Kinetic Recruitment Solutions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11574985 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

18 SEPTEMBER 2018 TO 30 SEPTEMBER 2019

FOR

KINETIC RECRUITMENT SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTOR:

L A Faux

REGISTERED OFFICE:

1 Waterside Station Road

Harpenden

Hertfordshire

AL5 4US

REGISTERED NUMBER:

11574985 (England and Wales)

ACCOUNTANTS:

Total Back Office Solutions Ltd

1 Waterside

Station Road

Harpenden

Hertfordshire

AL5 4US

FIXED ASSETS

Tangible assets

4

2,681

CURRENT ASSETS

Debtors

5

28,472

Cash at bank and in hand

9,760

38,232

CREDITORS

Amounts falling due within one year

6

21,556

NET CURRENT ASSETS

16,676

TOTAL ASSETS LESS CURRENT LIABILITIES

19,357

PROVISIONS FOR LIABILITIES

509

NET ASSETS

18,848

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

18,748

18,848

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2019 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 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 director and authorised for issue on 8 June 2020 and were signed by:

L A Faux - Director

1.	STATUTORY INFORMATION

Kinetic Recruitment 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 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 etc

-

33% on cost

Taxation

Taxation for the period 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 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 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

3,141

At 30 September 2019

3,141

DEPRECIATION

Charge for period

460

At 30 September 2019

460

NET BOOK VALUE

At 30 September 2019

2,681

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

27,252

Other debtors

1,220

28,472

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

3,353

Taxation and social security

17,224

Other creditors

979

21,556

7.	RELATED PARTY DISCLOSURES

Included within other creditors is an amount of £979 owed to the Director, Mr L A Faux.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is L A Faux.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 30 September 2019 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Total Back Office Solutions Ltd

1 Waterside

Station Road

Harpenden

Hertfordshire

AL5 4US

Date: .............................................