KCM (Catering Equipment) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05576567 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

for

KCM (Catering Equipment) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

Mrs J Knight

A P White

SECRETARY:

Mrs J Knight

REGISTERED OFFICE:

Unit 10 Partnership House

Withambrook Park Industrial Estate

Grantham

Lincolnshire

NG31 9ST

REGISTERED NUMBER:

05576567 (England and Wales)

ACCOUNTANTS:

Moore Emmerson Accountants Limited

69 Main Road

Stamford

Lincolnshire

PE9 3PQ

FIXED ASSETS

Tangible assets

2

16,925

20,271

CURRENT ASSETS

Stocks

25,748

37,353

Debtors

158,764

167,427

Cash in hand

115

240

184,627

205,020

CREDITORS

Amounts falling due within one year

263,391

297,932

NET CURRENT LIABILITIES

(78,764

)

(92,912

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(61,839

)

(72,641

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(61,939

)

(72,741

)

SHAREHOLDERS' FUNDS

(61,839

)

(72,641

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 3 December 2015 and were signed on its behalf by:

Mrs J Knight - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax (having

regard to the fulfilment of contractual obligations).

Tangible fixed assets

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

Improvements to property

-

Straight line over 3 years

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations

in periods different from those in which they are included in the company's accounts. Deferred tax is

provided in full on timing differences which result in an obligation to pay more (or less) tax at a

future date, at the average tax rates that are expected to apply when the timing differences reverse,

based on current tax rates and laws.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

66,456

Additions

4,104

Disposals

(5,135

)

At 30 September 2015

65,425

DEPRECIATION

At 1 October 2014

46,185

Charge for year

7,087

Eliminated on disposal

(4,772

)

At 30 September 2015

48,500

NET BOOK VALUE

At 30 September 2015

16,925

At 30 September 2014

20,271

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

100

Ordinary

£1

100

100

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of KCM (Catering Equipment) Limited for the year ended

30 September 2015 which comprise the Profit and Loss Account, the Balance Sheet and the related notes

from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of KCM (Catering Equipment) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of KCM (Catering Equipment) Limited and state those matters that we have agreed to state to the Board of Directors of KCM (Catering Equipment) Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that KCM (Catering Equipment) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of KCM (Catering Equipment) Limited. You consider that KCM (Catering Equipment) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of KCM (Catering

Equipment) Limited. For this reason, we have not verified the accuracy or completeness of the accounting

records or information and explanations you have given to us and we do not, therefore, express any opinion

on the statutory financial statements.

Moore Emmerson Accountants Limited

69 Main Road

Stamford

Lincolnshire

PE9 3PQ

3 December 2015