Kinect Recruitment Limited - Abbreviated accounts 16.1
Kinect Recruitment Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| FOR |
| KINECT RECRUITMENT LIMITED |
| KINECT RECRUITMENT LIMITED (REGISTERED NUMBER: 07582576) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| KINECT RECRUITMENT LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| KINECT RECRUITMENT LIMITED (REGISTERED NUMBER: 07582576) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2016 |
| 31.3.16 | 31.3.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| KINECT RECRUITMENT LIMITED (REGISTERED NUMBER: 07582576) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 MARCH 2016 |
| The financial statements were approved by the director on |
| KINECT RECRUITMENT LIMITED (REGISTERED NUMBER: 07582576) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 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 is measured at the fair value of the consideration received or receivable and represents the |
| amount receivable for goods and services, net of returns, discounts and value added tax. |
| The company recognises revenue when the amount of revenue can be measured reliably, when it is |
| probable that future economic benefits will flow to the entity and when specific criteria have been met. |
| Turnover represents amounts receivable for the provision of recruitment services, sales are |
| recognised at the date the service is provided to the customer. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| 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 1 April 2015 |
| Additions |
| At 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| 3. | CREDITORS |
| Creditors include the following debts falling due in more than five years: |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Repayable otherwise than by instalments | 50,000 | 50,000 |
| KINECT RECRUITMENT LIMITED (REGISTERED NUMBER: 07582576) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.16 | 31.3.15 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | RELATED PARTY DISCLOSURES |
| DPGS Limited |
| Mr S Kandola is a shareholder and director of DPGS Limited. |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| DPSK Limited |
| Mr S Kandola is a shareholder and director of DPSK Limited. |
| A management charge of £104,000 (2015: £112,000) was charged by DPSK Limited during the year. |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| DOT100 Limited |
| Mr S Kandola is a shareholder and director of DOT100 Limited. |
| 31.3.16 | 31.3.15 |
| £ | £ |
| Amount due to related party at the balance sheet date |