Keyword Publications Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 02896536 (England and Wales)

Financial Statements for the Year Ended 31st July 2017

for

Keyword Publications Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G J Sharpe

SECRETARY:

L M Sharpe

REGISTERED OFFICE:

1-3 Manor Road

Chatham

Kent

ME4 6AE

REGISTERED NUMBER:

02896536 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Tangible assets

3

10,427

12,267

Investments

4

1

1

Investment property

5

233,660

233,660

244,088

245,928

CURRENT ASSETS

Debtors

6

552

-

Cash at bank

15,915

9,145

16,467

9,145

CREDITORS

Amounts falling due within one year

7

241,032

235,514

NET CURRENT LIABILITIES

(224,565

)

(226,369

)

TOTAL ASSETS LESS CURRENT LIABILITIES

19,523

19,559

PROVISIONS FOR LIABILITIES

1,981

2,453

NET ASSETS

17,542

17,106

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

8

11,916

11,916

Retained earnings

5,526

5,090

SHAREHOLDERS' FUNDS

17,542

17,106

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 6th April 2018 and were signed by:

G J Sharpe - Director

1.	STATUTORY INFORMATION

Keyword Publications 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.

Plant and machinery etc

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value

is recognised in profit or loss.

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.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st August 2016

and 31st July 2017

20,000

DEPRECIATION

At 1st August 2016

7,733

Charge for year

1,840

At 31st July 2017

9,573

NET BOOK VALUE

At 31st July 2017

10,427

At 31st July 2016

12,267

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st August 2016

and 31st July 2017

1

NET BOOK VALUE

At 31st July 2017

1

At 31st July 2016

1

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st August 2016

and 31st July 2017

233,660

NET BOOK VALUE

At 31st July 2017

233,660

At 31st July 2016

233,660

The director consider the figures above to reflect the fair value of the investment properties held.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

552

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Corporation tax

442

1,795

Tax and social security costs

425

693

Other creditors

239,782

232,693

Accruals and deferred income

383

333

241,032

235,514

8.

RESERVES

Fair

value

reserve

£

At 1st August 2016

and 31st July 2017

11,916