KK KINETIC Limited - Accounts

KK KINETIC LIMITED - Company Information

Registered number

08786632

KK KINETIC Limited

Report and Accounts

30 November 2015

KK KINETIC Limited
Registered number:		08786632
Director's Report

The director presents his report and accounts for the year ended 30 November 2015.

Principal activities
The company's principal activity during the year continued to be consultancy services.

Directors
The following persons served as directors during the year:

	Kunnal Kumar

Director's responsibilities
The director is responsible for preparing the report and accounts in accordance with applicable law and regulations.

Company law requires the director to prepare accounts for each financial year. Under that law the director has elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the director is required to:
●	select suitable accounting policies and then apply them consistently;
●	make judgements and estimates that are reasonable and prudent;
●	prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the accounts comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 23 May 2016 and signed on its behalf.





Kunnal Kumar
Director

KK KINETIC Limited
Accountants' Report


Accountants' report to the director of
KK KINETIC Limited

You consider that the company is exempt from an audit for the year ended 30 November 2015. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Nasa Consulting Ltd

Tower House
Fairfax Street
Bristol

BS1 3BN

KK KINETIC Limited
Profit and Loss Account
for the year ended 30 November 2015


Notes		2015		2014
£			£

Turnover		33,992		29,108

Administrative expenses		(15,330)		(15,254)
Other operating income		1,904		1,972

Operating profit		20,566		15,826


Profit on ordinary activities before taxation		20,566		15,826

Tax on profit on ordinary activities	2	(4,113)		(3,165)

Profit for the financial year		16,453		12,661

KK KINETIC Limited
Balance Sheet
as at 30 November 2015

Notes			2015			2014
£				£
Current assets
Debtors	3	4,850			2,884
Cash at bank and in hand		1,230			1,474
		6,080			4,358

Creditors: amounts falling due within one year	4	(6,079)			(4,357)

Net current assets			1			1

Net assets			1			1

Capital and reserves
Called up share capital	5		1			1

Shareholder's funds			1			1

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.




Kunnal Kumar
Director
Approved by the board on 23 May 2016

KK KINETIC Limited
Notes to the Accounts
for the year ended 30 November 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.


2	Taxation					2015		2014
£							£

	UK corporation tax					4,113		3,165


3	Debtors					2015		2014
£							£

	Other debtors					4,850		2,884


4	Creditors: amounts falling due within one year					2015		2014
£							£

	Corporation tax					4,835		3,165
	Other taxes and social security costs					969		1,192
	Other creditors					275		-
						6,079		4,357


5	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1		1


6	Profit and loss account					2015
£

	Profit for the year					16,453
	Dividends					(16,453)

	At 30 November 2015					-

7	Dividends					2015		2014
£							£

	Dividends for which the company became liable during the year:
	Dividends paid					16,453		12,661