K W Fork Trucks Limited - Accounts to registrar - small 17.2

K W Fork Trucks Limited - Accounts to registrar - small 17.2

KW FORK TRUCKS LIMITED - Company Information

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REGISTERED NUMBER: 05363353 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 April 2017

for

K W Fork Trucks Limited

K W Fork Trucks Limited (Registered number: 05363353)






Contents of the Financial Statements
for the Year Ended 30 April 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


K W Fork Trucks Limited

Company Information
for the Year Ended 30 April 2017







DIRECTORS: Mr K Wills
Mrs C Wills





REGISTERED OFFICE: Kings Lodge
London Road
West Kingsdown
Sevenoaks
Kent
TN15 6AR





REGISTERED NUMBER: 05363353 (England and Wales)





ACCOUNTANTS: A4G LLP
Kings Lodge
London Road
West Kingsdown
Sevenoaks
Kent
TN15 6AR
Page 1
K W Fork Trucks Limited (Registered number: 05363353)

Abridged Balance Sheet
30 April 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,360 3,307

CURRENT ASSETS
Debtors 15,055 17,514
Cash at bank and in hand 21,101 19,588
36,156 37,102
CREDITORS
Amounts falling due within one year 21,051 33,923
NET CURRENT ASSETS 15,105 3,179
TOTAL ASSETS LESS CURRENT
LIABILITIES
18,465
6,486

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 18,365 6,386
SHAREHOLDERS' FUNDS 18,465 6,486

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 4 September 2017 and were signed on its behalf
by:





Mr K Wills - Director


The notes form part of these financial statements

Page 2
K W Fork Trucks Limited (Registered number: 05363353)

Notes to the Financial Statements
for the Year Ended 30 April 2017

1. STATUTORY INFORMATION

K W Fork Trucks Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Sales comprise the fair value of the consideration received or receivable for the sale of rendering of services in
the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and
discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that
future economic benefits will flow to the entity and when specific criteria have been met for each of the
company's activities as follows:

Revenue from the sale of services is recognised at the point at which those services have been provided to the
customer. 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.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

Page 3 continued...
K W Fork Trucks Limited (Registered number: 05363353)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2017

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2016 23,315
Additions 1,590
At 30 April 2017 24,905
DEPRECIATION
At 1 May 2016 20,008
Charge for year 1,537
At 30 April 2017 21,545
NET BOOK VALUE
At 30 April 2017 3,360
At 30 April 2016 3,307

6. RELATED PARTY DISCLOSURES

During the year the company repaid £6,113 in respect of money loaned from the director, Mr K Wills. This
therefore leaves total loans owed to the director, Mr K Wills, at the year end of £1,788 (2016: £7,901) held under
creditors due within one year. The loan is made to the company interest free and is repayable on demand.

During the year the company repaid £6,113 in respect of money loaned from the director, Mrs C Wills. This
therefore leaves total loans owed to the director, Mrs C Wills, at the year end of £1,788 (2016: £7,901) held
under creditors due within one year. The loan is made to the company interest free and is repayable on demand.

.

Page 4