KCG International Limited - Accounts to registrar (filleted) - small 18.2

KCG International Limited - Accounts to registrar (filleted) - small 18.2

KCG INTERNATIONAL LIMITED - Company Information

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KCG INTERNATIONAL LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020





KCG INTERNATIONAL LIMITED (REGISTERED NUMBER: 05309809)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2020




Page

Balance Sheet 1

Notes to the Financial Statements 3


KCG INTERNATIONAL LIMITED (REGISTERED NUMBER: 05309809)

BALANCE SHEET
31ST DECEMBER 2020

31.12.20 31.12.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 - 2

CURRENT ASSETS
Debtors 6 110,964 110,560
Cash at bank 12,493 22,913
123,457 133,473
CREDITORS
Amounts falling due within one year 7 69,937 75,501
NET CURRENT ASSETS 53,520 57,972
TOTAL ASSETS LESS CURRENT
LIABILITIES
53,520
57,974

CREDITORS
Amounts falling due after more than one
year
8
174,257
166,414

PROVISIONS FOR LIABILITIES (132 ) (132 )
NET ASSETS 227,645 224,256

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 227,643 224,254
SHAREHOLDERS' FUNDS 227,645 224,256

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

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

The directors acknowledge their 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 notes form part of these financial statements

Page 1 continued...
KCG INTERNATIONAL LIMITED (REGISTERED NUMBER: 05309809)

BALANCE SHEET - continued
31ST DECEMBER 2020


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 Board of Directors and authorised for issue on 29th December 2021 and were signed on its behalf by:





A Kazhegeldin - Director


The notes form part of these financial statements

Page 2
KCG INTERNATIONAL LIMITED (REGISTERED NUMBER: 05309809)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2020

1. STATUTORY INFORMATION

KCG International Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05309809

Registered office: 2 Villiers Court
40 Upper Mulgrave Road
Cheam
Surrey
SM2 7AJ

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year 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 balance sheet date.

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

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KCG INTERNATIONAL LIMITED (REGISTERED NUMBER: 05309809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2020

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st January 2020
and 31st December 2020 5,086
DEPRECIATION
At 1st January 2020 5,084
Charge for year 2
At 31st December 2020 5,086
NET BOOK VALUE
At 31st December 2020 -
At 31st December 2019 2

6. DEBTORS
31.12.20 31.12.19
£    £   
Amounts falling due within one year:
Other debtors 52,657 52,657
VAT 1,080 676
53,737 53,333

Amounts falling due after more than one year:
Tax 57,227 57,227

Aggregate amounts 110,964 110,560

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
£    £   
Trade creditors 116 4,475
Tax 2,540 1,745
Other creditors 63,453 63,453
Directors' current accounts 1,128 1,128
Accrued expenses 2,700 4,700
69,937 75,501

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.20 31.12.19
£    £   
Directors Current Account (174,257 ) (166,414 )

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