Komo Forestry (West Midlands) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08649315 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31ST AUGUST 2016

FOR

KOMO FORESTRY (WEST MIDLANDS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

4

DIRECTORS:

G Oakley

Mrs S J Oakley

SECRETARY:

Mrs S J Oakley

REGISTERED OFFICE:

17 Tipton Road

Sedgley

Dudley

West Midlands

DY3 1HB

REGISTERED NUMBER:

08649315 (England and Wales)

ACCOUNTANTS:

French Ludlam & Co Limited

Mountfield House

661 High Street

Kingswinford

West Midlands

DY6 8AL

FIXED ASSETS

Tangible assets

2

12,313

12,103

CURRENT ASSETS

Cash at bank and in hand

11,881

17,210

CREDITORS

Amounts falling due within one year

23,258

17,224

NET CURRENT LIABILITIES

(11,377

)

(14

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

936

12,089

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

934

12,087

SHAREHOLDERS' FUNDS

936

12,089

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 24th November 2016 and were signed on its behalf by:

Mrs S J Oakley - 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 goods, 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.

Plant and machinery

-

15% on reducing balance

Deferred tax

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

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st September 2015

15,175

Additions

2,383

At 31st August 2016

17,558

DEPRECIATION

At 1st September 2015

3,072

Charge for year

2,173

At 31st August 2016

5,245

NET BOOK VALUE

At 31st August 2016

12,313

At 31st August 2015

12,103

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

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

financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Komo Forestry (West Midlands) Limited for the year ended 31st August 2016 which comprise the Profit and Loss

Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations

you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Komo Forestry (West Midlands) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Komo Forestry (West Midlands) Limited and state those matters that we have agreed to state to the Board of Directors of Komo Forestry (West Midlands) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Komo Forestry (West Midlands) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Komo Forestry (West Midlands) Limited. You consider that Komo Forestry (West Midlands) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Komo Forestry (West Midlands) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

French Ludlam & Co Limited

Mountfield House

661 High Street

Kingswinford

West Midlands

DY6 8AL

24th November 2016