Abbreviated Company Accounts - KVA DIGITAL LIMITED

Abbreviated Company Accounts - KVA DIGITAL LIMITED

KVA DIGITAL LIMITED - Company Information

Print Friendly Version

Registered Number 08672098

KVA DIGITAL LIMITED

Abbreviated Accounts

31 August 2016

KVA DIGITAL LIMITED Registered Number 08672098

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 10,060 5,783
10,060 5,783
Current assets
Debtors 64,410 28,462
Cash at bank and in hand 169,025 90,272
233,435 118,734
Creditors: amounts falling due within one year (64,455) (52,148)
Net current assets (liabilities) 168,980 66,586
Total assets less current liabilities 179,040 72,369
Total net assets (liabilities) 179,040 72,369
Capital and reserves
Called up share capital 100 100
Profit and loss account 178,940 72,269
Shareholders' funds 179,040 72,369
  • For the year ending 31 August 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 September 2016

And signed on their behalf by:
K Filistad, Director

KVA DIGITAL LIMITED Registered Number 08672098

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover represents amounts receivable for goods and services net of VAT

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of those assets as follows:
Equipment - 20% straight line

2Tangible fixed assets
£
Cost
At 1 September 2015 8,530
Additions 7,476
Disposals -
Revaluations -
Transfers -
At 31 August 2016 16,006
Depreciation
At 1 September 2015 2,747
Charge for the year 3,199
On disposals -
At 31 August 2016 5,946
Net book values
At 31 August 2016 10,060
At 31 August 2015 5,783