Kurz-Addison (Hove) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05859074 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018

FOR

KURZ-ADDISON (HOVE) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr W Seven-Kurz

REGISTERED OFFICE:

36 High Street

Cleethorpes

North East Lincs

DN35 8JN

BUSINESS ADDRESS:

67 Colin Avenue

Grimsby

North East Lincs

DN32 8EN

REGISTERED NUMBER:

05859074 (England and Wales)

ACCOUNTANTS:

Blow Abbott Limited

36 High Street

Cleethorpes

North East Lincs

DN35 8JN

FIXED ASSETS

Tangible assets

4

2,400

-

CURRENT ASSETS

Debtors

5

1,780

12,112

Cash at bank

30,531

16,071

32,311

28,183

CREDITORS

Amounts falling due within one year

6

30,236

36,719

NET CURRENT ASSETS/(LIABILITIES)

2,075

(8,536

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,475

(8,536

)

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

4,473

(8,538

)

SHAREHOLDERS' FUNDS

4,475

(8,536

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 director on 22 March 2019 and were signed by:

Mr W Seven-Kurz - Director

1.	STATUTORY INFORMATION

Kurz-Addison (Hove) Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the

reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that

they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

Additions

3,000

At 30 June 2018

3,000

DEPRECIATION

Charge for year

600

At 30 June 2018

600

NET BOOK VALUE

At 30 June 2018

2,400

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

1,555

-

Other debtors

-

12,000

Prepayments and accrued income

225

112

1,780

12,112

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

-

490

Tax

1,539

-

Directors' loan accounts

27,036

34,324

Accrued expenses

1,661

1,905

30,236

36,719

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

2

Ordinary

1

2

2

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 30th June 2018 the company owed the Director £27,036 ( 30th June 2017 £34,324). No interest is

payable on the loan.