Karth Limited Micro-entity accounts

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COMPANY REGISTRATION NUMBER: SC410185

Karth Limited

Filleted Unaudited Financial Statements

31 October 2017

Karth Limited

Financial Statements

Year ended 31 October 2017

Contents	Page

Statement of financial position and the notes to the financial statements	1

Karth Limited

Statement of Financial Position

31 October 2017

	2017		2016
	£	£	£
Fixed assets		328	583
		----	----

Current assets	37,224		42,487
Prepayments and accrued income	-		48
	--------		--------
		37,224	42,535

Creditors: amounts falling due within one year	15,004	10,549
	--------	--------
Net current assets	22,220	31,986
	--------	--------
Total assets less current liabilities	22,548	32,569

Accruals and deferred income	994	1,254
	--------	--------
	21,554	31,315
	--------	--------

Capital and reserves	21,554	31,315
	--------	--------

Notes to the financial statements

1. Transactions with director

The company was under the control of Mr Reid throughout the current and previous year. Mr Reid is the managing director and sole shareholder. At the year end, Mr Reid was due the company £29,693 (2016 - £29,693). Market rate of interest is charged on the loan. During the year, dividends of £38,427 (2016 - £27,256) were paid to Mr Reid.

For the year ending 31 October 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 7 March 2018 , and are signed on behalf of the board by:

Mr A Reid
Director

Company registration number: SC410185

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 4 Albert Street, Aberdeen, AB25 1XQ.