K & B Meats Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02582203 (England and Wales)

K & B MEATS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

Page

Balance Sheet

1

to

2

FIXED ASSETS

21,458

16,082

CURRENT ASSETS

71,898

89,285

PREPAYMENTS AND ACCRUED INCOME

759

1,108

CREDITORS

Amounts falling due within one year

(41,580

)

(46,843

)

NET CURRENT ASSETS

31,077

43,550

TOTAL ASSETS LESS CURRENT LIABILITIES

52,535

59,632

ACCRUALS AND DEFERRED INCOME

1,270

1,225

NET ASSETS

51,265

58,407

CAPITAL AND RESERVES

51,265

58,407

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

K & B Meats Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

02582203

Registered office:

81 Burton Road

Derby

Derbyshire

DE1 1TJ

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 7 (2019 - 7 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2020 and 31 March 2019:

2020

2019

£

£

Mr K W Harrison and Mrs J M Harrison

Balance outstanding at start of year

(9,696

)

(13,858

)

Amounts advanced

77,527

6,460

Amounts repaid

(21,970

)

(2,298

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

45,861

(9,696

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2020 and were signed on its behalf by:

Mr K W Harrison - Director