Company No:
Contents
DIRECTORS | Mr D L Bearman |
Mr R D Levi |
REGISTERED OFFICE | 7th Floor South Block |
55 Baker Street | |
London | |
W1U 8EW | |
United Kingdom |
COMPANY NUMBER | 11885821 (England and Wales) |
Note | 2022 | 2021 | ||
£ | £ | |||
Fixed assets | ||||
Investments | 3 |
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55,612 | 232,229 | |||
Current assets | ||||
Debtors | 4 |
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Cash at bank and in hand |
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34,536 | 11,467 | |||
Creditors: amounts falling due within one year | 5 | (
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Net current assets/(liabilities) | 24,129 | (19,314) | ||
Total assets less current liabilities | 79,741 | 212,915 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account |
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Total shareholders' funds |
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Directors' responsibilities:
The financial statements of Kilby House Holdings Limited (registered number:
Mr D L Bearman
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Kilby House Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 7th Floor South Block, 55 Baker Street, London, W1U 8EW, United Kingdom.
The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The financial statements have been prepared on a basis other than that of a going concern as the directors intend to apply to the Registrar of Companies to strike off the Company from the Companies Register within the next 12 months. The company ceased to trade on 31 December 2022 and this will be the final set of financial statements.
Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Charges for amounts payable in respect of tax losses surrendered to the company or credits for amounts receivable in respect of tax losses surrendered by the company and utilised by the other group companies are recognised in the year to which they relate.
Investments in subsidiaries are measured at cost less impairment.
Interest-free borrowings or loans at non-market rates of interest are discounted to present value by charging notional interest as a market rate of interest based on the rate that would apply to similar debt instruments. Where interest-free borrowings are repayable on demand no discounting takes place and the loans are held at fair value.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Financial instruments are impaired when an indication of impairment has become evident.
Final dividend distributions to the company's shareholders are recognised as a liability in the financial statements in the reporting period in which the dividends are approved by members. Interim dividend distributions to the company's shareholders are recognised in the reporting period in which they are paid.
2022 | 2021 | ||
Number | Number | ||
The average number of persons employed by the company during the year was |
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2022 | 2021 | ||
£ | £ | ||
Subsidiary undertakings |
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Investments in subsidiaries
2022 | |
£ | |
Cost | |
At 01 January 2022 |
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At 31 December 2022 |
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Provisions for impairment | |
At 01 January 2022 |
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Impairment |
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At 31 December 2022 |
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Carrying value at 31 December 2022 |
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Carrying value at 31 December 2021 |
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Investments in shares
Name of entity | Registered office | Nature of business | Class of shares |
Ownership 31.12.2022 |
Ownership 31.12.2021 |
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England & Wales | Other letting and operating of own or leased real estate |
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2022 | 2021 | ||
£ | £ | ||
Amounts owed by Group undertakings |
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Amounts owed by related parties |
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Other debtors |
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2022 | 2021 | ||
£ | £ | ||
Trade creditors |
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Amounts owed to Group undertakings |
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Other creditors |
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The company's immediate and ultimate parent company is Firefly Capital Limited, incorporated in England & Wales.
The most senior parent entity producing publicly available consolidated financial statements is Firefly Capital Limited. These financial statements are publicly available from Companies House.