Kinns Mortgage Solutions Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05942406 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

KINNS MORTGAGE SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Kinns

SECRETARY:

Mrs D J Kinns

REGISTERED OFFICE:

45 Day's Lane

Biddenham

Bedford

MK40 4AE

REGISTERED NUMBER:

05942406 (England and Wales)

ACCOUNTANTS:

80K Limited

45 Day's Lane

Biddenham

Bedford

Bedfordshire

MK40 4AE

FIXED ASSETS

Tangible assets

2

CURRENT ASSETS

Debtors

-

5,360

Cash at bank

65,351

86,323

65,351

91,683

CREDITORS

Amounts falling due within one year

(15,458

)

(37,150

)

NET CURRENT ASSETS

49,893

54,533

TOTAL ASSETS LESS CURRENT
LIABILITIES

49,895

54,535

CAPITAL AND RESERVES

Called up share capital

3

200

Profit and loss account

49,695

54,335

SHAREHOLDERS' FUNDS

49,895

54,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 30 January 2017 and were signed by:

J Kinns - 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 services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

9,532

DEPRECIATION

At 1 October 2015

and 30 September 2016

9,530

NET BOOK VALUE

At 30 September 2016

2

At 30 September 2015

2

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

Ordinary A

£1

100

200