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KERRY BUSINESS SYSTEMS LIMITED - Company Information

Company Accounts and Tax Online 06779008 Board of Directors 1.1.16 31.12.16 31.12.16 false iso4217:GBP xbrli:pure 06779008 2015-01-01 2015-12-31 06779008 2016-12-31 06779008 2016-01-01 2016-12-31 06779008 2015-12-31 06779008 countries:EnglandWales 2016-01-01 2016-12-31 06779008 curr:PoundSterling 2016-01-01 2016-12-31 06779008 uk-bus:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31 06779008 uk-bus:OtherStandards 2016-01-01 2016-12-31 06779008 uk-bus:AuditExempt-NoAccountantsReport 2016-01-01 2016-12-31 06779008 uk-bus:AbridgedAccounts 2016-01-01 2016-12-31 06779008 uk-bus:RegisteredOffice 2016-01-01 2016-12-31 06779008 uk-bus:Director1 2016-01-01 2016-12-31 06779008 uk-bus:Director1 2016-01-01 06779008 uk-bus:Director1 2016-12-31 06779008 core:AfterOneYear 2016-12-31 06779008 core:AfterOneYear 2015-12-31 06779008 core:WithinOneYear 2016-12-31 06779008 core:WithinOneYear 2015-12-31 06779008 core:WithinOneYear 2016-01-01 2016-12-31 06779008 core:AfterOneYear 2016-12-31 06779008 core:AfterOneYear 2015-12-31 06779008 core:AfterOneYear 2016-01-01 2016-12-31 06779008 core:ShareCapital 2016-12-31 06779008 core:ShareCapital 2015-12-31 06779008 core:RevaluationReserve 2016-12-31 06779008 core:RevaluationReserve 2015-12-31 06779008 core:RetainedEarningsAccumulatedLosses 2016-12-31 06779008 core:RetainedEarningsAccumulatedLosses 2015-12-31 06779008 1 2016-01-01 2016-12-31

Company Registration Number:
06779008 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2016

Period of accounts

Start date: 01 January 2016

End date: 31 December 2016

Contents of the Financial Statements

for the Period Ended 31 December 2016


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Directors' Report Period Ended 31 December 2016

The directors present their report with the financial statements of the company for the period ended 31 December 2016

Principal Activities

The provision of business and management consultancy services

Directors

The directors shown below have held office during the whole of the period from 01 January 2016 to 31 December 2016
Martyn Frederick Kerry

This report was approved by the board of directors on 29 October 2017
And Signed On Behalf Of The Board By:

Name: Martyn Frederick Kerry
Status: Director

Profit and Loss Account

for the Period Ended 31 December 2016

	2016 £	2015 £
Gross Profit or (Loss)	89,971	77,220
Administrative Expenses	(19,654)	(20,133)
Operating Profit or (Loss)	70,317	57,087
Profit or (Loss) Before Tax	70,317	57,087
Tax on Profit	(14,257)	(11,547)
Profit or (Loss) for Period	56,060	45,540

The notes form part of these financial statements

Balance sheet

As at 31 December 2016

	Notes	2016 £	2015 £
Fixed assets
Tangible assets:	4	3,243	3,911
Total fixed assets:		3,243	3,911
Current assets
Debtors:		9,250	89,791
Cash at bank and in hand:		182,104	65,431
Total current assets:		191,354	155,222
Creditors: amounts falling due within one year:		( 63,690 )	( 55,786 )
Net current assets (liabilities):		127,664	99,436
Total assets less current liabilities:		130,907	103,347
Total net assets (liabilities):		130,907	103,347

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2016

	2016 £	2015 £
Capital and reserves
Called up share capital:	100	100
Profit and loss account:	130,807	103,247
Shareholders funds:	130,907	103,347

For the year ending 31 December 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 October 2017
And Signed On Behalf Of The Board By:

Name: Martyn Frederick Kerry
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2016

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy

Turnover represents the invoiced value of services provided stated net of Value Added Tax.

Tangible fixed assets depreciation policy

Depreciation is calculated so as to write off the cost of tangible fixed assets over their estimated useful lives, as follows:

IT Equipment - 20% reducing balance
Other Equipment - 20% reducing balance

A full year’s depreciation charge is applied for the financial year within which an asset is acquired. No depreciation charge is applied in the financial year within which an asset is disposed of.

Intangible fixed assets amortisation policy

The company had no intangible fixed assets throughout the accounting period.

Valuation information and policy

All assets are valued at the lower of cost or net realisable value.

Notes to the Financial Statements

for the Period Ended 31 December 2016

2. Dividends

	2016 £	2015 £
Dividends paid	28,500	28,500

Notes to the Financial Statements

for the Period Ended 31 December 2016

3. Employees

	2016	2015
Average number of employees during the period	1	1

The company employed one staff member who was also the sole director throughout the year.

Notes to the Financial Statements

for the Period Ended 31 December 2016

4. Tangible Assets

	Total
Cost	£
At 01 January 2016	9,101
Additions	143
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2016	9,244
Depreciation
At 01 January 2016	5,190
Charge for year	811
On disposals	-
Other adjustments	-
At 31 December 2016	6,001
Net book value
At 31 December 2016	3,243
At 31 December 2015	3,911

All assets are shown at the lower of cost or net realisable value

Director:		Martyn Frederick Kerry


Registered office:		24 Casita Grove Kenilworth Warwickshire CV8 2QA


Company Registration Number:		06779008 (England and Wales)

Accounts Submission