13,440 |
Freehold land was valued on fair value basis on 31st December 2017 by Directors . |