KEMSEG CONSULTING LTD

KEMSEG CONSULTING LTD

KEMSEG CONSULTING LTD - Company Information

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Company Registration No. 05769003 (England and Wales)
KEMSEG CONSULTING LTD Unaudited accounts for the year ended 31 March 2020
KEMSEG CONSULTING LTD Unaudited accounts Contents
Page
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KEMSEG CONSULTING LTD Company Information for the year ended 31 March 2020
Director
OLUSEGUN OYENUGA NOAH
Company Number
05769003 (England and Wales)
Registered Office
1 Newbery Road, Erith Kent DA8 2BZ
Accountants
LIBRA ASSOCIATES (UK) LIMITED 20 - 22 BROCKLEY CROSS LONDON SE4 2AA
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KEMSEG CONSULTING LTD Statement of financial position as at 31 March 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,682 
2,318 
Current assets
Debtors
5
4,449 
- 
Cash at bank and in hand
15,395 
5,678 
19,844 
5,678 
Creditors: amounts falling due within one year
6
(4,373)
(4,310)
Net current assets
15,471 
1,368 
Net assets
20,153 
3,686 
Capital and reserves
Called up share capital
7
1,000 
1,000 
Profit and loss account
19,153 
2,686 
Shareholders' funds
20,153 
3,686 
For the year ending 31 March 2020 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 July 2020 and were signed on its behalf by
OLUSEGUN OYENUGA NOAH Director Company Registration No. 05769003
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KEMSEG CONSULTING LTD Notes to the Accounts for the year ended 31 March 2020
1
Statutory information
KEMSEG CONSULTING LTD is a private company, limited by shares, registered in England and Wales, registration number 05769003. The registered office is 1 Newbery Road,, Erith, Kent, DA8 2BZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2019
10,631 
Additions
5,612 
At 31 March 2020
16,243 
Depreciation
At 1 April 2019
8,313 
Charge for the year
3,248 
At 31 March 2020
11,561 
Net book value
At 31 March 2020
4,682 
At 31 March 2019
2,318 
5
Debtors
2020 
2019 
£ 
£ 
Trade debtors
2,700 
- 
Other debtors
1,749 
- 
4,449 
- 
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KEMSEG CONSULTING LTD Notes to the Accounts for the year ended 31 March 2020
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Taxes and social security
3,311 
1,306 
Other creditors
- 
150 
Loans from directors
1,062 
2,854 
4,373 
4,310 
7
Share capital
2020 
2019 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Transactions with related parties
The company was under the control of Mr Olusegun Noah. Mr Olusegun Noah owns 100% of the share capital of the company. No dividend was proposed this year (2019: £2,000).
9
Average number of employees
During the year the average number of employees was 2 (2019: 5).
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