KMH_COMMUNICATIONS_LTD - Accounts

K.M.H. COMMUNICATIONS LIMITED - Company Information

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Company Registration No. 01861024 (England and Wales)

KMH COMMUNICATIONS LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2016

KMH COMMUNICATIONS LTD

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

KMH COMMUNICATIONS LTD

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

290,313

292,424

Investments

100

290,413

292,524

Current assets

Stocks

473,405

170,905

Debtors

941,349

606,784

Cash at bank and in hand

744,739

1,261,606

2,159,493

2,039,295

Creditors: amounts falling due within one year

(2,351,435)

(2,241,021)

Net current liabilities

(191,942)

(201,726)

Total assets less current liabilities

98,471

90,798

Provisions for liabilities

(7,253)

(7,351)

91,218

83,447

Capital and reserves

Called up share capital

400

Other reserves

200

Profit and loss account

90,618

82,847

Shareholders' funds

91,218

83,447

KMH COMMUNICATIONS LTD

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 APRIL 2016

- 2 -

For the financial year ended 30 April 2016 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 20 January 2017

Mr N C Merchant

Director

Company Registration No. 01861024

KMH COMMUNICATIONS LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

- 3 -

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

Turnover

Turnover represents amounts receivable for goods and services net of VAT.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

No depreciation is provided

Plant and machinery

20% Reducing balance

Fixtures, fittings & equipment

20% or 33% Reducing balance

Motor vehicles

1.5

Investments

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

1.6

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.7

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

1.8

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

1.9

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

KMH COMMUNICATIONS LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2016

- 4 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 May 2015

442,536

100

442,636

Additions

15,412

At 30 April 2016

457,948

100

458,048

Depreciation

At 1 May 2015

150,113

Charge for the year

17,522

At 30 April 2016

167,635

Net book value

At 30 April 2016

290,313

100

290,413

At 30 April 2015

292,424

100

292,524

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

KMH Wireless Limited

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

2016

Principal activity

KMH Wireless Limited

Dormant

Share capital

2016

2015

Allotted, called up and fully paid

200 Ordinary A shares of £1 each

200

200 Ordinary B shares of £1 each

200

400