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KERRY BUSINESS SYSTEMS LIMITED - Company Information

Company Accounts and Tax Online 06779008 Board of Directors 1.1.18 31.12.18 31.12.18 false iso4217:GBP xbrli:pure 06779008 2017-01-01 2017-12-31 06779008 2018-12-31 06779008 2018-01-01 2018-12-31 06779008 2017-12-31 06779008 countries:EnglandWales 2018-01-01 2018-12-31 06779008 curr:PoundSterling 2018-01-01 2018-12-31 06779008 uk-bus:PrivateLimitedCompanyLtd 2018-01-01 2018-12-31 06779008 uk-bus:FRS102 2018-01-01 2018-12-31 06779008 uk-bus:AuditExempt-NoAccountantsReport 2018-01-01 2018-12-31 06779008 uk-bus:AbridgedAccounts 2018-01-01 2018-12-31 06779008 uk-bus:RegisteredOffice 2018-01-01 2018-12-31 06779008 uk-bus:Director1 2018-01-01 2018-12-31 06779008 uk-bus:Director1 2018-01-01 06779008 uk-bus:Director1 2018-12-31 06779008 core:AfterOneYear 2018-12-31 06779008 core:AfterOneYear 2017-12-31 06779008 core:WithinOneYear 2018-12-31 06779008 core:WithinOneYear 2017-12-31 06779008 core:WithinOneYear 2018-01-01 2018-12-31 06779008 core:AfterOneYear 2018-12-31 06779008 core:AfterOneYear 2017-12-31 06779008 core:AfterOneYear 2018-01-01 2018-12-31 06779008 core:ShareCapital 2018-12-31 06779008 core:ShareCapital 2017-12-31 06779008 core:RevaluationReserve 2018-12-31 06779008 core:RevaluationReserve 2017-12-31 06779008 core:RetainedEarningsAccumulatedLosses 2018-12-31 06779008 core:RetainedEarningsAccumulatedLosses 2017-12-31 06779008 1 2018-01-01 2018-12-31

Company Registration Number:
06779008 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

Contents of the Financial Statements

for the Period Ended 31 December 2018


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 10

Directors' Report Period Ended 31 December 2018

The directors present their report with the financial statements of the company for the period ended 31 December 2018

Principal Activities

The provision of business and management consultancy services

Additional information

The following director has held office since 23rd December 2008 and his ultimate interest in share capital at the end of the year: Martyn Kerry - 100%

Directors

The directors shown below have held office during the whole of the period from 01 January 2018 to 31 December 2018
Martyn F Kerry

This report was approved by the board of directors on 30 September 2019
And Signed On Behalf Of The Board By:

Name: Martyn F Kerry
Status: Director

Profit and Loss Account

for the Period Ended 31 December 2018

	2018 £	2017 £
Gross Profit or (Loss)	0	110,671
Administrative Expenses	(15,593)	(19,043)
Operating Profit or (Loss)	(15,593)	91,628
Profit or (Loss) Before Tax	(15,593)	91,628
Tax on Profit	-	(17,817)
Profit or (Loss) for Period	(15,593)	73,811

The notes form part of these financial statements

Balance sheet

As at 31 December 2018

	Notes	2018 £	2017 £
Fixed assets
Tangible assets:	3	2,075	2,595
Total fixed assets:		2,075	2,595
Current assets
Debtors:		798	798
Cash at bank and in hand:		173,001	218,699
Total current assets:		173,799	219,497
Creditors: amounts falling due within one year:		( 45,249 )	( 65,874 )
Net current assets (liabilities):		128,550	153,623
Total assets less current liabilities:		130,625	156,218
Total net assets (liabilities):		130,625	156,218

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2018

	2018 £	2017 £
Capital and reserves
Called up share capital:	100	100
Profit and loss account:	130,525	156,118
Shareholders funds:	130,625	156,218

For the year ending 31 December 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 September 2019
And Signed On Behalf Of The Board By:

Name: Martyn F Kerry
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the invoiced value of services provided stated net of Value Added Tax

Tangible fixed assets depreciation policy

Depreciation is calculated so as to write off the cost of tangible fixed assets over their estimated useful lives, as follows:

IT Equipment - 20% reducing balance
Other Equipment - 20% reducing balance

A full year’s depreciation charge is applied for the financial year within which an asset is acquired. No depreciation charge is applied
in the financial year within which an asset is disposed of.

Intangible fixed assets amortisation policy

The company had no intangible fixed assets throughout the accounting period

Valuation information and policy

All assets are valued at the lower of cost or net realisable value

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Employees

	2018	2017
Average number of employees during the period	1	1

The company employed one staff member who was also the sole director throughout the year

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Tangible Assets

	Total
Cost	£
At 01 January 2018	9,244
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2018	9,244
Depreciation
At 01 January 2018	6,649
Charge for year	520
On disposals	-
Other adjustments	-
At 31 December 2018	7,169
Net book value
At 31 December 2018	2,075
At 31 December 2017	2,595

Depreciation is calculated so as to write off the cost of tangible fixed assets over their estimated useful lives, as follows:
IT Equipment - 20% reducing balance
Other Equipment - 20% reducing balance
A full year’s depreciation charge is applied for the financial year within which an asset is acquired. No depreciation charge is applied
in the financial year within which an asset is disposed of.
Intangible fixed assets amortisation policy
The company had no intangible fixed assets throughout the accounting period.
Valuation information and policy
All assets are valued at the lower of cost or net realisable value.

Director:		Martyn F Kerry


Registered office:		24 Casita Grove Kenilworth Warwickshire CV8 2QA


Company Registration Number:		06779008 (England and Wales)

Accounts Submission