K.S.C. 1T LIMITED

K.S.C. 1T LIMITED

K.S.C. 1T LIMITED - Company Information

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K.S.C. 1T LIMITED

Company Registration Number:
04762643 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2017

Period of accounts

Start date: 31 October 2016

End date: 31 October 2017

K.S.C. 1T LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2017

Balance sheet
Notes

K.S.C. 1T LIMITED

Balance sheet

As at 31 October 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets: 2 2,140,112 4,347,361
Tangible assets: 3 615,699 684,110
Total fixed assets: 2,755,811 5,031,471
Current assets
Stocks: 264,381 758,967
Debtors:   672,554 1,345,202
Cash at bank and in hand: 68,197 195,267
Total current assets: 1,005,132 2,299,436
Creditors: amounts falling due within one year:   (1,307,673) (2,767,566)
Net current assets (liabilities): (302,541) (468,130)
Total assets less current liabilities: 2,453,270 4,563,341
Creditors: amounts falling due after more than one year:   (813,534) (1,656,724)
Total net assets (liabilities): 1,639,736 2,906,617
Capital and reserves
Called up share capital: 600 600
Other reserves: 400 400
Profit and loss account: 1,638,736 2,905,617
Shareholders funds: 1,639,736 2,906,617

The notes form part of these financial statements

K.S.C. 1T LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 August 2018
and signed on behalf of the board by:

Name: J S Bhogal
Status: Director

The notes form part of these financial statements

K.S.C. 1T LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

K.S.C. 1T LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

2. Intangible Assets

Total
Cost £
At 31 October 2016 5,234,946
Disposals (2,434,481)
At 31 October 2017 2,800,465
Amortisation
At 31 October 2016 887,585
Charge for year 86,335
On disposals (313,567)
At 31 October 2017 660,353
Net book value
At 31 October 2017 2,140,112
At 30 October 2016 4,347,361

K.S.C. 1T LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

3. Tangible Assets

Total
Cost £
At 31 October 2016 2,017,545
At 31 October 2017 2,017,545
Depreciation
At 31 October 2016 1,333,435
Charge for year 68,411
At 31 October 2017 1,401,846
Net book value
At 31 October 2017 615,699
At 30 October 2016 684,110