Kent Accountants Ltd - Limited company accounts 16.1

REGISTERED NUMBER: 06376048 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 30 September 2016

for

Kent Accountants Ltd

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

A F Keeves

SECRETARY:

REGISTERED OFFICE:

Suite 5, Brogdale Farm,

Brogdale Road,

Faversham

Kent

ME13 8XZ

REGISTERED NUMBER:

06376048 (England and Wales)

ACCOUNTANTS:

I.B.C.

Suite 5, Brogdale Farm,

Brogdale Road,

Faversham

Kent

ME13 8XZ

The director presents his report with the financial statements of the company for the year ended 30 September 2016.

DIRECTOR

A F Keeves held office during the whole of the period from 1 October 2015 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

A F Keeves - Director

20 October 2016

TURNOVER

3,750

-

Distribution costs

105

-

Administrative expenses

463

-

568

-

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

3,182

-

Tax on profit on ordinary activities

3

647

-

PROFIT FOR THE FINANCIAL YEAR

2,535

-

FIXED ASSETS

Tangible assets

4

316

421

Investments

5

60

376

481

CURRENT ASSETS

Debtors

6

7,181

3,926

CREDITORS

Amounts falling due within one year

7

647

32

NET CURRENT ASSETS

6,534

3,894

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,910

4,375

CAPITAL AND RESERVES

Called up share capital

8

100

Profit and loss account

9

6,810

4,275

SHAREHOLDERS' FUNDS

6,910

4,375

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the director on 20 October 2016 and were signed by:

A F Keeves - 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 January 2015).

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

30.9.16

30.9.15

£

Depreciation - owned assets

105

-

Director's remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

30.9.16

30.9.15

£

Current tax:

UK corporation tax

647

-

Tax on profit on ordinary activities

647

-

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 October 2015

and 30 September 2016

421

DEPRECIATION

Charge for year

105

At 30 September 2016

105

NET BOOK VALUE

At 30 September 2016

316

At 30 September 2015

421

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.9.16

30.9.15

£

Formation Expenses

60

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.16

30.9.15

£

Trade debtors

7,181

3,926

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.16

30.9.15

£

Trade creditors

-

32

Tax

647

-

647

32

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

100

Ordinary

1

100

9.

RESERVES

Profit

and loss

account

£

At 1 October 2015

4,275

Profit for the year

2,535

At 30 September 2016

6,810