KCG International Limited - Accounts to registrar (filleted) - small 17.3

KCG INTERNATIONAL LIMITED - Company Information

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KCG INTERNATIONAL LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2016

Page

Company Information

Balance Sheet

Notes to the Financial Statements

DIRECTOR:

A Kazhegeldin

REGISTERED OFFICE:

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

REGISTERED NUMBER:

05309809 (England and Wales)

ACCOUNTANTS:

Halsey & Co (Accountants) Ltd.

Chartered Certified Accountants

Registered Auditors

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

FIXED ASSETS

Tangible assets

2,078

CURRENT ASSETS

Debtors

211,188

Cash at bank

253,988

75,008

465,176

75,008

CREDITORS

Amounts falling due within one year

127,517

31,807

NET CURRENT ASSETS

337,659

43,201

TOTAL ASSETS LESS CURRENT
LIABILITIES

339,737

43,201

CREDITORS

Amounts falling due after more than one
year

(1,549

)

PROVISIONS FOR LIABILITIES

(416

)

NET ASSETS

339,321

41,652

CAPITAL AND RESERVES

Called up share capital

Retained earnings

339,319

41,650

SHAREHOLDERS' FUNDS

339,321

41,652

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 12th December 2017 and were signed by:

A Kazhegeldin - Director

1.	STATUTORY INFORMATION

KCG International 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.

Computer equipment

25% on cost

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	TANGIBLE FIXED ASSETS

Computer

equipment

COST

At 1st January 2016

2,316

Additions

2,770

At 31st December 2016

5,086

DEPRECIATION

At 1st January 2016

2,316

Charge for year

692

At 31st December 2016

3,008

NET BOOK VALUE

At 31st December 2016

2,078

At 31st December 2015

DEBTORS

31.12.16

31.12.15

Amounts falling due within one year:

Other debtors

178,877

Amounts falling due after more than one year:

Other debtors

32,311

Aggregate amounts

211,188

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

Trade creditors

3,561

Taxation and social security

123,956

28,246

127,517

31,807

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.16

31.12.15

Other creditors

1,549

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.16

31.12.15

value:

Ordinary 'A'

£1

Ordinary 'B'

£1

8.	FIRST YEAR ADOPTION

This is the first year that the company has presented its results under FRS 102. The last financial statements

under UK GAAP were for the period ended 31 December 2015. The date of transition to FRS 102 was 1 January

2015. There have been no significant changes in accounting policies for the company as the result of transition to

FRS102 and a reconciliation of profit for the period ended 31 December 2015 and equity as at 1 Jan 2015 and

31 December 2015 between UK GAAP as previously reported and FRS 102 are not required as there are no

changes to the figures presented.