KSM Communications Limited,Ltd - AccountsLtd - Accounts

KSM COMMUNICATIONS LIMITED - Company Information

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Draft

KSM Communications Limited

Registered Number:09005242

For the year ended 30 April 2020

England and Wales

Unaudited Financial Statements

Draft

For the year ended 30 April 2020

KSM Communications Limited

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Statement of Financial Position and Notes to the Accounts

Draft

09005242

Registered Number :

As at 30 April 2020

KSM Communications Limited

Statement of Financial Position and Notes to the Accounts

2019

2020

3,973

1,858

Fixed assets

22,434

53,811

Current assets

Creditors: amounts falling due

within one year

(29,627)

(49,272)

24,184

(26,838)

Net current liabilities

Total assets less current liabilities

(22,865)

26,042

Accruals and deferred income

(22,734)

(20,618)

(45,599)

Net assets/liabilities

5,424

(45,599)

5,424

Capital and reserves

Notes to the Accounts

Statutory Information

KSM Communications Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 09005242.

Registered address:

19 Mengham Lane

Hayling Island

Hampshire

PO11 9JT

The presentation currency is £ sterling.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

2. Directors' advances, credits and guarantees

Repaid

At 01/05/2019

At 30/04/2020

Mr M J Thornton

Directors Current Account

9,876

9,855

9,876

9,855

3. Average number of persons employed

During the year the average number of employees was 1 (2019 : 1)

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Draft

09005242

Registered Number :

For the year ended 30 April 2020

KSM Communications Limited

Statement of Financial Position and Notes to the Accounts Continued

For the year ended 30 April 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 of its financial statements for the year ended 30 April 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

These financial statements have been prepared in accordance with the micro-entities provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr M J Thornton Director

These financial statements were approved and authorised for issue by the Board on 22 October 2020 and were signed by:

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