K10_(LONDON)_LIMITED - Accounts

K10 (LONDON) LIMITED - Company Information

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Company Registration No. 08026605 (England and Wales)

K10 (LONDON) LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

K10 (LONDON) LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

K10 (LONDON) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Investments

300

200

Current assets

Debtors

1,685,123

1,039,763

Cash at bank and in hand

100,303

402,594

1,785,426

1,442,357

Creditors: amounts falling due within one year

(850,030)

(500,130)

Net current assets

935,396

942,227

Total assets less current liabilities

935,696

942,427

Capital and reserves

Called up share capital

119

Share premium account

957,832

Profit and loss account

(22,255)

(15,524)

Shareholders' funds

935,696

942,427

For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 31 May 2016

C Kemper

I Neill

Director

Company Registration No. 08026605

K10 (LONDON) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Investments

Cost

At 1 January 2015

200

Additions

100

At 31 December 2015

300

At 31 December 2014

200

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

K10 Broadgate Limited

England and Wales

Ordinary

100.00

K10 City Sushi Limited

England and Wales

Ordinary

100.00

K10 Fenchurch Ltd

England and Wales

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2015

Principal activity

K10 Broadgate Limited

Restaurant operation

(524,967)

(81,990)

K10 City Sushi Limited

Restaurant operation

482,403

214,431

K10 Fenchurch Ltd

Restaurant operation

(249,084)

(249,184)

K10 (LONDON) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

11,900 Ordinary of 1p each

119