Key4Performance Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04227823 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2017

for

Key4performance Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J Barnes

SECRETARY:

REGISTERED OFFICE:

c/o KKVMS LLP

Capital Tower

91 Waterloo Road

London

SE1 8RT

REGISTERED NUMBER:

04227823 (England and Wales)

ACCOUNTANTS:

KKVMS LLP

Chartered Certified Accountants

Capital Tower

91 Waterloo Road

London

SE1 8RT

FIXED ASSETS

Tangible assets

4

826,634

826,634

CURRENT ASSETS

Debtors

5

54,388

45,205

Cash at bank

2,307

3,830

56,695

49,035

CREDITORS

Amounts falling due within one year

6

287,216

273,953

NET CURRENT LIABILITIES

(230,521

)

(224,918

)

TOTAL ASSETS LESS CURRENT LIABILITIES

596,113

601,716

CREDITORS

Amounts falling due after more than one year

7

569,000

565,163

NET ASSETS

27,113

36,553

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

(22,887

)

(13,447

)

27,113

36,553

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 23 February 2018 and were signed by:

R J Barnes - Director

1.	STATUTORY INFORMATION

Key4performance 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 July 2016

and 30 June 2017

826,634

NET BOOK VALUE

At 30 June 2017

826,634

At 30 June 2016

826,634

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

10,145

962

Other debtors

44,243

44,243

54,388

45,205

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

25,714

12,201

Taxation and social security

2

238

Other creditors

261,500

261,514

287,216

273,953

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans

569,000

565,163

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

569,000

565,163