KMI LOGISTICS LIMITED

KMI LOGISTICS LIMITED

KMI LOGISTICS LIMITED - Company Information

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KMI LOGISTICS LIMITED

Company Registration Number:
10175415 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

KMI LOGISTICS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

KMI LOGISTICS LIMITED

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 506,330 684,557
Total fixed assets: 506,330 684,557
Current assets
Debtors:   64,500 9,026
Cash at bank and in hand: 33,012
Total current assets: 97,512 9,026
Creditors: amounts falling due within one year: 4 (199,236) (127,738)
Net current assets (liabilities): (101,724) (118,712)
Total assets less current liabilities: 404,606 565,845
Creditors: amounts falling due after more than one year: 5 (357,001) (560,150)
Total net assets (liabilities): 47,605 5,695
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 47,505 5,595
Shareholders funds: 47,605 5,695

The notes form part of these financial statements

KMI LOGISTICS LIMITED

Balance sheet statements

For the year ending 31 March 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 April 2022
and signed on behalf of the board by:

Name: Carlos Hopffer
Status: Director

The notes form part of these financial statements

KMI LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KMI LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 3 2

KMI LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Tangible Assets

Total
Cost £
At 01 April 2020 838,765
Additions 52,494
Disposals (104,237)
At 31 March 2021 787,022
Depreciation
At 01 April 2020 154,208
Charge for year 126,484
At 31 March 2021 280,692
Net book value
At 31 March 2021 506,330
At 31 March 2020 684,557

KMI LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Creditors: amounts falling due within one year note

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

KMI LOGISTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

5. Creditors: amounts falling due after more than one year note

357,001