KSK Financial Solutions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06887578 (England and Wales)

KSK FINANCIAL SOLUTIONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Hall

P A Howkins

SECRETARY:

P A Howkins

REGISTERED OFFICE:

Christchurch House

Upper George Street

Luton

LU1 2RS

REGISTERED NUMBER:

06887578 (England and Wales)

CURRENT ASSETS

Debtors

4

988

2,570

Cash at bank

4,439

4,967

5,427

7,537

CREDITORS

Amounts falling due within one year

5

610

5,322

NET CURRENT ASSETS

4,817

2,215

TOTAL ASSETS LESS CURRENT LIABILITIES

4,817

2,215

CAPITAL AND RESERVES

Called up share capital

1,051

1,051

Retained earnings

3,766

1,164

SHAREHOLDERS' FUNDS

4,817

2,215

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

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

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 23rd December 2019 and were signed on its behalf by:

P A Howkins - Director

1.	STATUTORY INFORMATION

KSK Financial Solutions Ltd 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 comprises fees and commissions earned on work completed, and renewal commission

received, during the period under review.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

988

2,570

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

-

245

Taxation and social security

610

5,077

610

5,322