KMC_LIMITED - Accounts


Company Registration Number 05519670 (England and Wales)
KMC LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016
PAGES FOR FILING WITH REGISTRAR
KMC LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2016
31 December 2016
- 1 -
2016
2015
£
£
£
£
Fixed assets
27,210
40,814
Current assets
1,654,390
1,622,479
Prepayments and accrued income
3,946
3,946
Creditors: amounts falling due within one year
(1,272,810)
(1,158,825)
Net current assets
385,526
467,600
Total assets less current liabilities
412,736
508,414
Net assets
412,736
508,414
Capital and reserves
412,736
508,414
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

During the year S Kapoor repaid £265,913 (2015: £999,195) to the company. At the year end £122,227 (2015: £388,140) was owed to the company by S Kapoor, the director. The loan was repaid by 30 September 2017.

KMC Limited is a private company limited by shares incorporated in England and Wales. The registered office is 21 George View House, 36 Knaresborough Drive, London, SW18 4GT.

For the year ended 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.

 

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

KMC LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2016
31 December 2016
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 29 September 2017
S Kapoor
Director
Company Registration Number 05519670
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