Kbeverage Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09587927 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 13 May 2015 to 31 May 2016

for

Kbeverage Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTOR:

A Yadav

REGISTERED OFFICE:

Office No.17 - Oak Lodge Business Centre

Little Melton

Norwich

NR9 3LB

REGISTERED NUMBER:

09587927 (England and Wales)

ACCOUNTANTS:

Andrew Bloy Ltd

Chartered Accountants

10 Hobart Road

Loddon

Norfolk

NR14 6LD

FIXED ASSETS

Intangible assets

2

24,375

Tangible assets

3

442,512

466,887

CURRENT ASSETS

Debtors

87,105

Cash at bank

207,577

294,682

CREDITORS

Amounts falling due within one year

410,098

NET CURRENT LIABILITIES

(115,416

)

TOTAL ASSETS LESS CURRENT LIABILITIES

351,471

CREDITORS

Amounts falling due after more than one year

353,300

NET LIABILITIES

(1,829

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(1,929

)

SHAREHOLDERS' FUNDS

(1,829

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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 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 director on 25 January 2017 and were signed by:

A Yadav - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

25,000

At 31 May 2016

25,000

AMORTISATION

Amortisation for period

625

At 31 May 2016

625

NET BOOK VALUE

At 31 May 2016

24,375

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

459,658

At 31 May 2016

459,658

DEPRECIATION

Charge for period

17,146

At 31 May 2016

17,146

NET BOOK VALUE

At 31 May 2016

442,512

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

ordinary

£1

100

100 ordinary shares of £1 were issued during the period for cash of £ 100 .

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

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

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 Kbeverage Ltd for the period ended 31 May 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Kbeverage Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kbeverage Ltd and state those matters that we have agreed to state to the director of Kbeverage Ltd in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Kbeverage Ltd 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 loss of Kbeverage Ltd. You consider that Kbeverage Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Kbeverage Ltd. 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.

Andrew Bloy Ltd

Chartered Accountants

10 Hobart Road

Loddon

Norfolk

NR14 6LD

25 January 2017