KC Administration (UK) Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 09353018 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

KC Administration (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A J Cox

K Cox

REGISTERED OFFICE:

58 Sundown Road

Sheffield

South Yorkshire

S13 8UE

REGISTERED NUMBER:

09353018 (England and Wales)

ACCOUNTANTS:

Allround Accountancy Services Limited

Penmore House

Hasland Road

Hasland

Chesterfield

Derbyshire

S41 0SJ

FIXED ASSETS

Tangible assets

4

253

-

CURRENT ASSETS

Debtors

5

2,000

3,750

Cash at bank

7,007

310

9,007

4,060

CREDITORS

Amounts falling due within one year

6

8,007

2,960

NET CURRENT ASSETS

1,000

1,100

TOTAL ASSETS LESS CURRENT LIABILITIES

1,253

1,100

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,153

1,000

SHAREHOLDERS' FUNDS

1,253

1,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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.

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 14 August 2017 and were signed on its behalf by:

A J Cox - Director

K Cox - Director

1.	STATUTORY INFORMATION

KC Administration (UK) 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.	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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

379

At 31 December 2016

379

DEPRECIATION

Charge for year

126

At 31 December 2016

126

NET BOOK VALUE

At 31 December 2016

253

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

2,000

3,750

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

1

67

Taxation and social security

7,374

2,275

Other creditors

632

618

8,007

2,960

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 December 2016 and the

period ended 31 December 2015:

2016

2015

£

£

A J Cox and K Cox

Balance outstanding at start of year

(168

)

-

Amounts advanced

136

-

Amounts repaid

-

(168

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(32

)

(168

)

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £29,250 (2015 - £8,000) were paid to the directors .

The company provided services to A Cox who is a director of the company on normal commercial terms

amounting to £12,000 (2015:£12,750).

The amount due to the company at the balance sheet date was £1,000 (2015:£3,750).