KC Analytics Limited - Abbreviated accounts 16.3
KC Analytics Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Accounts For The Year Ended 31 August 2016 |
| for |
| KC Analytics Limited |
| KC Analytics Limited (Registered number: SC430039) |
| Contents of the Abbreviated Accounts |
| For The Year Ended 31 August 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| KC Analytics Limited |
| Company Information |
| For The Year Ended 31 August 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| KC Analytics Limited (Registered number: SC430039) |
| Abbreviated Balance Sheet |
| 31 August 2016 |
| 2016 | 2015 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 2 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the director on |
| KC Analytics Limited (Registered number: SC430039) |
| Notes to the Abbreviated Accounts |
| For The Year Ended 31 August 2016 |
| 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 is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the |
| goods are physically delivered to the customer. Turnover from the supply of services represents the value of |
| services provided under contracts to the extent that there is a right to consideration and is recorded at the value |
| of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover |
| represents the value of the service provided to the date based on a proportion of the total contract value. Where |
| payments are received from customers in advance of services provided, the amounts are recorded as Deferred |
| Income and included as part of Creditors due within one year. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date where transactions or events that result in an obligation to pay more tax in the future, or a right to pay |
| less tax in the future, have occurred at the balance sheet date. Timing differences are differences between the |
| Company's taxable profits and its results as stated in the financial statements that arise from the inclusion of |
| gains or losses in tax assessments in periods different from those in which they are recognised in the financial |
| statements. Deferred tax assets are recognised to the extent they are recoverable and where future taxable profits |
| are anticipated. |
| Deferred tax is measured at the average tax rates that are expected to apply in the periods in which the timing |
| differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted |
| by the balance sheet date. Deferred tax is measured on a non-discounted basis. |
| 2. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |