Kadari Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 03041961 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2017

for

Kadari Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D G Devey

REGISTERED OFFICE:

Unit 27

Ladford Covert

Seighford

Stafford

Staffordshire

ST18 9QL

REGISTERED NUMBER:

03041961 (England and Wales)

FIXED ASSETS

Tangible assets

4

2,235

2,981

CURRENT ASSETS

Debtors

5

54,164

67,880

Cash at bank

165,352

131,516

219,516

199,396

CREDITORS

Amounts falling due within one year

6

219,960

200,882

NET CURRENT LIABILITIES

(444

)

(1,486

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,791

1,495

PROVISIONS FOR LIABILITIES

425

596

NET ASSETS

1,366

899

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

1,364

897

SHAREHOLDERS' FUNDS

1,366

899

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 director acknowledges his 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.

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

The financial statements were approved by the director on 1 September 2017 and were signed by:

D G Devey - Director

1.	STATUTORY INFORMATION

Kadari 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover is recognised on delivery or when services have been provided resulting in the company obtaining the

right to consideration.

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

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 May 2016

and 30 April 2017

42,252

DEPRECIATION

At 1 May 2016

39,271

Charge for year

746

At 30 April 2017

40,017

NET BOOK VALUE

At 30 April 2017

2,235

At 30 April 2016

2,981

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

54,164

67,880

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Corporation tax payable

4,985

4,907

Other creditors

203,000

184,000

Directors' current accounts

11,000

11,000

Accrued expenses

975

975

219,960

200,882

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Retained

earnings

£

At 1 May 2016

897

Profit for the year

19,467

Dividends

(19,000

)

At 30 April 2017

1,364

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by Miss E C Haynes.