K B M UK LIMITED

K B M UK LIMITED

K B M UK LIMITED - Company Information

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K B M UK LIMITED

Company Registration Number:
05126385 (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

K B M UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

K B M UK LIMITED

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Fixed assets
Intangible assets: 3 188,520 213,716
Tangible assets: 4 86,250 102,925
Total fixed assets: 274,770 316,641
Current assets
Stocks: 33,400 56,000
Debtors: 5 127,978 111,781
Cash at bank and in hand: 402,866 104,503
Total current assets: 564,244 272,284
Creditors: amounts falling due within one year:   (156,748) (101,216)
Net current assets (liabilities): 407,496 171,068
Total assets less current liabilities: 682,266 487,709
Creditors: amounts falling due after more than one year: 6 (189,064) (98,632)
Total net assets (liabilities): 493,202 389,077
Capital and reserves
Called up share capital: 50,000 50,000
Profit and loss account: 443,202 339,077
Shareholders funds: 493,202 389,077

The notes form part of these financial statements

K B M UK 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 28 December 2021
and signed on behalf of the board by:

Name: Mr M A Bhatti
Status: Director

The notes form part of these financial statements

K B M UK 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

K B M UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 21 21

K B M UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Intangible Assets

Total
Cost £
At 01 April 2020 503,925
At 31 March 2021 503,925
Amortisation
At 01 April 2020 290,209
Charge for year 25,196
At 31 March 2021 315,405
Net book value
At 31 March 2021 188,520
At 31 March 2020 213,716

K B M UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Tangible Assets

Total
Cost £
At 01 April 2020 353,149
Additions 6,365
At 31 March 2021 359,514
Depreciation
At 01 April 2020 250,224
Charge for year 23,040
At 31 March 2021 273,264
Net book value
At 31 March 2021 86,250
At 31 March 2020 102,925

K B M UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

5. Debtors

Other debtors included amounts for rent deposits of £3,223 (2020 £3,223) at the year end.

K B M UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

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

Other creditors included loans from its director and shareholders of £36,494 (2020 £47,216) atthe year end with no specific repayment term. There was no interest paid on these loans.

K B M UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

7. Related party transactions

The company was under the control of Mr M A Bhatti throughout the current and previous year.Mr M A Bhatti is the managing director and majority shareholder of the company.