Company Registration No. SC396144 (Scotland)
Kathchem Ltd.
Unaudited accounts
for the year ended 31 March 2017
Kathchem Ltd.
Unaudited accounts
Contents
Kathchem Ltd.
Company Information
for the year ended 31 March 2017
Director
Senthan Kathirgamanathan
Secretary
Sharon Kathirgamanathan
Company Number
SC396144 (Scotland)
Registered Office
8 Benview Road
Clarkston
Glasgow
G76 7PP
Accountants
Aird Sakol Ltd
8 Benview Road
Clarkston Toll
Glasgow
G76 7PP
Kathchem Ltd.
Statement of financial position
as at 31 March 2017
Cash at bank and in hand
124
479
Creditors: amounts falling due within one year
(2,079)
(1,784)
Net current liabilities
(1,955)
(1,305)
Net liabilities
(1,585)
(870)
Called up share capital
1
1
Profit and loss account
(1,586)
(871)
Shareholders' funds
(1,585)
(870)
For the year ending 31 March 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 31 October 2017.
Senthan Kathirgamanathan
Director
Company Registration No. SC396144
Kathchem Ltd.
Notes to the Accounts
for the year ended 31 March 2017
Kathchem Ltd. is a private company, limited by shares, registered in Scotland, registration number SC396144. The registered office and principal place of business is 8 Benview Road, Clarkston, Glasgow, G76 7PP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Kathchem Ltd.
Notes to the Accounts
for the year ended 31 March 2017
5
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
-
(58)
Loans from directors
1,690
1,452
6
Average number of employees
During the year the average number of employees was 0 (2016: 0).
