KES AQUA LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05495335 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2018

for

KES AQUA LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr K Stevely

REGISTERED OFFICE:

19 Woodlands Drive

Hawarden

Clywd

Flintshire

CH5 3LA

REGISTERED NUMBER:

05495335 (England and Wales)

ACCOUNTANTS:

The Accounts Centre

Milton Green Farm

Whitchurch Road

Milton Green

Chester

Cheshire

CH3 9DS

FIXED ASSETS

Tangible assets

4

1,514

1,180

CURRENT ASSETS

Stocks

7,000

7,000

Debtors

5

-

2,513

Cash at bank

9,961

7,841

16,961

17,354

CREDITORS

Amounts falling due within one year

6

15,391

18,208

NET CURRENT ASSETS/(LIABILITIES)

1,570

(854

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,084

326

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,082

324

SHAREHOLDERS' FUNDS

3,084

326

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 27 March 2019 and were signed by:

Mr K Stevely - Director

1.	STATUTORY INFORMATION

KES AQUA 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.

Plant and machinery

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2017

33,444

Additions

889

At 30 June 2018

34,333

DEPRECIATION

At 1 July 2017

32,264

Charge for year

555

At 30 June 2018

32,819

NET BOOK VALUE

At 30 June 2018

1,514

At 30 June 2017

1,180

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Other debtors

-

2,513

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Bank loans and overdrafts

891

4,457

Trade creditors

512

5,627

Taxation and social security

9,258

6,823

Other creditors

4,730

1,301

15,391

18,208