R G Kern Limited - Accounts to registrar (filleted) - small 17.3

R G Kern Limited - Accounts to registrar (filleted) - small 17.3

R G KERN LIMITED - Company Information

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REGISTERED NUMBER: 08717195 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2017

for

R G Kern Limited
R G Kern Limited (Registered number: 08717195)






Contents of the Financial Statements
for the Year Ended 31 October 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R G Kern Limited

Company Information
for the Year Ended 31 October 2017







DIRECTOR: R G Kern





REGISTERED OFFICE: C/O ABC Accounting Services
Flexadux House, Grange Road
Corringham Road Ind Est
Gainsborough
Lincolnshire
DN21 1QB





REGISTERED NUMBER: 08717195 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
Flexadux House
Grange Road
Corringham Rd. Ind. Est.
Gainsborough
Lincolnshire
DN21 1QB
Page 1
R G Kern Limited (Registered number: 08717195)

Balance Sheet
31 October 2017

31.10.17 31.10.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,000 7,000
Tangible assets 5 842 615
6,842 7,615

CURRENT ASSETS
Debtors 6 83 -
Cash at bank 12,915 25,736
12,998 25,736
CREDITORS
Amounts falling due within one year 7 4,686 10,566
NET CURRENT ASSETS 8,312 15,170
TOTAL ASSETS LESS CURRENT
LIABILITIES
15,154
22,785

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 15,153 22,784
SHAREHOLDERS' FUNDS 15,154 22,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 28 March 2018 and were signed by:





R G Kern - Director


The notes form part of these financial statements

Page 2
R G Kern Limited (Registered number: 08717195)

Notes to the Financial Statements
for the Year Ended 31 October 2017

1. STATUTORY INFORMATION

R G Kern 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 represents net invoiced sales of goods excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% 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. Due to the immaterial amount involved no provision has been made in the accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 3 continued...
R G Kern Limited (Registered number: 08717195)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2017

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2016
and 31 October 2017 10,000
AMORTISATION
At 1 November 2016 3,000
Amortisation for year 1,000
At 31 October 2017 4,000
NET BOOK VALUE
At 31 October 2017 6,000
At 31 October 2016 7,000

5. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 November 2016 1,126
Additions 567
At 31 October 2017 1,693
DEPRECIATION
At 1 November 2016 511
Charge for year 340
At 31 October 2017 851
NET BOOK VALUE
At 31 October 2017 842
At 31 October 2016 615

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
VAT 83 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Trade creditors 1,221 3,982
Tax 2,865 5,790
VAT - 156
Directors' current accounts - 88
Accrued expenses 600 550
4,686 10,566

Page 4 continued...
R G Kern Limited (Registered number: 08717195)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2017

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £19,750 (2016 - £17,500) were paid to the director .

9. ULTIMATE CONTROLLING PARTY

The controlling party is R G Kern.

At the year end the company owed the director £Nil, (2016,£88).

Page 5