KGS1 LIMITED - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09051020 (England and Wales)

KGS1 LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

21 MAY 2014 TO 31 MAY 2015

Page

Company Information

1

Report of the Accountants

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr P Owen

REGISTERED OFFICE:

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

REGISTERED NUMBER:

09051020 (England and Wales)

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

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

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended 31 May 2015 set out on pages three to four and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

Date: .............................................

FIXED ASSETS

Tangible assets

2

639

CURRENT ASSETS

Debtors

12,488

Cash at bank

115,028

127,516

CREDITORS

Amounts falling due within one year

30,285

NET CURRENT ASSETS

97,231

TOTAL ASSETS LESS CURRENT LIABILITIES

97,870

CAPITAL AND RESERVES

Called up share capital

3

100

Reserves - profit/loss b/fwd

97,770

SHAREHOLDERS' FUNDS

97,870

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 12 February 2016 and were signed by:

Mr P Owen - 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 services, excluding value added tax.

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

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

958

At 31 May 2015

958

DEPRECIATION

Charge for period

319

At 31 May 2015

319

NET BOOK VALUE

At 31 May 2015

639

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£100

100

1 Ordinary share of £100 was allotted and fully paid for cash at par during the period.