KDMB Consulting Limited - Period Ending 2016-07-31

Registration number: 08623478

KDMB Consulting Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2016
 

Clever Accounts Limited
Brookfield Court
Selby Road
Garforth, Leeds
LS25 1NB

KDMB Consulting Limited
Contents

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
KDMB Consulting Limited
for the Year Ended 31 July 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of KDMB Consulting Limited for the year ended 31 July 2016 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

It is your duty to ensure that KDMB Consulting Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of KDMB Consulting Limited. You consider that KDMB Consulting Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of KDMB Consulting Limited. 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 accounts.

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......................................
Clever Accounts Limited
Brookfield Court
Selby Road
Garforth, Leeds
LS25 1NB

24 April 2017

Page 1

KDMB Consulting Limited
(Registration number: 08623478)
Abbreviated Balance Sheet at 31 July 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					2,181			-
Current assets
Debtors					-			1,944
Cash at bank and in hand					13,344			1,577
					13,344			3,521
Creditors: Amounts falling due within one year					(24,038)			(11,295)
Net current liabilities					(10,694)			(7,774)
Net liabilities					(8,513)			(7,774)
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					(8,515)			(7,776)
Shareholders' deficit					(8,513)			(7,774)

For the year ending 31 July 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 24 April 2017 and signed on its behalf by:

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.........................................
Mr Mark Burgess
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

KDMB Consulting Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	33% straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as 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. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		3,255			3,255
At 31 July 2016		3,255			3,255
Depreciation
Charge for the year		1,074			1,074
At 31 July 2016		1,074			1,074
Net book value
At 31 July 2016		2,181			2,181

Page 3

KDMB Consulting Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 4