Abbreviated Company Accounts - KGMC LTD

Abbreviated Company Accounts - KGMC LTD

KGMC LTD - Company Information

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Registered Number 06234113

KGMC LTD

Abbreviated Accounts

31 May 2016

KGMC LTD Registered Number 06234113

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 218,698 219,390
218,698 219,390
Current assets
Stocks 18,560 29,950
Cash at bank and in hand 430 914
18,990 30,864
Creditors: amounts falling due within one year (13,044) (11,254)
Net current assets (liabilities) 5,946 19,610
Total assets less current liabilities 224,644 239,000
Creditors: amounts falling due after more than one year (206,686) (220,205)
Total net assets (liabilities) 17,958 18,795
Capital and reserves
Called up share capital 100 100
Profit and loss account 17,858 18,695
Shareholders' funds 17,958 18,795
  • For the year ending 31 May 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 13 February 2017

And signed on their behalf by:
MR K ERDOGAN, Director

KGMC LTD Registered Number 06234113

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 June 2015 232,555
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 232,555
Depreciation
At 1 June 2015 13,165
Charge for the year 692
On disposals -
At 31 May 2016 13,857
Net book values
At 31 May 2016 218,698
At 31 May 2015 219,390