KG VEYRON LIMITED,Ltd - Accounts

KG VEYRON LIMITED - Company Information

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KG VEYRON LIMITED

For the period ended 31 August 2016

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 09194229

KG VEYRON LIMITED

Accountants' Report

For the period ended 31 August 2016

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the

accounts of KG VEYRON LIMITED for the period ended 31 August 2016 which comprise the Profit and Loss

Account, Statement of Recognised Gains and Losses, the Balance Sheet and the related notes from the

company's accounting records and from information and explanations you have given us.

As a practising firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other

professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of KG VEYRON LIMITED, as a body, in accordance with the

terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the

accounts of KG VEYRON LIMITED and state those matters that we have agreed to state to the Board of Directors

of KG VEYRON LIMITED, as a body, in this respect in accordance with the requirements of the Association of

Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent

permitted by law, we do not accept or assume responsibility to anyone other than KG VEYRON LIMITED and its

Board of Directors as a body for our work or for this report.

It is your duty to ensure that KG VEYRON 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 loss of KG VEYRON LIMITED.

You consider that KG VEYRON 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 KG VEYRON 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.

Chapman Green

33 Tapley Road

Chelmsford

Essex

CM1 4XY

27 July 2017

Dated:

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Abbreviated Balance Sheet

KG VEYRON LIMITED

As at 31 August 2016

09194229

Registered Number :

2016

Notes

2015

Fixed assets

Investments

200

Current assets

Debtors

511,303

102,755

Cash at bank and in hand

8,562

59,033

111,317

570,336

Creditors: amounts falling due within one year

(138,500)

(46,766)

431,836

64,551

Net current assets

Total assets less current liabilities

64,751

432,036

64,751

Net assets

432,036

Capital and reserves

Called up share capital

220

200

Profit and loss account

64,531

431,836

64,751

432,036

Shareholders funds

For the period ended 31 August 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 period 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: 27 July 2017

Rajesh Gulrajani Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

KG VEYRON LIMITED

For the period ended 31 August 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).

Group accounts

The company is a parent company subject to the small companies' regime. The company and its subsidiary

comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the

Companies Act 2006 not to prepare group accounts.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2 Fixed asset investments

200

At 01 August 2015

Fixed asset

investments

Cost

At 31 August 2016

200

Net book value

At 01 August 2015

At 31 August 2016

200

Debtors include an amount of £15680 (2015: £0) falling due after more than one year

3 Debtors:

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Notes to the Abbreviated Financial Statements

KG VEYRON LIMITED

For the period ended 31 August 2016

4 Share capital

Allotted called up and fully paid

2016

2015

100 Ordinary Shares shares of £1.00 each

100

100 Ordinary 'A' Shares shares of £1.00 each

100

20 Ordinary 'G' Shares shares of £1.00 each

220

200

20 Ordinary 'G' Shares £1.00 shares have been issued during the period at par for a cash consideration of £20.

5 Loan to Directors

At 01/08/2015

Loaned

Repaid

At 31/08/2016

Interest

Rajesh Gulrajani

Director Loan Advance

511,303

467,074

44,229

511,303

467,074

44,229

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