K-STAR PROMOTIONS LIMITED,Ltd - Accounts

K-STAR PROMOTIONS LIMITED,Ltd - Accounts

K-STAR PROMOTIONS LIMITED - Company Information

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2015-06-01 true false Private Limited Company 03567383 2016-05-31 03567383 2015-06-01 2016-05-31 03567383 2015-05-31 03567383 2014-06-01 2015-05-31 03567383 uk-bus:Director1 2015-06-01 2016-05-31 03567383 uk-gaap:FixturesFittingsToolsEquipment 2015-06-01 2016-05-31 03567383 uk-bus:AllOrdinaryShares 2016-05-31 iso4217:GBP
K-STAR PROMOTIONS LIMITED
For the year ended 31 May 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 03567383
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K-STAR PROMOTIONS LIMITED
Accountants' Report
For the year ended 31 May 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 May 2016 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to
fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.
R Pyatt FCA
Jaguar House
Cecil Street
Birmingham
B19 3ST
20 February 2017
Dated:
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Abbreviated Balance Sheet
K-STAR PROMOTIONS LIMITED
As at 31 May 2016
03567383
Registered Number :
£
£
2016
Notes
2015
Fixed assets
Tangible assets
2
545
161
545
161
Current assets
Cash at bank and in hand
36,187
11,807
36,187
11,807
Creditors: amounts falling due within one year
(4,436)
(15,317)
7,371
20,870
Net current assets
Total assets less current liabilities
21,415
7,532
21,415
Net assets
7,532
Capital and reserves
Called up share capital
2
3
2
Profit and loss account
21,413
7,530
21,415
7,532
Shareholders funds
For the year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 20 February 2017
Steve Logan Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
K-STAR PROMOTIONS LIMITED
For the year ended 31 May 2016
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less depreciation . Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings
15% Reducing balance
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
1,614
At 01 June 2015
480
Additions
At 31 May 2016
2,094
Depreciation
1,453
At 01 June 2015
96
Charge for year
1,549
At 31 May 2016
Net book values
At 31 May 2016
545
161
At 31 May 2015
3 Share capital
Allotted called up and fully paid
2016
2015
£
£
2 Ordinary shares of £1.00 each
2
2
2
2
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