Company Registration No. 9518136 (England and Wales)
KPSP LImited
Unaudited accounts
for the year ended 31 March 2017
KPSP LImited
Unaudited accounts
Contents
KPSP LImited
Company Information
for the year ended 31 March 2017
Directors
Mr S B Pinkham
Mrs K L Pinkham
Company Number
9518136 (England and Wales)
Registered Office
5 Brook Farm Court
Willoughby on the Wolds
Loughborough
Leicestershire
LE12 6SL
England
Accountants
Tax Architecture LLP
51a Mount Pleasant
Keyworth
Nottingham
Nottinghamshire
NG12 5EP
KPSP LImited
Statement of financial position
as at 31 March 2017
Tangible assets
8,330
11,107
Cash at bank and in hand
15,592
8,064
Creditors: amounts falling due within one year
(26,579)
(18,496)
Net current assets/(liabilities)
65,519
(10,432)
Called up share capital
100
100
Profit and loss account
73,749
575
Shareholders' funds
73,849
675
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 directors acknowledge their 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 11 December 2017.
Mr S B Pinkham
Director
Company Registration No. 9518136
KPSP LImited
Notes to the Accounts
for the year ended 31 March 2017
KPSP LImited is a private company, limited by shares, registered in England and Wales, registration number 9518136. The registered office is 5 Brook Farm Court, Willoughby on the Wolds, Loughborough, Leicestershire, LE12 6SL, England.
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
25% reducing balance
4
Tangible fixed assets
Plant & machinery
KPSP LImited
Notes to the Accounts
for the year ended 31 March 2017
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
18,987
9,867
Proposed dividends
7,592
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans to and from the company
4,315
-
43,956
(39,641)
Loans to and from the company
4,314
-
43,956
(39,642)
Loans are interest free and repayable on demand and were repaid to the company within nine months of the year end
8
Average number of employees
During the year the average number of employees was 1 (2016: 0).
