K&K_09_LIMITED - Accounts

K&K 09 LIMITED - Company Information

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Company Registration No. 06898213 (England and Wales)

K&K 09 LIMITED

ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

K&K 09 LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

K&K 09 LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 NOVEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

537,122

2,725

Current assets

Debtors

11,221

11,600

Creditors: amounts falling due within one year

(595,069)

(13,186)

Net current liabilities

(583,848)

(1,586)

Total assets less current liabilities

(46,726)

1,139

Provisions for liabilities

(392)

(46,726)

747

Capital and reserves

Called up share capital

Profit and loss account

(46,727)

746

Shareholders' funds

(46,726)

747

The accompanying accounting policies and notes form part of these financial statements.

For the financial year ended 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 11 August 2017

Mr A Kuhar

Director

Company Registration No. 06898213

K&K 09 LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for services .for services.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

25% straight line

Fixtures, fittings & equipment

25% straight line

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 December 2015

3,634

Additions

535,574

At 30 November 2016

539,208

Depreciation

At 1 December 2015

909

Charge for the year

1,177

At 30 November 2016

2,086

Net book value

At 30 November 2016

537,122

At 30 November 2015

2,725

K&K 09 LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 NOVEMBER 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary Share of £1 each