Abbreviated Company Accounts - KWCG LIMITED

08720368 KWCG LIMITED 2014-10-31 false 2013-10-07 2014-10-31 true 08720368 2013-10-07 2014-10-31 08720368 2014-10-31 08720368 uk-gaap-cd-bus:Director1 2013-10-07 2014-10-31 08720368 uk-gaap-cd-bus:Director2 2013-10-07 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-07 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 08720368

KWCG LIMITED

Abbreviated Accounts

31 October 2014

KWCG LIMITED Registered Number 08720368

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014
		£
Fixed assets
Intangible assets	2	17,222
Tangible assets	3	2,412
		19,634
Current assets
Debtors	4	3,752
Cash at bank and in hand		29,696
		33,448
Creditors: amounts falling due within one year	5	(27,196)
Net current assets (liabilities)		6,252
Total assets less current liabilities		25,886
Total net assets (liabilities)		25,886
Capital and reserves
Called up share capital	6	1
Profit and loss account		25,885
Shareholders' funds		25,886

For the year ending 31 October 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 2 July 2015

And signed on their behalf by:
MR K WALLER, Director

KWCG LIMITED Registered Number 08720368

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sale of services, excluding value added tax.

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

Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

Intangible assets amortisation policy
Capitalised licence costs are written off over a period of three years.

Other accounting policies
Cash Flow

The financial statements do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standards for Smaller Entities (effective April 2008).

2Intangible fixed assets

	£
Cost
Additions	21,000
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	21,000
Amortisation
Charge for the year	3,778
On disposals	-
At 31 October 2014	3,778
Net book values
At 31 October 2014	17,222

3Tangible fixed assets

	£
Cost
Additions	2,998
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	2,998
Depreciation
Charge for the year	586
On disposals	-
At 31 October 2014	586
Net book values
At 31 October 2014	2,412

4Debtors

	2014 £
Debtors include the following amounts due after more than one year	3,752

5Creditors

	2014 £
Secured Debts	27,196

6Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
1 Ordinary shares of £1 each	1