I.D. Knapp Limited - Period Ending 2016-12-31

Registration number: 05315402

I.D. Knapp Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2016

Burton Sweet
Chartered Certified Accountants
Cornerstone House
Midland Way
Thornbury
Bristol
BS35 2BS

I.D. Knapp Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 5
Notes to the Financial Statements	4

I.D. Knapp Limited

Company Information

Director

Mr I D Knapp

Registered office

Cornerstone House Midland Way Thornbury Bristol BS35 2BS

Accountants

Burton Sweet Chartered Certified Accountants Cornerstone House Midland Way Thornbury Bristol BS35 2BS

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Page 1

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
I.D. Knapp Limited
for the Year Ended 31 December 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of I.D. Knapp Limited for the year ended 31 December 2016 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/discover/public-value/rulebook.html.

This report is made solely to the Board of Directors of I.D. Knapp Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of I.D. Knapp Limited and state those matters that we have agreed to state to the Board of Directors of I.D. Knapp Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than I.D. Knapp Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that I.D. Knapp Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of I.D. Knapp Limited. You consider that I.D. Knapp Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of I.D. Knapp Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Burton Sweet
Chartered Certified Accountants
Cornerstone House
Midland Way
Thornbury
Bristol
BS35 2BS

14 September 2017

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Page 2

I.D. Knapp Limited

(Registration number: 05315402)
Balance Sheet as at 31 December 2016

	Note	2016 £	2015 £
Fixed assets		6,577	6,703
Current assets		75,613	78,492
Prepayments and accrued income		2,392	2,260
Creditors: Amounts falling due within one year		(60,699)	(71,360)
Net current assets		17,306	9,392
Total assets less current liabilities		23,883	16,095
Accruals and deferred income		(1,400)	(1,400)
		22,483	14,695
Capital and reserves		22,483	14,695

The notes on page 4 form an integral part of these financial statements.

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Page 3

I.D. Knapp Limited

(Registration number: 05315402)
Balance Sheet as at 31 December 2016

Notes to the Financial Statements for the Year Ended 31 December 2016

1	General information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
Cornerstone House
Midland Way
Thornbury
Bristol
BS35 2BS

These financial statements were authorised for issue by the director on 14 September 2017.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Related party transactions

Transactions with directors

2016	At 1 January 2016 £	Advances to directors £	Repayments by director £	At 31 December 2016 £
	(34,093)	14,142	(6,952)	(26,903)

2015	At 1 January 2015 £	Advances to directors £	Repayments by director £	At 31 December 2015 £
	(22,662)	7,877	(19,307)	(34,093)

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Page 4

I.D. Knapp Limited

(Registration number: 05315402)
Balance Sheet as at 31 December 2016

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 14 September 2017
 

.........................................

Mr I D Knapp

Director

The notes on page 4 form an integral part of these financial statements.

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Page 5