KKT Media Limited - Limited company accounts 18.2

REGISTERED NUMBER: 09406360 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

KKT MEDIA LIMITED

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

Mrs H Tiffin

SECRETARY:

Mrs H Tiffin

REGISTERED OFFICE:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

REGISTERED NUMBER:

09406360 (England and Wales)

ACCOUNTANTS:

Bassetts Business Solutions Limited

Chartered Certified Accountants &

Registered Auditors

107 Power Road

Chiswick

London

W4 5PY

The director presents her report with the financial statements of the company for the year ended 31 March 2019.

DIRECTOR

Mrs H Tiffin held office during the whole of the period from 1 April 2018 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006

relating to small companies.

ON BEHALF OF THE BOARD:

Mrs H Tiffin - Director

9 December 2019

TURNOVER

36,446

239,959

Cost of sales

401

172,254

GROSS PROFIT

36,045

67,705

Administrative expenses

21,999

20,130

OPERATING PROFIT and

PROFIT BEFORE TAXATION

14,046

47,575

Tax on profit

2,769

9,101

PROFIT FOR THE FINANCIAL YEAR

11,277

38,474

FIXED ASSETS

Tangible assets

4

1

240

CURRENT ASSETS

Debtors

5

373

322

Cash at bank and in hand

6,218

12,965

6,591

13,287

CREDITORS

Amounts falling due within one year

6

9,061

14,273

NET CURRENT LIABILITIES

(2,470

)

(986

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,469

)

(746

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(2,569

)

(846

)

SHAREHOLDERS' FUNDS

(2,469

)

(746

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 9 December 2019 and were signed by:

Mrs H Tiffin - Director

1.	STATUTORY INFORMATION

KKT Media 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

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 balance sheet date.

DEFERRED TAX

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

the balance sheet 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.	OPERATING PROFIT

The operating profit is stated after charging:

2019

2018

£

Depreciation - owned assets

239

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

and 31 March 2019

958

DEPRECIATION

At 1 April 2018

718

Charge for year

239

At 31 March 2019

957

NET BOOK VALUE

At 31 March 2019

1

At 31 March 2018

240

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Other debtors

373

322

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Trade creditors

1

-

Taxation and social security

5,669

11,385

Other creditors

3,391

2,888

9,061

14,273