Kalimantan Construction Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11870752 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 8 MARCH 2019 TO 31 MARCH 2020

FOR

KALIMANTAN CONSTRUCTION LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs G A Wallis

REGISTERED OFFICE:

Ysgubor Bran

Nant Bran Farm

Duffryn Lane

St Nicholas

Vale of Glamorgan

CF5 6SU

REGISTERED NUMBER:

11870752 (England and Wales)

ACCOUNTANTS:

Sullivans Chartered Accountants

13-14 Gelliwastad Road

Pontypridd

Rhondda Cynon Taf

CF37 2BW

FIXED ASSETS

Property, plant and equipment

4

5,139

CURRENT ASSETS

Debtors

5

66,069

Cash at bank

52,119

118,188

CREDITORS

Amounts falling due within one year

6

113,952

NET CURRENT ASSETS

4,236

TOTAL ASSETS LESS CURRENT LIABILITIES

9,375

PROVISIONS FOR LIABILITIES

976

NET ASSETS

8,399

CAPITAL AND RESERVES

Called up share capital

7

200

Retained earnings

8,199

SHAREHOLDERS' FUNDS

8,399

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 18 January 2021 and were signed by:

Mrs G A Wallis - Director

1.	STATUTORY INFORMATION

Kalimantan Construction 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Turnover is recognized based upon building service contracts as the contract activity progresses. Where

applicable, turnover will include amounts recoverable on contract, based upon the completion percentage at

each year end.

.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

Additions

6,667

At 31 March 2020

6,667

DEPRECIATION

Charge for period

1,528

At 31 March 2020

1,528

NET BOOK VALUE

At 31 March 2020

5,139

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

9,600

Other debtors

56,469

66,069

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

94,767

Taxation and social security

19,277

Other creditors

(92

)

113,952

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£100

100

25

Ordinary A

£25

25

25

Ordinary B

£25

25

50

Ordinary C

£50

50

200

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2020:

£

Mrs G A Wallis

Balance outstanding at start of period

-

Amounts advanced

10,000

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

10,000