KGNTRAINING Limited,Ltd - AccountsLtd - Accounts

KGNTRAINING Limited,Ltd - AccountsLtd - Accounts

KGNTRAINING LIMITED - Company Information

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2016-10-01 09800549 2017-09-30 09800549 2016-10-01 2017-09-30 09800549 uk-bus:RegisteredOffice 2016-10-01 2017-09-30 09800549 uk-bus:Director1 2016-10-01 2017-09-30 09800549 uk-bus:Director1 2017-09-30 09800549 2016-09-30 09800549 2015-09-29 2016-09-30 09800549 uk-core:WithinOneYear 2016-09-30 09800549 uk-core:WithinOneYear 2017-09-30 09800549 uk-core:ShareCapital 2017-09-30 09800549 uk-core:ShareCapital 2016-09-30 09800549 uk-core:RetainedEarningsAccumulatedLosses 2017-09-30 09800549 uk-core:RetainedEarningsAccumulatedLosses 2016-09-30 iso4217:GBP 09800549 uk-bus:AuditExemptWithAccountantsReport 2016-10-01 2017-09-30 09800549 uk-bus:FRS102 2016-10-01 2017-09-30 09800549 uk-bus:FullAccounts 2016-10-01 2017-09-30 09800549 uk-bus:PrivateLimitedCompanyLtd 2016-10-01 2017-09-30
KGNTRAINING Limited
Registered Number:09800549
For the year ended 30 September 2017
England and Wales
Report of the Director and Unaudited Financial Statements
2
For the year ended 30 September 2017
KGNTRAINING Limited
Contents Page
Company Information
1
2
Director's Report
3
Independent Accountant's Report
4
Income Statement
5
Statement of Financial Position
6
Notes to the Financial Statements
7
Trading and Profit and Loss Account
3
For the year ended 30 September 2017
KGNTRAINING Limited
Company Information
Keegan HARGREAVES
Director
09800549
Registered Number
56 Rose Avenue
Registered Office
South Woodford
London
E18 1JR
Your Local Accountants Limited
Accountant
5 Chigwell Road
London
E18 1LR
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4
For the year ended 30 September 2017
KGNTRAINING Limited
Director's Report
The director presents his report and accounts for the year ended 30 September 2017.
Principal activities
The principal activity of the company continued to be that of Fitness facilities
Director
The director who served the company throughout the year was as follows:
Keegan HARGREAVES
Keegan HARGREAVES
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
07 December 2017
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5
For the year ended 30 September 2017
KGNTRAINING Limited
Independent Accountant's Report
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 30 September 2017 and you consider that the company is exempt from an audit under the Companies Act
2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to
fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
Your Local Accountants Limited
5 Chigwell Road
London
E18 1LR
Date:
07 December 2017
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For the year ended 30 September 2017
KGNTRAINING Limited
Income Statement
2016
£
2017
£
Turnover
25,580
5,364
(490)
Cost of sales
-
4,874
Gross profit
25,580
Distribution costs
(5,400)
-
Administrative expenses
(12,792)
(8,442)
(18,192)
(8,442)
Operating profit
7,388
(3,568)
7,388
(3,568)
Profit before taxation
(745)
-
Taxation
6,643
Profit for the financial year
(3,568)
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7
As at 30 September 2017
KGNTRAINING Limited
Statement of Financial Position
Registered Number :
09800549
£
£
2016
2017
Notes
Current assets
Trade and other receivables
-
1,466
1,466
-
Trade and other payables: amounts falling due within one
year
(3,567)
(1,465)
2
(3,567)
1
Net current assets
Total assets less current liabilities
1
(3,567)
1
Net assets/liabilities
(3,567)
Capital and reserves
Called up share capital
1
1
Retained earnings
-
(3,568)
1
(3,567)
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
Keegan HARGREAVES
These financial statements were approved and authorised for issue by the Board on 07 December 2017 and were signed by:
The notes form part of these financial statements
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For the year ended 30 September 2017
KGNTRAINING Limited
Notes to the Financial Statements
Statutory Information
KGNTRAINING Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 09800549.
Registered address:
56 Rose Avenue
South Woodford
London
E18 1JR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Taxation and social security
745
-
Other creditors
720
3,567
1,465
3,567
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