KDP Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05967236 (England and Wales)

Unaudited Financial Statements

for the Period

1 April 2018 to 30 March 2019

for

KDP Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P S Athwal

Mrs A Athwal

REGISTERED OFFICE:

40 Trenton Drive

Long Eaton

Nottinghamshire

NG10 2EG

REGISTERED NUMBER:

05967236 (England and Wales)

ACCOUNTANTS:

Haines Watts

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

FIXED ASSETS

Tangible assets

4

-

36

CURRENT ASSETS

Debtors

5

57,295

6,095

Cash at bank

54,162

120,009

111,457

126,104

CREDITORS

Amounts falling due within one year

6

28,507

46,649

NET CURRENT ASSETS

82,950

79,455

TOTAL ASSETS LESS CURRENT LIABILITIES

82,950

79,491

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

82,850

79,391

SHAREHOLDERS' FUNDS

82,950

79,491

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 4 February 2020 and were signed on its behalf by:

Mr P S Athwal - Director

1.	STATUTORY INFORMATION

KDP Solutions 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.

The accounts have been prepared on a going concern basis and are subject to the continued support of the

director.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Where the company has partially performed its contractual obligations, it recognises revenue to the extent that it

has obtained the right to consideration through its performance.

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 etc

-

Straight line at 33.33%

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation

and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date

of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, 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 period 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 period was 3 (2018 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

and 30 March 2019

2,067

DEPRECIATION

At 1 April 2018

2,031

Charge for period

36

At 30 March 2019

2,067

NET BOOK VALUE

At 30 March 2019

-

At 31 March 2018

36

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.19

31.3.18

£

£

Trade debtors

15,330

-

Other debtors

41,965

6,095

57,295

6,095

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.19

31.3.18

£

£

Trade creditors

2,103

1,938

Taxation and social security

19,454

18,802

Other creditors

6,950

25,909

28,507

46,649

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 March 2019 and the year

ended 31 March 2018:

30.3.19

31.3.18

£

£

Mr P S Athwal

Balance outstanding at start of period

-

-

Amounts advanced

39,047

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

39,047

-