K M Homes Limited - Accounts to registrar - small 17.2

K M Homes Limited - Accounts to registrar - small 17.2

K M HOMES LIMITED - Company Information

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REGISTERED NUMBER: 06344397















Unaudited Financial Statements for the Year Ended 28 February 2017

for

K M Homes Limited

K M Homes Limited (Registered number: 06344397)






Contents of the Financial Statements
for the Year Ended 28 February 2017




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


K M Homes Limited

Company Information
for the Year Ended 28 February 2017







DIRECTORS: K Robbins
M Robbins





SECRETARY: M Robbins





REGISTERED OFFICE: Unit A,
Lewin House
The Sttreet
RADSTOCK
BA3 3FJ





REGISTERED NUMBER: 06344397





ACCOUNTANTS: Graham Long and Company
Chartered Management Accountants
Unit A
Lewin House
The Street
RADSTOCK
BA3 3FJ
Page 1
K M Homes Limited (Registered number: 06344397)

Statement of Financial Position
28 February 2017

28.2.17 29.2.16
Notes £    £   
CURRENT ASSETS
Stocks - 156,196
Debtors 3 622 10,139
Cash at bank 127,124 2,181
127,746 168,516
CREDITORS
Amounts falling due within one year 4 24,786 10,792
NET CURRENT ASSETS 102,960 157,724
TOTAL ASSETS LESS CURRENT
LIABILITIES
102,960
157,724

CREDITORS
Amounts falling due after more than one
year
5
-
109,938
NET ASSETS 102,960 47,786

CAPITAL AND RESERVES
Called up share capital 3 2
Retained earnings 102,957 47,784
SHAREHOLDERS' FUNDS 102,960 47,786

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 notes form part of these financial statements

Page 2 continued...
K M Homes Limited (Registered number: 06344397)

Statement of Financial Position - continued
28 February 2017


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.

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 8 August 2017 and were signed on its
behalf by:





M Robbins - Director


The notes form part of these financial statements

Page 3
K M Homes Limited (Registered number: 06344397)

Notes to the Financial Statements
for the Year Ended 28 February 2017

1. STATUTORY INFORMATION

K M Homes Limited is a private company, limited by shares , registered in Not specified/Other. The
company's registered number and registered office address can be found on the Company Information
page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling
costs in bringing stocks to their present location and condition.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.17 29.2.16
£    £   
Other debtors 622 10,139

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.17 29.2.16
£    £   
Trade creditors 7 7
Taxation and social security 24,265 -
Other creditors 514 10,785
24,786 10,792

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.17 29.2.16
£    £   
Bank loans - 109,938

Page 4 continued...
K M Homes Limited (Registered number: 06344397)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2017

6. RELATED PARTY DISCLOSURES

The directors control the company by virtue of holding 100% of the issued ordinary share capital.

Page 5