KWLC (UK) Limited - Abbreviated accounts 16.3

KWLC (UK) Limited - Abbreviated accounts 16.3


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REGISTERED NUMBER: 06547095 (England and Wales)















Abbreviated Unaudited Accounts

for the Period 1 April 2015 to 30 March 2016

for

KWLC (UK) Limited

KWLC (UK) Limited (Registered number: 06547095)






Contents of the Abbreviated Accounts
for the Period 1 April 2015 to 30 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

KWLC (UK) Limited

Company Information
for the Period 1 April 2015 to 30 March 2016







DIRECTORS: K D Ward
Mrs H K Ward





SECRETARY: Mrs H K Ward





REGISTERED OFFICE: 701-702 Merlin Park
Ringtail Road
Burscough
Ormskirk
Lancashire
L40 8JY





REGISTERED NUMBER: 06547095 (England and Wales)





ACCOUNTANTS: Sawyer Quine & Co
202 Merlin Park
Ringtail Road
Burscough
Ormskirk
Lancashire
L40 8JY

KWLC (UK) Limited (Registered number: 06547095)

Abbreviated Balance Sheet
30 March 2016

30.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - 27,000
Tangible assets 3 - 18,822
- 45,822

CURRENT ASSETS
Debtors 1,205,206 461,523
Cash at bank 933,492 2,383,914
2,138,698 2,845,437
CREDITORS
Amounts falling due within one year 257,310 619,015
NET CURRENT ASSETS 1,881,388 2,226,422
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,881,388

2,272,244

PROVISIONS FOR LIABILITIES - 3,765
NET ASSETS 1,881,388 2,268,479

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 1,881,288 2,268,379
SHAREHOLDERS' FUNDS 1,881,388 2,268,479

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

KWLC (UK) Limited (Registered number: 06547095)

Abbreviated Balance Sheet - continued
30 March 2016


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 Board of Directors on 29 June 2017 and were signed on its behalf by:





K D Ward - Director


KWLC (UK) Limited (Registered number: 06547095)

Notes to the Abbreviated Accounts
for the Period 1 April 2015 to 30 March 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 represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

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 - 25% 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.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 90,000
Disposals (90,000 )
At 30 March 2016 -
AMORTISATION
At 1 April 2015 63,000
Eliminated on disposal (63,000 )
At 30 March 2016 -
NET BOOK VALUE

At 30 March 2016 -
At 31 March 2015 27,000

KWLC (UK) Limited (Registered number: 06547095)

Notes to the Abbreviated Accounts - continued
for the Period 1 April 2015 to 30 March 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 76,376
Disposals (76,376 )
At 30 March 2016 -
DEPRECIATION
At 1 April 2015 57,554
Charge for period (57,554 )
At 30 March 2016 -
NET BOOK VALUE
At 30 March 2016 -
At 31 March 2015 18,822

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.3.16 31.3.15
value: £    £   
100 Ordinary Shares £1 100 100